The Internal Revenue Service has declared as taxable interest earnings from tax-exempt bonds issued by an authority in Little Rock, Ark., but that may be the least of the bondholders' concerns because the bonds are in default and they may not receive any more interest payments.
IRS Finds Some Ark. Authority Bonds are Taxable, But Bonds are in Default
FEB 21, 2013 4:06pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here