Arbitrage betting is a combination of making profitable wagers and capitalizing on opportunities in time. If you’re able to master these skills, then you can look forward to consistent winnings. You Can’t Rely on Finding Arbs by Yourself. Your first inclination regarding arbitrage gambling may be to try and find opportunities yourself. ARIA Resort & Casino. 1.3 miles to city center. $45 Nightly Resort Fee. As a Las Vegas resident, he enjoys finding an edge against the local sportsbooks and aims to share his extensive knowledge with both beginners and experienced bettors. Rex also dabbles in horse racing wagering and enjoys typical casino fare like blackjack and poker in his spare time. Flamingo Las Vegas Hotel and Casino is the Strip's original home of cool, a tropical oasis with a central location. Book your stay and find your paradise.

Post-issuance tax compliance related to tax-exempt bonds continues to be a priority for the IRS. Such efforts include (i) annual reporting requirements for nonprofit organizations in the form of IRS Schedule-K (Form 990) which requires detailed annual private use calculations, (ii) audits of tax-exempt bonds (including physical examination of the bond financed facilities), and (iii) enhanced information gathering through the IRS Form 8038.

The IRS has indicated that they are monitoring Schedule K returns and may base audits on information reported in such returns for nonprofit organizations. In the event of an IRS bond audit or a Schedule-K audit, it is necessary for borrowers to provide clear and convincing information to support their Schedule-K reporting.

The regulatory structure for greater scrutiny is in place, calling for tax-exempt debt issuers and borrowers to focus on post-issuance tax compliance to preserve the tax-exempt status of outstanding bonds. Issuers and nonprofit corporations need to implement a rigorous post-issuance compliance program to meet these new requirements.

WHAT SHOULD YOUR ORGANIZATION DO TO BE PREPARED?

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Issuers and borrowers of tax-exempt debt that implement a comprehensive post-issuance tax compliance program will be in a strong position to defend their position in the event of IRS scrutiny or an audit, and do so in a cost-effective manner. Four broad actions are vital to compliance:

• Establish written policies and procedures addressing post-issuance tax compliance.
• Calculate accurate percentage of private business use on all facilities financed with tax-exempt bonds.
• Retain records for all tax-exempt bond issues.
• Consider professional post-issuance tax compliance assistance.

HOW BLX CAN HELP

To assist issuers and nonprofit organizations in meeting ongoing post-issuance compliance responsibilities, BLX offers a wide range of post-issuance services, including:

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• Comprehensive review of the expenditure and use of bond proceeds
• Periodic review of all contracts, leases and arrangements with private parties relating to the use of bond financed facilities
• Annual private business use review and calculation
• Assistance with and completion of IRS Schedule-K, applicable to nonprofit corporations
• Development and review of written post-issuance tax compliance policies and procedures

Did you know there’s a way to make GUARANTEED profits when betting on sports? It seems unlikely, doesn’t it? It’s true though. There’s a strategy you can use that ensures you’ll make a profit from your wagers, regardless of what actually happens in the events you’re betting on.

This strategy is known as arbitrage betting, and it’s one of the most appealing sports betting strategies there is. Not only can it guarantee profits, it’s also pretty straightforward. There’s no real skill involved, and you don’t even need any sports knowledge. You just need to be able to spot the right opportunities to use the strategy.

Of course, you also need to need to know how and why the arbitrage betting strategy works. We cover this below, but we should make one thing very clear first. This is NOT some easy route to untold riches.

Arbitrage betting can definitely be profitable if used correctly, so we do recommend learning how to use it. It’s not without its disadvantages though. Making good money from this strategy is EXTREMELY challenging, and you’ll need to put in a lot of time and effort if you want to be successful. You’ll need to be patient too, as there are limited opportunities where arbitrage betting is effective.

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With that point made, let’s take a look at what this strategy is all about.