We’re Here for You!
We provide education and bond compliance services for public entities including cities, counties, hospitals, water districts, schools and any public organization that uses bonds. Budgets are tight right now, and we understand that. Just know that we’re equipped to do the best possible work for you and your organization! Our rates are competitive and our bond compliance services are unparalleled. Learn more below about who we serve!
Our Service Focus
Over 59,000 Calculations Completed Since 1986
Cities & Towns
Schools & Universities
Counties
States & Agencies
Housing
Healthcare
Why So Many Municipalities Choose ACS
The calculations behind bond rebates are technical and complicated. The IRS has not made it easy for the average person to handle them, and this is by design! Our arbitrage rebate calculation services are second to none.
Here’s what can happen if your rebate gets miscalculated:
• You may find yourself on the wrong side of the IRS’s wrath
• Future bond eligibility will be severely limited
• Lose your tax-exempt status
• Your organization can lose a great deal of money
Placing your trust in Arbitrage Compliance Specialists means partnering with a group of arbitrage experts who know how to avoid these potential nightmares. We’ll keep you compliant and in the good graces of the IRS.

Developing a Lasting Partnership
Because we’re committed to excellence in everything we do, we seek to build client relationships that last. You have many choices for your bond compliance calculations and reports, and we are honored when you choose us. We’ll work diligently with you as long as your bond is maturing!
We provide unparalleled support from our network of bond specialists. CPAs, attorneys, bond experts and financial experts may be the titles we carry, but we’re more than that. We take your business personally. Your money and your taxes matter to you, therefore, they matter to us, too!
FAQs
What types of municipalities does ACS serve for arbitrage rebate needs?
ACS serves a wide range of municipalities, including cities and counties, with comprehensive bond compliance services like rebate calculations and yield restriction. Our expertise helps these local governments maintain tax-exempt status and avoid financial risks on public infrastructure bonds.
Does ACS provide arbitrage rebate services to water, sewer, and wastewater districts?
Yes, we offer arbitrage rebate calculations and bond compliance services to water districts, water and sewer districts, and wastewater districts nationwide. We help these utility districts maintain IRS compliance on tax-exempt bonds for infrastructure projects like water treatment and distribution systems.
How does ACS assist schools and educational institutions with bond compliance?
For schools, school districts, and higher education institutions, ACS handles arbitrage rebate computations, Form 8038 filings, and compliance training. We help educational issuers nationwide manage bond proceeds efficiently, minimizing liabilities and ensuring funds are used effectively for facilities and programs.
Does ACS offer bond compliance services to hospitals and healthcare entities?
Yes, ACS provides arbitrage rebate and yield restriction services to hospitals and healthcare districts across the U.S. We ensure accurate calculations and offer post-issuance compliance monitoring to protect tax-exempt financing for medical facilities, equipment, and expansions.

