The American Institute of CPAs testified Wednesday during an Internal Revenue Service hearing on proposed regulations for implementing the limitation on the deduction for business interest expense ...

In long-awaited guidance on Section 163(j) post-tax reform, the Treasury and IRS present taxpayers with an expansive definition of “interest,” subjective anti-abuse rules, complex computational ...

Some taxpayers might choose not to rely on the proposed regulations, particularly if certain requirements of the proposed regulations provides for unfavorable results that might be avoided. The TCJA ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, ...

The Internal Revenue Service recently updated guidance in Fact Sheet FS-2025-09 (Fact Sheet) to address changes to the limitation on business interest expense deductions under Internal Revenue Code ...

If you borrow money to buy investment assets, the IRS will sometimes allow you to deduct the loan’s interest from the taxable income the investments generate. This is called the investment interest ...

If you borrow money to buy investment assets, the IRS will sometimes allow you to deduct the loan’s interest from the taxable income the investments generate. This is called the investment interest ...