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These clients can rest assured their tax professional prepared their tax return accurately and the tax refund was never in jeopardy due to this issue.
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There are 75, 000 jobs across the country, and the industry has estimated that 37, 000 jobs could be in jeopardy if this tax credit is not extended.
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Such conduct caused municipal issuers to file inaccurate reports with the Internal Revenue Service and placed the tax-exempt status of the underlying bonds in jeopardy.
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And I believe the industry has said 37, 000 jobs would be in jeopardy across the country if the production tax credit, the wind energy tax credit were not renewed.
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Other related community-development tax credits, such as the Clinton era New Markets credit and the older Historic Preservation credit, would also be in jeopardy.
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