PTIN Seal

Fiscal Cliff Tax Changes

  1. PTINdirectory
  2. Tax Knowledge Database
  3. Fiscal Cliff Tax Changes
  4. New Markets Tax Credit

New Markets Tax Credit

The New Markets Tax Credit (NMTC) program encourages private investment into businesses in low-income communities. Under this program, a client may obtain a 39 percent tax credit, spread out over seven years. The new law extends the NMTC program through 2013, retroactive to 2012.

Need Professional Help?

If you need help with "Fiscal Cliff Tax Changes" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.