The Money Farm Team

Build America Bonds (BABs) were taxable municipal bonds that offered investors or state and local government bond issuers federal tax credits or subsidies. Build America Bonds (BABs) were created by the federal government to help local governments and counties generate much-needed funding during the recession. BABs were divided into two categories: tax credit BABs and […]

The interest on many municipal bonds issued by local and state governments, as well as some non-profits, is tax-free. As a result, investors, primarily high-net-worth individuals, are ready to lend money to issuers at a lower rate than they would if the bonds were taxable. The American Recovery and Reinvestment Act of 2009 established Build

Interest on Build America Bonds is federally taxable, unlike standard tax-exempt commitments. State and local governments that choose to issue federally taxable Build America Bonds rather than tax-exempt bonds are eligible for federal subsidies to help cover some of their borrowing expenses. Are Build America Bonds exempt from state taxes? The American Recovery and Reinvestment

The American Recovery and Reinvestment Act of 2009 created Build America Bonds (BABs), a relatively new type of taxable municipal bond. They are intended to finance state and municipal government projects that would otherwise be unaffordable, as well as to aid the economy in general. “Direct Payment” and “Tax Credit” are the two categories of

Municipal bond interest is tax-free in the United States, however there may be state or local taxes, or both. Be aware that if you receive Social Security, your bond interest will be recognized as income when determining your Social Security taxable amount. This could result in you owing more money. Municipal bond interest rates are

Municipal bond interest is tax-free in the United States, however there may be state or local taxes, or both. Be aware that if you receive Social Security, your bond interest will be recognized as income when determining your Social Security taxable amount. This could result in you owing more money. Municipal bond interest rates are

Municipal bond interest is tax-free in the United States, however there may be state or local taxes, or both. Be aware that if you receive Social Security, your bond interest will be recognized as income when determining your Social Security taxable amount. This could result in you owing more money. Municipal bond interest rates are

Municipal bond interest is tax-free in the United States, however there may be state or local taxes, or both. Be aware that if you receive Social Security, your bond interest will be recognized as income when determining your Social Security taxable amount. This could result in you owing more money. Municipal bond interest rates are

Tax-exempt status — The majority of California municipal bonds are tax-exempt, while some specialized bonds are not (all are exempt from State of California personal income taxation for California residents, however). The designation of a bond as a “tax-exempt California municipal bond” is contingent on the bond issue’s intended purpose. California municipal bonds provide a

Tax-exempt status — The majority of California municipal bonds are tax-exempt, while some specialized bonds are not (all are exempt from State of California personal income taxation for California residents, however). The designation of a bond as a “tax-exempt California municipal bond” is contingent on the bond issue’s intended purpose. California municipal bonds provide a