IRS

The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape

Higher interest rates are keeping arbitrage on the playing field as issuers try to play by the rules and still come out ahead.

Turmoil and turnover at the Internal Revenue Service is causing headaches for bond attorneys attempting to comply with audits or searching for answers about complex public finance issues.

The bill would exempt lead service line replacement projects from the IRS' private business use test.

The Internal Revenue Service is requesting documents from the Erie City Water Authority regarding a $36,320,000 issuance of Water Revenue Bonds Series D of 2019.

Losing its 501(c)(3) status could cost Harvard $500 million annually.

The IRS has issued a preliminary determination that educational and general revenue bonds issued in 2018 by the University of Rhode Island are taxable due to alleged noncompliance with requirements of Section 149(g).

Native American Tribes are working their way through Congressional committees looking for support on legislation that would allow the tribes to issue municipal bonds using the same rules as state governments.

Audit activity in the municipal market ebbs and flows with the IRS budget.

The IRS finalized tax code regulations that date back to the financial crisis of 2008 that govern the retirement and re-issuance of tax exempt bonds by state and local governments.

Budget battles in the new administration will lean toward further cuts to the IRS budget.

The Hampton County School District in Varnville, South Carolina has won its dispute over the tax-exempt status of Series 2010 general obligation bonds.

The Office of Tax-Exempt Bonds has been staffing up, IRS officials said at the National Association of Bond Lawyers conference in Chicago.

NAFOA is supporting passage of the Tribal Tax & Investment Reform Act, which would free up tribal bond issuance.

The saga dating back to last year appears to be concluded with a settlement.

Over $15 million in utility revenue bonds have been called into question.

The public finance industry has been tracking the growth of the IRS budget with concerns that funding boosts would translate into higher audit rates for bond transactions.

The new rules are expected to boost bond issuance.

New laws, fines and agencies leveraging AI are poised to impact the munis industry throughout 2024.

A 2017 issuance is in danger of losing its tax-exempt status.