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November 19, 2020  |  In Accounting, Bookkeeping, Business Tips

Deduction Limitations on Business Interest Expense: Final Regulations Are Released

Treasury and the IRS recently released final regulations under Section 163(j) of the Tax Code, which relates to limitations on the deduction of business interest expense. This section was revised as part of the 2017 Tax Cuts and Jobs Act (TCJA) and was further modified as part of the CARES Act provisions. Background As part […]

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