New Law, New Limit on Deductions for Business Interest Expense

July 27, 2018
business interest

The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on business interest expense deductions.

The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest expense. This is a permanent change for tax years beginning in 2018 and beyond. Will your business be affected? Here’s what you need to know. Read more