The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

If you take a loan to buy investment assets, any interest that you pay on that loan is called an "investment interest expense." Under some circumstances, the IRS allows you to deduct investment ...

Learn about business interest expense, its tax deductibility, and implications under current U.S. tax laws for businesses.

Interest expense, net income, and EBIT are three related financial metrics that all have to do with the profitability of a company. Here's what you need to know about calculating each one, and how ...

Clarifying that business interest expense subject to Sec. 163 (j) includes any interest incurred and capitalized during the tax year, except for interest capitalized under Secs. 263 (g) and 263A (f); ...

Yes, within limits. Because of the substantial tax benefits that can result when a taxpayer’s interest expenses are large compared to the amount of income realized from the investments at issue, ...

As part of the Tax Cuts and Jobs Act, Congress limited the amount of net interest a business could deduct against its taxable income to 30 percent of adjusted taxable income. From 2018 to 2021, ...

The Federal Reserve's campaign to rein in inflation by ratcheting up interest rates in 2022 and 2023 also hurt the central bank's own earnings in 2023. The sum of expenses in 2023 exceeded earnings by ...

Learn how construction interest expense impacts your finances, featuring definitions, examples, and tax implications for construction loans and long-term business assets.

An accrual has occurred but has not yet been paid for. This can include work or services that have been completed and considered accrued expenses. Interest that has been charged or accrued but not yet ...

The Federal Reserve’s expenses exceeded its earnings in 2023 by $114.3 billion, its largest operating loss ever, forcing the US central bank to forgo remittances to the Treasury as interest rates ...