CPE PLUS: Overview of Tax-Exempt Financing
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Virtual
1.00 Credits
The presentation is for CPA firms who have clients that are a nonprofit organization or primarily 501c3. With these higher interest rates, a nonprofit organization can reduce the rate significantly by financing their projects w a tax-exempt Bond. These Bonds are approved by the governor and great way to discount an interest rate by 79%. Couple that with the swap presentation we did at 2024 MAP, a 7% rate can be reduced to 5%, which is a significant interest expense savings over the course of the term (10-15 years on average).
