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IRS issues final regulations and other guidance on business interest expense deduction limitation
IRS issues final regulations and other guidance on business interest expense deduction limitation
https://www.irs.gov/newsroom/irs-issu
https://accountinginstruction.info
The Internal Revenue Service issued final regulations (PDF) regarding the provision of the Tax Cuts and Jobs Act that limits the deduction for business interest expense, including basic statutory amendments made by the CARES Act.
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By Robert (Bob) SteeleIRS issues final regulations and other guidance on business interest expense deduction limitation
https://www.irs.gov/newsroom/irs-issu
https://accountinginstruction.info
The Internal Revenue Service issued final regulations (PDF) regarding the provision of the Tax Cuts and Jobs Act that limits the deduction for business interest expense, including basic statutory amendments made by the CARES Act.