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IRS Tax Pro Updates · Dec 23, 2025

News releases for frequently asked questions

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 News releases for frequently asked questions. Review and take action if applicable to your clients.

Summary

IRS updates frequently asked questions on changes to the Limitation on the Deduction for Business Interest Expense IR-2025-126, Dec. 23, 2025 — The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2025-09 regarding changes to the limitation on the deduction for bus...

Classification

Category: heads upPriority: action neededReason: Contains 'ir-20' - action may be required

Affected Groups

All tax practitioners

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

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