Tax

The co-founder of the public finance practice at the firm that still bears his name has died at 96. He helped set the firms on its path to success.

The IRS has published its final regulations on e-filing of Form 8038-CP and will require electronic filings beginning with returns filed after Dec. 31, 2023.

State and local governments across the country are making increased efforts to put money forward for the purpose of reparations.

Public power agencies argued that subsidies for Build America Bonds should be exempt from the federal budget sequestration process.

Gov. Greg Abbott used his State of the State address to fast track his priorities for the legislative session and drop a hint about an upcoming $100 billion transportation infrastructure plan.

It's the latest in a series of so far unsuccessful bills that have targeted federal tax exemptions for debt-financed professional sports arenas.

Muni issuers are staunchly opposed to what they characterize as an unfunded mandate that provides limited benefits.

The scheduled expiration of the TCJA tax cuts "is the most significant factor pushing up tax revenues relative to income over the next 10 years," the CBO said.

The issue is important to lawmakers in high-tax states, and is also important to municipal issuers in those places who have said the cap infringes on their fiancial sovereignty.

New legislation on the high priority is on its way.