IRS

The reduction is slightly smaller than 6.9% cut in the current fiscal year that ends Sept. 30.

Bank of New York Mellon Trust Company erroneously redeemed Philly school bonds

IRS agents are increasingly closing audits with no action if bonds are converted to taxable.

Taxpayers already can arrange a telephone conference instead of traveling to an IRS appeals office.

Questions have been raised about incentives provided to developer.

Treasury has targeted the proposed political subdivision rules as burdensome.

Wayne County, Michigan hopes to parlay positive credit news into savings on an upcoming jail project issue.

In an IRS-driven exchange, a Florida jail operator will exchange tax-exempt bonds for taxable debt.

An ABA group warns tax regulators the proposed political subdivision rules could hurt many existing bond issuers.

Senators urge tax regulators to clarify tax requirements for tax-exempt bonds used to refinance student loans, saying this will help reduce soaring student loan debt.

The next municipal securities rules to be released from the IRS will be those on the public approval process for private activity bonds and they will be more flexible than previously proposed rules.

Congress includes funds for many bond-related programs in $1.16T spending bill for fiscal 2017.

Some market participants think issue price rules should be reviewed for complexity, burdens, and costs

Treasury and the IRS are asking which municipal bond projects should be on their next priority guidance plan