Novogradac & Company LLP works extensively in the affordable housing, community development and renewable energy fields, providing tax, accounting, auditing and valuation services to affordable housing projects. A snapshot of its services include compiling financial forecasts used to support partnership agreements, preparing partnership returns and Schedules K-1 for investors, and performing financial statement audits. In connection with various state housing agency and IRS requirements, the firm also prepares tax credit applications, performs final cost certification audits and performs carryover allocation (10 percent test) audits. In addition, the firm provides valuation services such as market studies, feasibility analysis and appraisal services for fair market rate and affordable housing developments.

The firm's practice includes work involving renewable energy tax credits, specifically the production tax credit for wind and the investment tax credit for solar, providing consulting, tax, accounting and auditing to renewable energy projects. The firm serves a variety of participants in the renewable energy industry, including developers, investors and installers providing them with services such as compiling financial forecasts used to support partnership agreements, preparing partnership returns and Schedules K-1 for investors, and performing financial statement audits. In connection with various investor requirements, the firm also performs final cost certification audits.