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Tax Exempt Bonds | Internal Revenue Service

Tax Exempt Bonds

Welcome to the Tax Exempt Bonds knowledge base! Here you will find information about tax-advantaged bonds, including tax-exempt, tax credit, and direct pay bonds. This resource is designed to assist issuers, borrowers, and bond professionals in understanding the various aspects of tax-exempt bonds.

Recent Developments

Stay up to date with the latest changes to guidance, laws, and procedures that affect tax-exempt bonds. Here are the recent developments:

  • Form 8038-CP - Availability of Electronic Filing; Mandatory Electronic Filing for Certain Filers in 2024 (March 27, 2023): As part of our ongoing efforts to improve service for the tax-advantaged bond community, the IRS now accepts electronic filing of Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds. For more information, please review the March 27, 2023 newsletter.

Subscribe to Updates

To ensure you never miss an important update, subscribe to our newsletter. Stay informed about the latest news, regulations, and resources related to tax-exempt bonds.

Voluntary Closing Agreement Program (VCAP)

The Voluntary Closing Agreement Program (VCAP) is designed to help resolve violations of federal tax laws applicable to tax-advantaged bonds. If you have encountered any issues or violations, the VCAP can provide guidance and assistance in resolving them.

Forms and Filing Requirements

To help you navigate the process of tax-exempt bonds, we provide a range of forms and instructions. These forms include the 8038 Series and other forms specifically designed for tax-advantaged bonds. Make sure to review the instructions carefully to ensure accurate and timely filing.

Community Newsletter

Stay connected with the Tax Exempt Bonds Community E-News. Our newsletter provides valuable insights, updates, and resources for the tax-exempt bond community. Subscribe today to stay informed and enhance your knowledge in this field.

We hope this knowledge base provides you with the information you need to navigate the world of tax-exempt bonds. If you have any further questions or need assistance, please don't hesitate to reach out to our support team.

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