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IRS News Release: IRS Updates FAQs Regarding Changes to the Deduction for Business Interest Expense

The IRS has updated the frequently asked questions regarding changes to the limitation on the deduction for business interest expense under the One Big Beautiful Bill. The updates address amendments …

The IRS has updated the frequently asked questions regarding changes to the limitation on the deduction for business interest expense under the One Big Beautiful Bill. The updates address amendments effective after Dec. 31, 2024, including allowing t… [466 chars]

Source: Bloomberg Tax News | Published: 2026-01-07T18:25:49Z

Credit: Bloomberg Tax News

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