Tax-Advantaged Bonds
Includes tax-exempt bonds, tax credit bonds and direct pay bonds.
bond-basics
Direct Pay Bond
A Taxable Bond that offers a federal Interest subsidy to the Issuer in lieu of the Interest being excludable from federal income tax.
Dive Deeper on Tax Issues
Learn more about how various aspects of tax law intersect with municipal securities.
See Also
Related
The Workshop 2024: Session Bundle
If you did not attend The Workshop 2024, you can purchase access to individual sessions or the complete bundle: 10 sessions and 12+ CLE hours.
Requests for 2024-2025 IRS Priority Guidance Plan
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2024-2025 Priority Guidance Plan.
LIFT Act Reintroduced in 118th Congress
The three-prong bill would restore tax-exempt advance refunding bonds, modernize the small borrower’s exemption, and implement a new direct pay bond program.
Biden Releases FY2025 Budget
The FY2025 appropriations season has begun. Here’s a quick summary of what’s inside and what we’re tracking.
Emerging Tax Package in 2024
A potential deal to extend the CTC and fix the tax treatment of R&D expenses may also contain the “LIHTC Fix.”
A Busy December: What We’re Tracking
Congress may have punted its funding problems into next year, but members still face a long to-do list before this holiday season.
Start with the Bond Basics
Hundreds of Terms and Concepts
Debt Service Reserve Fund
The fund established as a reserve for payment of debt service on revenue bonds in the event there is insufficient money to make a debt service payment.