A Comprehensive Solution to Manage 8038-CP Filings and Claim Credit Payments for Tax Exempt Bonds
- Easy and secure filing process
- Built-in error checks and instant status updates
- Automated claim reminders
IRS Authorized Provider
SOC 2 Certified
24/7 Customer Support
IRS Authorized Provider
SOC 2 Certified
24/7 Customer Support
Clients We Serve
A Reliable Solution Across Industries
Financial Institutions
Organizations such as banks, credit unions, and investment firms that manage financial transactions, and monetary services.
Educational Institutions
Institutions such as schools and state universities whose primary objective is providing formal education and training activities.
Government Entity
State or local governmental entities such as Cities, counties, states, municipalities, and other political subdivisions.
Nonprofit Organizations
Entities that are organized and operated to further social, charitable or other exempt purposes without seeking profit.
Qualified Tax Exempt Bonds for Credit Claims
| BAB | Build America Bonds |
|---|---|
| RZEDB | Recovery Zone Economic Development Bonds |
| QECB | Qualified Energy Conservation Bonds |
| QZAB | Qualified Zone Academy Bonds |
| NCREB | New Clean Renewable Energy Bonds |
| QSCB | Qualified School Construction Bonds |
Services We Offer
An Intuitive Cloud-Based Software to Meet Your 8038-CP Filing Needs
TaxExemptBonds Manager
Easily manage 8038-CP filings for tax-exempt bonds across multiple entities in one place. Enter bond details once, then auto-generate 8038-CP forms for future claims with just a few clicks.
Automated Reminders
Specify the interest payment frequency for each bond and our system will send you automated reminders when your 8038-CP is due for each interest payment.
Quick E-file Form 8038-CP
We offer a ‘Quick File’ option that allows you to directly fill out Form 8038-CP, review the details, and transmit it to the IRS.
Annual Pricing Options
Lock in our services and this year’s pricing with the annual contract option, ensuring a seamless filing process.
Our Process
Experience Seamless 8038-CP Filing With TaxExemptBonds
Prepare
- Easily add your bonds and input all necessary details for your 8038-CP.
- Ensure all required information is entered accurately with built-in validations, reducing the risk of rejections.
E-File
- Submit your 8038-CP electronically to the IRS and claim your credit payment on time.
- Our streamlined e-filing process minimizes errors and ensures compliance, making the submission process quick and efficient.
Manage
- Effortlessly track and manage your 8038-CP returns securely.
- Monitor statuses, get reminders for due dates, and ensure everything is up-to-date in one centralized space.
Our Pricing
Simple & Transparent Pricing for Your 8038-CP Filing Needs
- Include 8038-CP Schedule A at no additional cost
- Ensure accuracy with built-in validations
- Retransmit your rejected 8038-CP return for free
$79.90/form
Ready to file your 8038-CP?
Our Pricing
Simple & Transparent Pricing for Your 8038-CP Filing Needs
- Include 8038-CP Schedule A at no additional cost
- Ensure accuracy with built-in validations
- Retransmit your rejected 8038-CP return for free
$79.90/form
Ready to file your 8038-CP?
Our Features
Managing Bonds and E-filing 8038-CP Has Never Been This Simple!
Intuitive, Secure & Accurate
- User-Friendly Interface - Our software offers an intuitive experience, enabling easy navigation and simplifying the e-filing of your 8038-CP returns.
- Internal Audit Check - Our internal system automatically validates your 8038-CP for accuracy based on IRS Business Rules.
- Sandbox Environment - We offer a secure sandbox environment that you can use to test our application.
Flexible Options to Meet E-filing Needs
- Free Schedule A - Get your Schedule A included for free based on the data you entered on Form 8038-CP.
- E-Signing Options - Paid preparers and EROs can easily e-sign 8038-CP forms using 8453-TE & 8879-TE respectively.
- Amendments - If you need to make changes to the previously filed 8038-CP (final return), you can file an amendment.
- Free Retransmission - If your 8038-CP is rejected by the IRS, you can fix the errors and retransmit it at no extra cost.
Modernized Tools for Seamless Collaboration
- Reviewers and Approvers - Provide a secure portal for your clients or your organization’s higher authorities to review and approve your 8038-CP Forms.
- Team Management - Invite your team members, assign them roles, and let them manage your bonds and the associated 8038-CP filings.
- Reports - Use our system-generated reports to get detailed insights on your filings and make informed decisions.
Data Security is Our Top Priority!
- We are SOC-2 certified and have all the necessary security protocols in place.
