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IRS Updates FAQs on Interest Deductibility for New Law’s Changes

The IRS updated its list of answers to frequently asked questions on the limitation on business interest deductibility to address changes made by the GOP’s giant tax-and-spending law this summer.

The IRS updated its list of answers to frequently asked questions on the limitation on business interest deductibility to address changes made by the GOP’s giant tax-and-spending law this summer.
The agency provided new or updated answers Tuesday add… [434 chars]

Source: Bloomberg Tax News | Published: 2025-12-23T16:56:27Z

Credit: Bloomberg Tax News

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