Information return penalties

An information return penalty may apply if you don't file information returns or provide payee statements on time. We mail you Notice 972CG if you owe a penalty and charge monthly interest until you pay the amount in full.
General Information
Governments

Reissuance of tax-exempt obligations: Some basic concepts

Tax-Exempt Bonds is providing some basic information to assist issuers and conduit borrowers of tax-exempt bonds in understanding the tax impact of a reissuance.
General Information
Bond Professional

Tax exempt bond FAQs regarding record retention requirements

During the course of an examination, TEB agents request material records and information necessary to support a municipal bond issue's compliance with IRC section 103.
General Information
Bond Professional

Taxes for Failure to Meet the Requirements of Section 501

Find information on Section 4959 Excise Tax for Failure to Meet the Requirements of Section 501(r)(3) and Noncompliant Facility Income Tax for Failure to Meet the Requirements of Section 501(r)
General Information
Governments