RESEARCH MEMBERS ONLY CALL — The Muni De Minimis Trap (Friday 11/14 @ 11:00AM ET)
This Friday, November 14 at 11:00AM ET, we are hosting a live, Street Sheet Research members-only webinar with Ed Mahaffy, MBA, CFP®, ChFC, a financial advisor and subject-matter expert in municipal bond strategy.
Ed, who runs ClientFirst Wealth, Legacy & Estate Planning, will walk through one of the most misunderstood risks in the muni market right now — the de minimis tax trap — a rule most investors have never even heard of, but one that can convert what you thought was tax-exempt yield into ordinary income taxation when the bond matures, is sold, or is called.
If you bought individual muni bonds in 2022–2023 when prices were depressed and yields looked incredible, this is especially relevant. Many investors are sitting on a future tax bill they don’t know exists.
On the call we’ll cover:
• What the de minimis rule is and why almost nobody is paying attention to it
• Which types of bonds are exposed and how to identify them in your account
• A year-end swap strategy that can reduce future ordinary income exposure
• How to think about “true yield” vs. headline yield going into 2026
Format: 35–40 minutes with Ed, then live Q&A for Research members only.
A calendar invite with the video link will follow — this is just your early heads-up so you can block the time.
Street Sheet Research Live
FRIDAY, NOV 14 — 11:00 AM ET
Members-Only Access