Articles and Blogs

Master Financing Agreements are a great financing tool for everyone considering tax-exempt financing and are now available in Indiana.  On December 19, 2013, the Indiana Finance Authority (the “IFA”) authorized a turn-key Master Financing Agreement program (the “MFA Program”).  MFA Programs are also available in other states and in some cases may be implemented with... READ MORE

For the past several years, the Internal Revenue Service (“IRS”) has increased its attention on tax-exempt bond post-issuance compliance.  Through the introduction of Form 990, Schedule K (Supplemental Information on Tax-Exempt Bonds), revisions to its Voluntary Closing Agreement Program (“VCAP”) to promote the implementation of written post-issuance compliance procedures, the use of compliance check... READ MORE

On May 2, 2012, the National Association of Bond Lawyers (“NABL”) submitted suggested clarifications and changes to Revenue Procedure 97-13 (“Rev. Proc. 97-13”) to the Internal Revenue Service (the “IRS”).  These comments were prepared by a subcommittee of NABL’s Tax Committee, which subcommittee included Kendall Schnurpel of Hall Render’s Health Care and Public Finance... READ MORE

In an open letter published this week, Sen. Max Baucus (D-MT) and Sen. Orin Hatch (R-UT), the Chairman and Ranking Member of the Senate Finance Committee, called on the health care industry to provide solutions and suggestions on how to fight waste, fraud and abuse in the Medicare and Medicaid programs.  The full letter... READ MORE