Search Results: Internal Revenue Service (IRS)
Small Business, Innovation and Tax Policy: A Review
William Gale and Samuel Brown from Urban-Brookings Tax Policy Center published this paper discussing interactions between the federal tax code, small business, and the economy. Among other things, the paper also identifies tax provisions that most...
Issuing Bonds - The Rules Login
Linda Schakel from Ballard Spahr LLP covers the strict series of rules governing tax-exempt bonds depending on project type, and bond being used. Linda explains the private business use test, alternative minimum tax, volume cap, use of proceeds and...
Incentives for Clean Energy Production Login
Tremendously useful document from Wisconsin's Office of Energy Independence. This document provides comprehensive, detailed information of all state and federal grants, loans, bonds, credits, and programs that can be utilized for clean energy...
IRS Letter Re: PPAs as Separate Assets Login
This response by the Internal Revenue Service to a request for private letter ruling provides the IRS interpretation related to payments to acquire wind generation businesses and facility-specific power purchase agreements' statuses as separate...
Hawkins Advisory: Revised IRS Form 8038-CP Login
This Advisory from Hawkins Delafield & Wood LLP covers the revised IRS Form 8038-CP and emphasizes changes to the form's instructions, particularly the filing of forms for various types of bonds.
Tax Credit Finance Reference Guide
Written in conjunction with Ice Miller LLP, the Tax Credit Finance Reference Guide examines how to effectively apply tax credits to development opportunities, and explains the basics of tax credits and the fundamentals of using these tools. In...
Hawkins Advisory: Pre-Refunded Bonds
This advisory from Hawkins, Delafield & Wood LLP discusses whether a material event notice is required to be sent in connection with the S&P downgrade of pre-refunded bonds.
Federal Financing Reference Guide
The Council of Development Finance Agencies released the Federal Financing Reference Guide with generous sponsorship support from Stifel Nicolaus and additional support from Business Oregon and the City of Minneapolis. The Federal Financing...
Power Purchase Agreement Checklist for Governments Login
This resource from the National Renewable Energy Laboratory provides a checklist that state and local governments can use when considering solar photovoltaic power purchase agreements (PPA). The guidance provides an overview of a PPA, financing...
Hawkins Advisory: Revised IRS Form 8038
This Advisory from Hawkins, Delafield & Wood LLP addresses the revised version of IRS Form 8038, which covers tax exempt private activity bond issues. The Advisory provides guidance on seven major changes to the form.
IRS Limits Use of Draw-Down Bonds for BABs Login
The IRS has released guidance limiting draw-down bonds for BABs, but does permit the use of draw-down structures for “bank qualified bonds”. This will have a significant impact on the bond market in the next 30 days with BABs set to expire at the...
Internal Revenue Service New Markets Tax Credit Audit Guide
The Internal Revenue Service recently released this training guide for revenue agents assigned to monitor the New Markets Tax Credits program. It includes a thorough explanation and background on NMTCs and describes requirements of the various...