IRS Continues Compliance Check Questionnaire Program With Submission of Questionnaires to Issuers of Qualified School Construction Bonds

    May 2012
    The IRS recently sent compliance check questionnaires to 11 randomly selected issuers of qualified school construction bonds (QSCBs). A continuation of an IRS program begun in 2006, the IRS considers this a cost-effective approach to collect data on compliance and screen for issues that might warrant further examination. Unlike prior questionnaires, responses must be submitted online. If you need any assistance complying, please contact your principal Squire Sanders lawyer or any our public finance lawyers.