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Municipal bond market experts want clarification from the IRS on a few regulations and expect the agency to move ahead with its new data driven audit process.
December 28 -
A tribal government specialist has replaced Allyson Belsome as head of the group responsible for muni bond audits.
November 29 -
Public power providers can apply through June 19, 2018 to issue a total of $379.5 million of New CREBs.
October 31 -
Treasury, IRS concerns remain that some political subdivisions are controlled by developers.
October 20 -
Bond attorneys expressed dismay the public notice requirement would remain 14 days.
October 6 -
Some lawyers like the more targeted process, others have concerns,
October 5 -
Treasury and the IRS said they may propose more targeted guidance on political subdivisions.
October 4 -
IRS examiners will focus on compliance with arbitrage, PAB requirements for munis.
October 2 -
The proposed rules would be updated to cover all PABs and recognize electronic communications.
September 28 -
The private letter ruling from the IRS concludes a city commuter rail division is a political subdivision that can issue tax-exempts.
September 19