Expertise
IRS and U.S. Treasury Regulations
Post-issuance Compliance:
- Bond Yield
- Arbitrage Rebate Calculations
- Yield Reduction Training
Kim A. Hoyt
President
As President and owner of Bingham since 1996, Kim is a recognized expert in the arbitrage compliance field. With an extensive accountant and analyst background in the banking industry, Kim provides the leadership that has earned Bingham a reputation for expertise and excellence in arbitrage rebate services.
Kim has in-depth knowledge of all current IRS arbitrage rebate tax rules and regulations. With the evolution of U.S. Treasury regulations, she has effectively guided Bingham’s account managers and staff through the resulting changes to post-issuance compliance. She maintains strong relationships with corporate trust banks, bond attorneys, and financial advisors to provide quality consultation on matters relating to verification service, post-issuance compliance, arbitrage rebate, and related IRS forms.
Kim provides oversight and support to the Bingham team in verification of calculations and reports. Her close scrutiny of the complex details of arbitrage rebate ensures regulatory compliance and precision reporting for every client.
As an active participant in financial conferences and seminars nationwide, Kim conducts specialized training and seminars for clients and the public finance industry on post-issuance compliance topics such as bond yield, arbitrage rebate calculations, yield reduction, and recordkeeping. She has presented sessions with representatives from the IRS Tax-Exempt Bond (TEB) compliance group.
Kim maintains a Preparer Tax Identification Number in order to sign IRS Tax Forms 8038-T for payments and 8038-R for overpayment refunds.
Professional Memberships
GFOA - National, Virginia, Georgia, Louisiana, North Carolina, Maryland
National Association of Bond Lawyers
Women in Public Finance (Virginia and Louisiana Chapter)
B.S. Accounting – Pennsylvania State University