AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-10235719_ITM" title="Facts and information about What To Do When the IRS Audits Your Bonds.">What To Do When the IRS Audits Your Bonds.</a>
Close
Set up an RSS feed that alerts you when new articles from Government Finance Review are available.
Frequently asked questions about RSS feeds
What To Do When the IRS Audits Your Bonds.
Under the IRS's expanded enforcement program, it is much more likely today that a city, county, or special purpose district's bond issues will receive a notice or audit than in the past. As a result, issuers must be prepared to respond to an audit by having a basic understanding of the audit process. This article proved issuers with information on their rights and appeal procedures during the audit process.
In recent years, the Internal Revenue Service (IRS) has significant expanded its enforcement program for tax-exempt bonds. The enforcement program involves the audit of tax-exempt bond issues to determine their compliance with federal tax law requirements.
...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- IRS Pursues Audits of 1997 and 1998 Health Care Tax-Exempt Bond...
- News wire article from: Mondaq Business Briefing May 25, 2006 700+ words
...requirements for use of proceeds. The IRS has now provided more details...Beginning August 2006, the IRS will notify the issuers of between...30 qualified 501(c)(3) bond issues that their issues are under audit. The IRS will select from among those...
- Almost 300 tax-exempt bond issues are under investigation or audit by IRS,...
- Magazine article from: The Bond Buyer Hume, Lynn Stevens August 8, 1994 700+ words
...300 tax-exempt bond issues have been referred...investigation or audit. an IRS official said Friday...the press, or IRS officials who announced...recommend audits of bond issues with certain structures...article on tax-exempt bond issues. Turning to a bond...Owens said ...
- IRS Looks at All Tobacco Bond Issues N.Y.C Westchester Receiver Receive...
- Magazine article from: The Bond Buyer Kruger, Daniel May 12, 2000 700+ words
...lawyers said. Another said the IRS might be looking at issues relating...Corp., said that unless the IRS announced it was looking into specific perceived defects in the bond issues, investors would not be concerned...likely to get upset about the IRS performing an informational...
- Landmark decision pending in California case challenging IRS' right to tax...
- Magazine article from: The Bond Buyer Pryde, Joan November 10, 1994 700+ words
...day trial in May. The IRS, for example, denied...Whitewater Garden and Ironwood bond issues would have a chilling...compensation plans, the IRS says in its brief. But...left unchecked, the IRS's power to revoke the tax exemption on municipal bond issues will be "an ...
- IRS tells Hinds County, Miss., that five bond issues may be taxable.
- Magazine article from: The Bond Buyer Hume, Lynn Stevens May 20, 1996 700+ words
...almost identical to one the IRS sent Warren County, Miss...month. That letter said the IRS had "preliminarily determined" that two multifamily bond issues were taxable and asked county...the two counties indicate the IRS may be moving toward taxing...
- Enforcement: Maryland Agency Discloses IRS Audit Of Two 2002 Hospital Bond...
- Magazine article from: The Bond Buyer Schroeder, Peter May 12, 2008 700+ words
...audits of two hospital revenue bond issues it sold in 2002. The audits...information repositories. The IRS is looking at $71.7 million...are likely routine, as the IRS did not indicate any anticipated...health care issuers said the IRS notification letters sent to...
- IRS: Report: Refundings Exceeded New-Money Bond Issues in 2005.
- Magazine article from: The Bond Buyer McConnell, Alison L. December 4, 2007 700+ words
...the $330.4 billion issued in 2004, the IRS reported in its fall 2007 Statistics of...bonds for the first time since 1993, the IRS said. Of the $311.3 billion of long...revenue, and bond anticipation notes, the IRS said. New-money issuance of governmental...
- Regulatory moratorium may prevent IRS rulings on bond issues, lawyers say.
- Magazine article from: The Bond Buyer Pryde, Joan January 24, 1995 700+ words
...proposed legislation covers at least one IRS regulation important to the municipal market...bill's wording is vague, Treasury and IRS officials have said it would appear to apply...revenue rulings and procedures. Barring the IRS from offering any regulatory guidance to...