Welcome to Credit Worthy, a blog about the historic tax credit industry. With the specter of tax reform looming on the horizon and what seems like daily changes in state historic credits, we felt this was an opportune time to launch the blog. Credit Worthy is being developed in conjunction with MacRostie Historic Advisors’ new web site, which will be coming in October.
Our goal in launching the blog is to provide a forum for news and discussion about all aspects of the historic tax credit industry. Having a national practice, headquartered in DC, we have an opportunity to experience firsthand what is happening across the country and want to share this experience. We will keep you up to date on the latest lobbying efforts on the federal credit front and on changes with NPS guidance. We will also be calling on many of our colleagues to guest blog about their areas of expertise, ranging from accounting to tax law to syndication of federal and state historic credits.
In addition to providing information about all aspects of historic tax credits, we hope we can help promote efforts by organizations like the Historic Tax Credit Coalition and National Housing & Rehabilitation Association to lobby on behalf of our community. Advocacy around tax reform should not only be seen as a time to play defense, but also as a chance for our industry to highlight job creation, and other positive impacts the credits have at the local, state and federal levels. We plan to blog a couple of times a week, so if there is anything you think we should be discussing…let us know and look for our next post.
About the Blogger - Bill MacRostie is the Principal of MacRostie Historic Advisors, a firm which he founded in 2004. He has been in the private sector consulting on historic tax credit projects for over 27 years.
Read more about Bill here.
