Back to top

News

2018 Tax Forums will feature TAS seminars, Case Resolution Program

Each year the IRS sponsors the Nationwide Tax Forums, a three-day series of tax education and networking conferences for tax professionals in cities around the country. These events feature the lat...

Success Story: TAS Successfully Advocates for Taxpayer Subjected to Repetitive Audits

Every year the Taxpayer Advocate Service (TAS) helps thousands of people with tax problems. This story is only one of many examples of how TAS helps resolve taxpayer issues. All personal details ar...

IRS provides additional day through Wednesday, April 18 to file and pay your 2017 taxes

Yesterday, the IRS experienced system issues and was unable to accept tax returns.  The processing systems are back online today. The IRS announced it will provide an additional day to file yo...

NTA Blog: What’s wrong with IRS user fees?

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

National Taxpayer Advocate Nina Olson testifies on Oversight before several House Subcommittees

National Taxpayer Advocate Nina E. Olson testified before the House Subcommittee on Health Care, Benefits, and Administrative Rules and Subcommittee on Government Operations Committee on Overs...

NTA Blog: The IRS Can Do a Better Job Providing Military Taxpayers With Accurate and Up-to-Date Information About Tax Issues They Are Facing

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

Colloquium on Tax and the Sharing Economy at Villanova University

National Taxpayer Advocate Nina Olson spoke to law students at Villanova University at an event sponsored by the Tax Law Society and the Women’s Law Caucus. A Pennsylvania native, Ms. Olson s...

Success Story: TAS Helps Disabled Veteran Receive Portions of Her Refunds from Three Years

Every year the Taxpayer Advocate Service (TAS) helps thousands of people with tax problems. This story is only one of many examples of how TAS helps resolve taxpayer issues. All personal details ar...

NTA Blog: A Digital “Mailbox Rule” Is Required As the IRS Steers Taxpayers Toward Self-Help Digital Tools

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

NTA Blog: An Analysis of Tax Settlement Programs as Amnesties: A Discussion of Belated Alternatives to the Offshore Voluntary Disclosure Program and Recommendations for Further Improvements (Part 3 of 3)

Subscribe to the NTA’s Blog and receive updates on the latest blog posts from National Taxpayer Advocate Nina E. Olson. Additional blogs from the National Taxpayer Advocate can be found at w...

More News

Reach Out To Us

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

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.


More than pencil pushers, real CPAs working for you.