business interest expense update – The Burns Firm – Advisors of Complex Financial Matters

Update on the New Business Interest Expense Limitation

September 3rd, 2019|Categories: Burns Firm, Business, Services, Tax, Tax Planning, TCJA|Tags: business interest expense update, CPA, Dallas CPA, deductions, new business interest expense, tax, Tax planning, TCJA, The Burns Firm CPA's|

The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest expense. The IRS recently issued guidance in the form of proposed regulations. The business [...]