Limitation of Deductions for Interest Expense Impact M&A Transactions by Lewis Taub, CPA
Posted on November 03, 2021 by Lewis Taub
For tax year 2021, business interest expense deduction limitations return to their pre-COVID levels, impacting a broad range of business activities, including merger and acquisitions (M&As). Affected companies must prepare to quantify how this reduced benefit will impact their bottom lines and these transactions moving forward. Under the Tax Cuts and Jobs Act (TCJA) enacted […]