Municipal bonds come in two forms:general obligation (GO) bondsandrevenue bonds. Both are tax-exempt. Although the latter is far more common, the former is much safer. GO bonds use taxes (primarily property taxes) to pay bondholdersinterestand eventually pay back theirprincipal. Revenue bonds ...
Not Always Tax-Free: 7 Municipal Bond Tax Traps February 27, 2024 Cooper Howard Although municipal bonds pay interest that is generally exempt from federal and state income taxes, it's not always free from all taxes. Investors often think of municipal bonds, which are sold by local and...
6 TYPES OF TAX-EXEMPT MUNICIPAL BONDS Municipal securities consist of both short-term issues (often called notes, which typically mature in one year or less) and long-term issues (commonly known as bonds, which mature in more than one year). Short-term notes are used by an issuer to ...
Ronald P. BernardiPresidentBernardi SecuritiesInc
We guarantee a wide range of municipal bond types supported either by tax revenues or revenues from essential public projects or services. We insure both tax-exempt and taxable municipal bonds.Our U.S. insurance subsidiary, Assured Guaranty Inc. (AG) employs disciplined underwriting and risk ...
They are tax-exempt while corporate bonds are not; and They may have several maturity dates instead of just one while corporate bonds typically have a single maturity date. Municipal bonds also differ from Treasury bonds in that they have a significant credit risk while Treasury bonds are ...
Both general obligation bonds and revenue bonds are tax-exempt and low-risk, with issuers very likely to pay back their debts. Buying municipal bonds is low-risk, but not risk-free, as the issuer could fail to make agreed-upon interest payments or be unable to repay the principal upon mat...
Office:Morgantown, WV (O):304.284.4146 (F):304.284.4140 maimbrogno@jacksonkelly.com Overview The Jackson Kelly Municipal and Tax-Exempt Bonds practice group focuses on tax exempt and taxable municipal bonds and related governmental and economic development financings. Our attorneys serve as bond ...
The GMS GROUP specializes in tax-free municipal bonds with over 40 years of experience. Servicing all of tax-free municipal bond investor's needs.
Tax-exempt muni bonds hold numerous advantages over corporate bonds—a big one is that the interest investors earn is exempt from federal taxes and most state and local taxes, considered tax-free income. Munis are also known to have low default rates, help offset equity volatility and add stab...