IRS enforcement has long been part of the game for issuers and borrowers when utilizing tax-exempt financing. After a period of fewer agents and fewer audits, the IRS has received additional funding and is staffing up, with a goal of 60 Tax-Exempt Bond agents by the end of the year. Listen today for an update on what the IRS will expect you to provide during an audit and tips for responding to their request. (February 28, 2024)
Sponsored basic research occurring in tax-exempt bond financed facilities is one of the most common places where private business use is likely to be generated. Navigating compliance can be difficult due to the nature of the IRS regulations and the potential volume of agreements. Listen today for tips to help manage the basic research process when there is a nexus to tax-exempt bonds. (May 21, 2024)
Coming soon, look for additional videos related to private business use (PBU), arbitrage rebate, continuing disclosure, and ESG Bonds.
As you navigate the compliance challenges related to issuing and borrowing on a tax-exempt basis, make BLXonCOMPLIANCE a regular part of your routine and join us each month for a fresh new discussion.
Check back again next month for monthly updated content.