- All sensitive information is safeguarded by TaxExemptBonds, ensuring a secure filing process.
Testimonials
Learn Why Our Clients Trust TaxExemptBonds
I used your system for the first time, and I am impressed with how easy it was. My overall experience with your website is good, and it is fairly easy to understand with quite a few helpful options.
Charline P M
Washington
Love using this site so much! It's more convenient and user-friendly than navigating the ever-changing government sites.
Tricia Tulak
Georgia
First time filing electronically. I had prepared it manually before filing, which made it quicker and easier for me. Loved the audit feature as it helped me make sure I hadn’t completed something incorrectly. Everything worked out great!
Penny D J
California
I am very happy with the site and the ease of use. Customer service has been great. Thank you!
Valerie P
Massachusetts
Only called once before using the software, but I got a real live person who was well-spoken and answered my questions immediately. Uncommonly rare these days. Excellent experience.
Sandra T
Texas
This was a positive experience. The screens were easy to use and complete. Instructions were to the point and helpful. I would recommend this product.
H Michael Luft
New York
Great! User-friendly, and the access to form instructions saves a LOT of logging on the IRS website and searching for the correct form. I am a retired CPA with 43 years of tax prep and review work, and based on my first exposure, this is a great product!
David H
Tennessee
Excellent. The treasurer of our business passed away and everything was connected to his name and email. With his password, I was able to get into the system and get it switched. Easy and thankful for such an easy filing process.
Stephene Chapman
Michigan
The process was quick, easy, and secure, and the site is professionally tailored!
Mark and Susan L
New York
I used your system for the first time, and I am impressed with how easy it was. My overall experience with your website is good, and it is fairly easy to understand with quite a few helpful options.
Charline P M
Washington
Love using this site so much! It's more convenient and user-friendly than navigating the ever-changing government sites.
Tricia Tulak
Georgia
First time filing electronically. I had prepared it manually before filing, which made it quicker and easier for me. Loved the audit feature as it helped me make sure I hadn’t completed something incorrectly. Everything worked out great!
Penny D J
California
I am very happy with the site and the ease of use. Customer service has been great. Thank you!
Valerie P
Massachusetts
Only called once before using the software, but I got a real live person who was well-spoken and answered my questions immediately. Uncommonly rare these days. Excellent experience.
Sandra T
Texas
This was a positive experience. The screens were easy to use and complete. Instructions were to the point and helpful. I would recommend this product.
H Michael Luft
New York
Great! User-friendly, and the access to form instructions saves a LOT of logging on the IRS website and searching for the correct form. I am a retired CPA with 43 years of tax prep and review work, and based on my first exposure, this is a great product!
David H
Tennessee
Excellent. The treasurer of our business passed away and everything was connected to his name and email. With his password, I was able to get into the system and get it switched. Easy and thankful for such an easy filing process.
Stephene Chapman
Michigan
The process was quick, easy, and secure, and the site is professionally tailored!
Mark and Susan L
New York
FAQs
Frequently Asked Questions
What Tax Exempt Bonds are eligible for credit payments?
- Build America Bonds (BAB)
- Recovery Zone Economic Development Bonds (RZEDB)
- New Clean Renewable Energy Bonds (NCREB)
- Qualified Energy Conservation Bonds (QECB)
- Qualified Zone Academy Bonds (QZAB)
- Qualified School Construction Bonds (QSCB)
Note: Credit payments can be claimed only for bonds issued between 2009 and 2017
Who are the qualified issuers of Tax Exempt Bonds?
- State or Local Governmental Entities Cities, counties, states, municipalities, and other political subdivisions.
- Issuers Authorized by Governmental Entities Entities that obtained authorization from the state or local government to issue bonds.
- Certain Nonprofit Organizations A few nonprofits may also be eligible to issue direct pay Tax Exempt Bonds.
- Other Qualifying Entities Certain other entities may also be qualified to issue Tax Exempt Bonds.
When is the due date for claiming tax credit using Form 8038-CP?
Typically, the deadline to file Form 8038-CP varies based on the interest type of the bond.
| Fixed Rate Bonds | Variable Rate Bonds |
|---|---|
For these types of bonds, Form 8038-CP should be filed between 45 days and 90 days before the date when the relevant interest was paid. | If the issuer knows the interest payment amount 45 days - Form 8038-CP must be filed between 45 days and 90 days before the date when the relevant interest was paid. If the issuer doesn’t know - Form 8038-CP must be filed within 45 days from the last interest payment date of the quarter. |
