-
The Internal Revenue Service has recently closed two audits of bonds issued in Colorado with no change to the bonds' tax-exempt statuses.
By Naomi JagodaJanuary 30 -
Reps. John Duncan, R-Tenn., and Bill Pascrell, D-N.J., have once again sponsored legislation to exempt water and sewer private-activity bonds from state volume caps.
By Naomi JagodaJanuary 28 -
The Internal Revenue Service's interim guidance on how certain accountable care organizations can be structured to avoid resulting in private business use is limited in its scope, the National Association of Bond Lawyers and the American Hospital Association said.
By Naomi JagodaJanuary 27 -
Bonds issued by the Village Center Community Development District in Florida, the subject of a years-long audit and a controversial technical advice memorandum, are taxable private-activity bonds, the IRS said in a new notice of proposed issue.
By Naomi JagodaJanuary 23 -
An online sales tax proposal from House Judiciary Committee Chairman Bob Goodlatte is drawing criticism from a top Senate Democrat and officials with state and local government groups.
By Naomi JagodaJanuary 22 -
Treasury Secretary Jack Lew said Wednesday that congressional Republicans and the Obama administration are too far apart on individual tax reform but could reach an agreement on business tax reform.
By Naomi JagodaJanuary 21 -
Senate Finance Committee Chairman Orrin Hatch said Tuesday that tax reform his top priority and that he is aiming for bipartisan tax-reform legislation to be introduced and voted on in the committee later this year. The state treasurers are urging him to preserve the tax exemption for muni bonds.
By Naomi JagodaJanuary 20 -
The Senate Finance Committee took a step toward comprehensive tax reform on Thursday by launching five bipartisan working groups charged with issuing a report with recommendations by the end of May.
By Naomi JagodaJanuary 15 -
Rebecca Harrigal, director of the Internal Revenue Service's tax-exempt bonds office, will provide updates on TEB's work in fiscal 2015 during an audio webcast next month, the IRS said Wednesday.
By Naomi JagodaJanuary 14 -
Municipal bonds could get caught up in corporate tax reform, particularly if infrastructure financing is involved, a former Treasury Department official said.
By Naomi JagodaJanuary 14