Information about tax-advantaged bonds, including tax-exempt, tax credit and direct pay bonds. Resources for issuers, borrowers and bond professionals. Buy savings bonds at Treasury Direct. Recent developments Changes to guidance, law and procedures that affect tax-exempt bonds. Form 8038-CP, Availability of Electronic Filing; Mandatory Electronic Filing for Certain Filers in 2024. (March 27, 2023) As part of ongoing efforts to improve service for the tax-advantaged bond community, the IRS accepts electronic filing of Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds. For more information, review the March 27, 2023 newsletter. Subscribe to updates Voluntary Closing Agreement Program (VCAP) Resolve violations of federal tax laws applicable to tax-advantaged bonds Get information Forms and filing requirements Forms and instructions for 8038 series and other forms for tax-advantaged bonds Get forms Community newsletter Tax-exempt bonds community e-news Subscribe Post issuance compliance General information on post-issuance compliance responsibilities of issuers of tax-advantaged bonds Basic concepts Related Complaints or referrals Reissuance Self-correction Published guidance and resources Announcements, notices, Internal Revenue Manual, revenue procedures, Treasury regulations, issue snapshots Tax-exempt bonds toolkit Published guidance Related Issue snapshots Internal Revenue Manual (IRM) materials Tax credit and direct pay bonds Information for issuers of tax credit & direct pay bonds. Filing requirements - Form 8038-CP Information to assist issuers in filing Form 8038-CP used to claim refundable credits payable to issuers of direct pay bonds Qualified and specified tax credit bonds - General FAQs Qualified tax credit bonds allow quarterly tax credits to bondholders, specified tax credit bonds provide a direct payment to the issuer instead of a tax credit to bondholders Reference materials Tax Information for bond holders Information on the tax treatment of investment income from bonds Understanding the tax-exempt bonds examination process General rules and procedures that are followed in examinations and how to correct certain compliance problems Publications These publications provide a general overview of federal tax law rules that apply to different types of tax advantaged bonds Avoid troubled tax advantaged bonds PDF IRS report identifying potential compliance problems faced by issuers during the transaction development, execution and post-issuance phases. News Tax-exempt bonds community updates About tax-exempt bonds Tax-Exempt and Government Entities - Annual priority and program letters
