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Journal of Accountancy · Recently

IRS updates FAQs on business interest limitation, premium tax credit

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 IRS updates FAQs on business interest limitation, premium tax credit. Review and take action if applicable to your clients.

Summary

The updates reflect changes made in H.R. 1, P.L. 119–21, commonly known as the One Big Beautiful Bill Act.

Classification

Category: heads upPriority: action neededReason: Contains 'big beautiful bill' - 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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