IRS Releases Proposed Regulations and FAQ on New Business Interest Limitation

On November 26th the IRS released Proposed Regulations addressing the §163(j) business interest limitation.  This was a major provision of the TCJA.  Along with the Proposed Regulations they provided a list of FAQs explaining how the limitation works.  We will be combing through the Proposed Regulations for any new insights they provide, check back for more information.

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