Date: Wednesday, March 8, 2017
Time: 12:00 pm - 1:30 pm
Location: NEPIRC Training Facility
The Northeastern Pennsylvania Industrial Resource Center (NEPIRC), in conjunction with Baker Tilly Virchow Krause, LLP, is hosting a no-cost lunch seminar that provides an overview of the New Markets Tax Credits (NMTC).
The NMTC program spurs investment into operating businesses and real estate projects located in low-income communities. New Markets Tax Credits are not designed to be a primary source of funding, but they can be an excellent option to fill a gap in funding for projects that make economic sense. NMTC net proceeds can fund up to 20 to 25 percent of a project and are paired with owner equity, borrowed funds or other available tax credits and incentives.
Gain a better understanding of how the New Markets Tax Credits program works and how allocation may benefit the capital structure of your project.
Who should attend? CEOs, CFOs, business advisors, consultants and developers
The learning objectives include:
- A general understanding of New Markets Tax Credits (NMTC)
- How to realize potential benefits of NMTC
- Recognizing NMTC eligibility
About the Presenter:
Dave Evans, director of affordable housing for Baker Tilly Virchow Krause‘s Northeast region, has more than thirty-five years of experience and success. Dave provides advisory services to clients throughout Pennsylvania and the entire Northeast. Prior to joining Baker Tilly Virchow Krause in 2015, he served as executive director of the Commonwealth Cornerstone Group, a community development entity established by PHFA to bring New Markets Tax Credits into low-income community projects to support economic development.
Information about CPE eligibility:
There are no prerequisites for this seminar, and advance preparation is not required. There is no cost to attend this seminar.
CPE credit: One (1) hour total credit
Field of study: Taxes
CPE host: Kate Antolick
A certificate of completion will be e-mailed to you four to six weeks after the event. For more information regarding administrative policies such as complaint and refund, please contact 608-240-2522.
Baker Tilly Virchow Krause, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.