Journal of

Marketing Development and Competitiveness

Scholar Gateway

Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts

Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

Stasio (p. 47-56)

Albert-Valette-Florence (p.57-63)

Zhang-Rauch (p. 64-70)

Alam-Yasin (p. 71-78)

Mattare-Monahan-Shah (p. 79-94)

Nonis-Hudson-Hunt (p. 95-106)

JOURNAL OF ACCOUNTING AND FINANCE

New Markets Tax Credits – An Investment Consulting Opportunity for CPAs

Author(s): Kenneth Abramowicz, Michael DeCelles, Howard Sparks

Citation: Kenneth Abramowicz, Michael DeCelles, Howard Sparks, (2013) "New Markets Tax Credits – An Investment Consulting Opportunity for CPAs," Journal of Accounting and Finance, Vol. 13, Iss. 3, pp. 98 - 104

Article Type: Research paper

Publisher: North American Business Press

Abstract:

The New Markets Tax Credit (NMTC) federal program encourages investments in under-developed and

economically depressed areas of the country by providing substantial tax credits that may turn marginal

projects into profitable investments. While the NMTC program is scheduled to expire when current

unallocated investment authority is depleted (or by FY 2015), Congress is expected to extend the

program. Given their familiarity with local business economies, CPA firms may be able to use the

program to benefit existing clients or attract new clients. CPA firms and their clients may also benefit

from enhanced goodwill via associations with socially desirable projects.