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: 420
  • 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: 361
  • 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: 387
  • 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: 366
  • 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 Team Welcomes Mia Barthel, Newest Staff Member
Alex Yiannoutsos
/ Categories: News, News & Alerts, Grants

TFG Grants Team Welcomes Mia Barthel, Newest Staff Member

Mia will support TFG Grants services to prepare client projects to the highest standards and secure competitive funding.

WASHINGTON D.C. – TFG,LLC (TFG) is pleased to welcome Mia Barthel as Grants Analyst/Researcher to support the rapidly growing TFG Grants team in all aspects of the federal funding process. Based in Boise, Idaho, Mia was previously a Grant Writer for Jesse Tree of Idaho where she developed grant proposals for over 40 of the nonprofit’s federal government, foundation, and corporate sponsors. She was also responsible for the research, development, and submission of over 100 grants and raised $2 million in funding for eviction and homelessness prevention initiatives.

“We’re so happy to have Mia on our team,” said Heidi Schott, TFG Grants Director. “Her experience and passion for environmental justice – which is currently a focus area for federal legislative and grant opportunities - combined with her interest the federal grant process makes her an excellent resource to our clients.”

TFG Grants provides a full suite of grant services including but not limited to project development and readiness, grant training, grant project advocacy, grant writing, and project specific grant research and funding strategy. Since 2015, TFG has helped our clients secure over $3 billion in competitive federal, state, and foundation funding, not including congressionally directed spending projects. Recent passage of several federal funding packages including the Inflation Reduction Act (IRA), the Infrastructure, Investment and Jobs Act (IIJA), and the American Rescue Plan Act (ARPA) provide communities new and expanded opportunities to fund their projects. Mia will support TFG Grants services to prepare client projects to the highest standards and secure competitive funding.

Prior to joining TFG, Mia interned as a Sustainability Consultant and as a Transportation and Mobility Intern. She is particularly focused on environmental justice and has a B.S. in Environmental Studies from Boise State University.

For more information about TFG, please visit our website at www.thefergusongroup.com.

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