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TAS Tax Tip: Before you file that federal tax return: Stop and follow these tips to help avoid unnecessary delays

The Taxpayer Advocate Service wants to help you avoid delays this filing season, including refund delays. If you missed attending one of our local events and you prepare your own tax return, wheth...

NTA Blog: National Taxpayer Advocate Releases Annual Report to Congress and Purple Book

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs....

National Taxpayer Advocate Delivers Annual Report to Congress

Each year's Annual Report to Congress identifies the ten most serious problems facing taxpayers and offers recommendations to fix them. ...

TAS Tax Tip: Important information you need to know about refunds

Planning for a refund this year? Use these tax tips and find out what you need to know and understand about tax refund timing, when you could receive it and why you may only get part or none at all...

TAS Tax Tip: Wait to receive your W-2 form or other income statements to file your tax return

The Taxpayer Advocate Service (TAS) wants to help you be prepared for the tax filing season. One way to avoid tax processing or refund delivery delays is to wait until you’ve received all of ...

Save the date and attend a free pre-filing season tax tips event in your area, January 13-17, 2020

Planning to file your tax return soon? Before you file your 2019 federal tax return, get tax tips from the Taxpayer Advocate Service (TAS) and avoid delays this tax filing season. The Taxpayer Advo...

TAS Tax Tip: See this important information about child and dependent-related tax benefits

If you have children or other dependents, and qualify to claim them on your tax return, there are a few things you need to know now, and some you may need to act on before you file your 2019 federa...

NTA Blog: Holiday Cheer and All the Best in the New Year

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs....

NTA Blog: IRS Publication Error May Have Caused Certain Married Taxpayers Filing Separately to Fail to File Required Tax Returns

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs....

TAS Pre-Filing Season Outreach

Ready to file your federal tax return? Stop by one of these events first and get tips to avoid delays! Want to avoid delays this filing season, including refund delays? Find out how by visiting...

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Use all of our contact info below to reach out to Horton, Lee, Burnett, Peacock, Cleveland & Grainger, P.C.— We’ll be happy to assist you however we can.

3800 Colonnade Pkwy, Suite 500
Birmingham, AL 35243

 

205.967.9744

 

205.967.9745

 

Email Us info@hortonlee.com

 

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Bond Rebate Services

In today’s world of tax-exempt financings, issuers and trustees must concern themselves with a myriad of legal and tax issues that require sound advice from qualified professionals. Some of the often overlooked, yet critical, areas of tax compliance with respect to tax-exempt bonds are the arbitrage and rebate provisions under the Internal Revenue Code.

Simply stated, these rules require the issuer to rebate to the Federal government any investment earnings in excess of the bond yield paid. Unfortunately, the simplicity usually stops there and a complex set of rules (developed over 30 years) creates the maze through which a bond issuer or trustee must find their way to determine whether a rebate liability exists.

HLB is dedicated to providing bond issuers and trustees a complete and accurate picture of their rebate liability. However, our service goes well beyond the mere number crunching. As part of our firm’s Tax Department, we utilize the expertise of tax professionals to analyze each client’s bond issue in order to properly interpret and apply the arbitrage provisions. Furthermore, we can assist clients and their bond counsel in any planning opportunities that may be available when bonds are issued. Our goal is to provide value to our clients beyond the mere calculation of the rebate liability.

If you would like more information on our tax-exempt bond service, please contact us today.


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