The 5 Critical Ways Novogradac & Company LLP Is Dominating The 2025 Tax Credit Landscape
Contents
Novogradac & Company LLP: The 2025 Firm Profile and Leadership
Novogradac & Company LLP is a national professional services organization providing a full range of audit, tax, valuation, and consulting services. The firm was founded by Michael Novogradac, who currently serves as the managing partner in the San Francisco office, with a core focus on real estate taxation and accounting. The firm's operations are spread across more than 25 offices nationwide, reflecting a growing market presence and a coast-to-coast commitment to its specialized practice areas. This expanding footprint underscores its status as one of the fastest-growing accounting firms in the country.Key Leadership and Structural Updates for 2025
The year 2025 has been marked by strategic growth and internal development at Novogradac. The firm recently announced the naming of nine new principals, a move that significantly expands its leadership capacity and deepens its expertise across various regions. This expansion is crucial for managing the increasing complexity and volume of deals in the tax credit space. A key figure in the firm's influence is Peter Lawrence, the Chief Public Policy Officer. Mr. Lawrence is primarily responsible for leading the firm’s Public Policy department, which plays a vital role in tracking, analyzing, and communicating legislative and regulatory updates, such as the potential permanent LIHTC expansions included in the latest 2025 tax bill discussions. This proactive public policy engagement ensures Novogradac remains at the forefront of industry change. The firm also emphasizes internal development through initiatives like the Novogradac Employee Leadership Council, fostering a strong corporate culture recognized by organizations like Great Place To Work.The 2025 Dominance in Specialized Tax Credit Programs
Novogradac’s reputation is built on its unparalleled expertise in a handful of highly specialized federal tax credit programs that drive billions in capital investment for community development and infrastructure. The firm’s services are essential for navigating the compliance, valuation, and structuring complexities of these credits.1. Low-Income Housing Tax Credit (LIHTC)
The LIHTC program is the nation's primary tool for creating and preserving affordable rental housing. Novogradac is universally recognized as the industry leader in this sector. Their services cover everything from financial modeling and market analysis to audit and tax compliance for LIHTC properties. The firm's involvement in specific, large-scale affordable housing projects, such as those that secure Private-Activity Bond Volume Cap, is a testament to their deep technical expertise.2. New Markets Tax Credit (NMTC)
The NMTC program is designed to spur economic development in low-income communities. Novogradac’s annual NMTC Conference, including the one scheduled for Fall 2025, is a major industry event, providing timely insights into regulatory updates, financing structures, and current deal flow. The firm's work with the NMTC is versatile, supporting projects ranging from large urban developments to smaller, rural community facilities, proving that the credit works effectively in diverse settings.3. Renewable Energy Tax Credits
With the increasing national focus on sustainability and clean energy, Novogradac has significantly expanded its practice in the Renewable Energy Tax Credits sector. The 2025 Spring and Fall Renewable Energy Tax Credits Conferences are crucial platforms for discussing the latest policy updates and investment strategies impacting solar, wind, and other clean energy projects. This focus area highlights the firm's adaptability in applying its tax expertise to emerging financial markets.4. Historic Tax Credits (HTC)
The rehabilitation of historic buildings is often financed through Historic Tax Credits. Novogradac’s expertise ensures that developers can successfully navigate the intricate rules governing these credits, which are vital for urban revitalization and preservation efforts. The 2025 Historic Tax Credit Conference is another cornerstone event that brings together industry leaders to discuss the latest news and best practices in this specialized area.5. Opportunity Zones (OZ)
While LIHTC and NMTC remain the core, Novogradac's engagement extends to newer community development programs like Opportunity Zones. The firm’s attendance at events like the 2025 OZ Summit demonstrates their commitment to providing comprehensive guidance on all major tax-incentivized investment vehicles, ensuring clients can leverage all available capital sources for their projects.Setting the Industry Standard: Novogradac’s Thought Leadership and Awards
Beyond providing essential accounting and consulting services, Novogradac & Company LLP operates as a central hub for industry knowledge, best practices, and recognition, effectively shaping the narrative and standards for the tax credit community. This extensive thought leadership is a key differentiator.The Novogradac Journal of Tax Credits
The firm publishes the highly respected *Novogradac Journal of Tax Credits*, which is considered an authoritative source for the very latest news, analysis, and deep-dive articles on all major tax credits. This publication is a foundational resource for industry professionals, ensuring they have access to timely, accurate data and expert commentary.Annual Awards Programs
Novogradac hosts several prestigious annual awards programs that recognize excellence and innovation in community development. The launch of the 2025 Journal of Tax Credits Awards Season, announced in January, highlights the firm’s commitment to honoring outstanding developments in affordable housing and community revitalization. These awards, which include categories for affordable housing and New Markets Tax Credit projects, showcase successful models and inspire best practices across the industry. For example, the recognition of seven affordable housing developments at a recent awards ceremony underscores the firm's role in celebrating impactful community projects.Training and Education
Novogradac is also a major provider of Continuing Professional Education (CPE) and training. The firm is registered with the National Association of State Boards of Accountancy (NASBA) and regularly has its principals, such as Morgan Debusk, serve as trainers for organizations like the National Council of State Housing Agencies (NCSHA). This commitment to education ensures that industry professionals are well-equipped to handle the complex regulatory landscape. The firm's dedication to its specialized niche—from its deep technical expertise in LIHTC and NMTC to its influential public policy work and extensive industry education—makes Novogradac & Company LLP the undisputed authority in the complex world of tax credit-driven real estate. As the 2025 landscape evolves with potential legislative changes and new investment priorities, Novogradac will continue to be the essential partner for capital deployment and community impact.
Detail Author:
- Name : Jayce Satterfield PhD
- Username : ohaag
- Email : bailee.dicki@hotmail.com
- Birthdate : 1988-11-12
- Address : 1978 Zaria Dam West Orin, KY 12266-8317
- Phone : (219) 794-4283
- Company : Frami-Boehm
- Job : Refrigeration Mechanic
- Bio : Rerum ea nostrum rem et qui. Velit sed sunt fugiat aperiam magni. Non maxime sed ut et culpa.
Socials
linkedin:
- url : https://linkedin.com/in/schimmel2018
- username : schimmel2018
- bio : Beatae nemo esse autem labore.
- followers : 589
- following : 1750
instagram:
- url : https://instagram.com/kiara.schimmel
- username : kiara.schimmel
- bio : Omnis neque dolor quis quas. Vel tempora ea et minus mollitia. Vitae perspiciatis ipsum aut quae.
- followers : 2686
- following : 451
facebook:
- url : https://facebook.com/kiaraschimmel
- username : kiaraschimmel
- bio : Voluptas hic consequatur recusandae praesentium.
- followers : 5087
- following : 2671
