1. Sec. 163(j) planning considerations.
- Author
-
Georgiev, Miroslav, Shores, St. Clair, and Montefiori, Marco
- Subjects
Exceptions (Law) -- Laws, regulations and rules ,Small business -- Taxation -- Laws, regulations and rules ,Tax exemption -- Laws, regulations and rules ,Tax planning -- Laws, regulations and rules ,Taxable income -- Laws, regulations and rules -- Remedies ,Interest deductions -- Laws, regulations and rules ,Expense deductions -- Laws, regulations and rules ,Government regulation ,Small business ,SOHO ,Tax Cuts and Jobs Act of 2017 ,Internal Revenue Code (I.R.C. 163(j)(3)) (I.R.C. 448(a)(3)) (I.R.C. 448(c)(2)) - Abstract
In 2017, as part of the law known as the Tax Cuts and Jobs Act, P.L. 115-97, Congress significantly restricted the ability to deduct business-related interest expense with the amendment [...]
- Published
- 2024