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An issuer of tax-exempt bonds and Build America Bonds can reallocate its proceeds, the Internal Revenue Service ruled.
By Naomi JagodaSeptember 3 -
The Internal Revenue Service is auditing bonds issued in 2011 for a charter school operator in Chicago that settled securities fraud charges with the Securities and Exchange Commission in June.
By Naomi JagodaSeptember 2 - Virginia
Virginia is expected to have a nearly $2.4 billion revenue shortfall from fiscal 2014 to 2016, the commonwealth's governor, Terry McAuliffe, said Friday.
By Naomi JagodaAugust 18 -
Industrial production rose 0.4% in July, the Federal Reserve reported Friday.
By Naomi JagodaAugust 15 - Texas
The Fannin County Public Facility Corp. in Texas has settled tax law violations with the Internal Revenue Service by agreeing to pay $1.75 million and redeem all of the outstanding bonds from the $30.78 million it issued in 2008 to finance a jail.
By Naomi JagodaAugust 14 - Alabama
The National Association of Bond Lawyers released a paper Tuesday to help educate bond lawyers and other market participants about general obligation bonds in the wake of the Detroit and Jefferson County, Ala. bankruptcy filings.
By Naomi JagodaAugust 12 -
The federal government ran a $94.6 billion budget deficit in July, the Treasury reported Tuesday.
By Naomi JagodaAugust 12 -
Susan Collet, who until recently worked at the Bond Dealers of America, is launching her own government-relations advisory firm focused on municipal securities, tax policy and not-for-profit electric utilities.
By Naomi JagodaAugust 11 -
The Internal Revenue Service's tax-exempt bond office has had several key personnel changes in recent weeks.
By Naomi JagodaAugust 8 -
The Internal Revenue Service has told the Philadelphia Authority for Industrial Development that it is auditing bonds the authority issued in 2005 for a charter school project in Philadelphia because of information we received from external sources or developed internally that causes a concern that there are tax-law violations.
By Naomi JagodaAugust 8