Increased Costs of Municipal Financing

Unintended Consequences of the Tax Cuts and Jobs Act

As you know, both corporate and individual tax rates were reduced in last year’s Tax Cuts and Jobs Act. Lower tax rates make tax-exempt vehicles like municipal bonds less attractive to both corporate and individual investors; with lower tax rates, they have less incentive to look for tax-exempt investments. Reduced demand for municipal bonds and other tax-exempt investment vehicles like private activity bonds (PABs) means that cities will have to increase the interest rates on new bond issues in order to attract investors.

Update on Municipal Bonds

HQLA; Tax Exempt Munis May Still Be At Risk

  • 23 March 2018
  • Author: Aindriu Colgan
  • Number of views: 707
  • 0 Comments
With the omnibus having been passed by Congress, substantive legislative work will wind down until after the elections in November. There are, however, a few outstanding tax/financial issues to note.

Online Sales Tax Update

Congress Remains Stalled

  • 22 March 2018
  • Author: Aindriu Colgan
  • Number of views: 579
  • 0 Comments
Despite a strong last minute effort, Rep. Kristi Noem (R-SD) did not succeed in getting her Remote Transactions Parity Act (RTP) into the omnibus package passed today by the House and expected to be passed by the Senate by Friday.

Tax Extenders Face Scrutiny at Ways and Means Hearing

  • 15 March 2018
  • Author: Aindriu Colgan
  • Number of views: 603
  • 0 Comments
Yesterday, the House Ways and Means Subcommittee on Tax Policy held a seven-hour, 4 panel hearing on the fate of tax extenders—temporary tax extenders like those for biofuels or short-line railroads. While they were just extended retroactively for 2017, they have again expired and currently are not available for 2018.

IRS Issues Additional Partnership Audit Guidance

  • 5 February 2018
  • Author: Aindriu Colgan
  • Number of views: 683
  • 0 Comments

As part of their ongoing implementation of the partnership audit system created by 2015's Balanced Budget Act, the IRS has again released guidance on how partnerships can pay adjustments after an audit.


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TFG Grants Invests in Data Innovation, Hires New Grants Data Analyst Zachary Hancock
Alex Yiannoutsos
/ Categories: News, News & Alerts

TFG Grants Invests in Data Innovation, Hires New Grants Data Analyst Zachary Hancock

Zachary supports TFG Grants clients with innovative data management and technology services.

SALT LAKE CITY, Utah – The TFG Grants Team is pleased to welcome Zachary Hancock as a Grants Data Analyst. TFG created this new role to further invest in the team’s data management capacity and utilize rapidly evolving technologies such as A.I. to enhance client services.

"We’re so excited to have Zachary join our team as a Grants Data Analyst," said Kristi More, Managing Partner of Strategic Development and Grants. “TFG has been at the forefront of innovative approaches to securing federal funding for decades. We built eCivis, advanced grants management software, in the early 2000s and continue to invest in approaches that will help our clients reach their funding goals. Zachary is an important addition to our team.”

"I’m excited to join the TFG Grants Team and eager to use my background in data management to support communities reach their goals," said Zachary.

Prior to joining TFG, Zachary worked closely with the analytics and IT department at Select Portfolio Servicing – a mortgage servicing company – as a data analyst. In that role, he helped redevelop and validate internal models used to predict and perform mortgage modifications.

Zachary received his Bachelor of Science in Economics from Brigham Young University.

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Latest TFG News

A Message from Roger Gwinn on the Passing of Congressman Doug LaMalfa 7 January 2026

A Message from Roger Gwinn on the Passing of Congressman Doug LaMalfa

WASHINGTON, D.C. – TFG CEO, Roger Gwinn, released the following statement regarding the passing of Congressman Doug LaMalfa.

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Jess Kennedy

Jess Kennedy

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