IRS

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.

The Education Finance Council is seeking clarification on bond rules related to student loans.

Arbitrage is in play, IRS budget boost is uncertain, stepped-up enforcement concerns remain

The IRS concluded the examination of an advance refunding of capital improvement funds with no change to the bonds' tax-exempt status.

The issuer said it pans to discuss the matter with the IRS.

Current interest rates offer arbitrage opportunities and challenges to bond issuers.

AI will be part of a new tax-enforcement effort that will target high-income earners, partnerships, and large corporations.

With around 30% of bonds trading near the de minimis threshold, a new study takes a deep dive into how the rule drives illiquidity as mutual funds dump paper that's approaching the threshold.

The determination is based on the slow speed of expenditure and expectations.

Not-for-profit community hospitals are drawing scrutiny for questionable business practices.

The clarifications are predicted to boost bond issuance .

The National Association of Bond Lawyers sends letter to non-responsive federal agency

A tender offer and a debt service shortfall related to bonds issued in the wake of Winter Storm Uri popped up this month as its financial impact lingers.

A proposed IRS regulation boosts the amount of bonds that can be guaranteed by nearly 86% to about $218 billion.

The examination includes specific questions related to compliance with Federal tax requirements.