IRS Updates Business Interest Deduction Guidance Following Tax Law Changes

Revised FAQs for the business interest deduction explain changes to adjusted taxable income, floor plan financing, ...
Nasdaq

What Is the Investment Interest Expense Deduction?

If you take a loan to buy investment assets, any interest that you pay on that loan is called an "investment interest expense." Under some circumstances, the IRS allows you to deduct investment ...
American Enterprise Institute

The Treatment of Business Interest Expense in the TCJA

As part of the Tax Cuts and Jobs Act, Congress limited the amount of net interest a business could deduct against its taxable income to 30 percent of adjusted taxable income. From 2018 to 2021, ...
The Business Journals

With the appropriate planning, PE groups might avoid a tax liability spike from interest expense deduction limits

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. For the 2022 tax year and beyond, companies face new, more ...
Houston Chronicle

How to Calculate the Interest Expense With Net Income and EBIT

Interest expense, net income, and EBIT are three related financial metrics that all have to do with the profitability of a company. Here's what you need to know about calculating each one, and how ...
American Enterprise Institute

The Treatment of Business Interest Expense, the Trilogy

In a letter to the editor (“The Treatment of Business Interest Expense, Continued,” Tax Notes Federal, May 17, 2021, p. 1074), George Callas addresses a few points I made in a recent article (Kyle ...