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The Treasury Department and Internal Revenue Service are seeking recommendations for items that should be on its 2015-2016 priority guidance plan.
By Naomi JagodaMarch 16 -
Rep. Randy Hultgren said he has developed an appreciation for bonds as a result of his past experiences in both the public and private sectors.
By Naomi JagodaMarch 16 -
The federal government ran a $192.3 billion budget deficit in February, the Treasury Department reported Thursday.
By Naomi JagodaMarch 12 -
The Internal Revenue Service has advised several community development districts in Florida that they may not be political subdivisions that can issue tax-exempt bonds if they do not have public electors within five years of their bonds' issuance, a bond lawyer said.
By Naomi JagodaMarch 6 -
The Internal Revenue Service's much-criticized memorandum on the defeasance of Build America Bonds is the product of the fact that BABs were a short-term program, an official with the Internal Revenue Service chief counsel's office said Thursday.
By Naomi JagodaMarch 6 -
Bond lawyers are warning their issuer clients that they are operating at their own peril if they do not spend their bond proceeds in a timely fashion, since Internal Revenue Service agents in audits are raising concerns about proceeds that are spent late or not spent at all.
By Naomi JagodaMarch 6 -
The Village Center Community Development District in Florida said Monday that it disagrees with two Internal Revenue Service notices that asserted that the district's bonds are taxable.
By Naomi JagodaMarch 4 -
Panelists at an American Enterprise Institute event expressed concerns with proposals from Rep. John Delaney, D-Md., to create a national infrastructure bank and fund infrastructure through repatriation of foreign earnings.
By Naomi JagodaMarch 3 -
The National Association of Bond Lawyers is asking the Internal Revenue Service to modify or withdraw a memorandum about defeasances of Build America Bonds.
By Naomi JagodaMarch 2 -
The Internal Revenue Service is asserting that $25.42 million of bonds, which were issued by the California Statewide Communities Development Authority in 2005 and benefit the Sweetwater Union High School District, are taxable private-activity bonds.
By Naomi JagodaMarch 2