August 13, 2025 | By Eric Lucas, Complex Tax Accounting Methods and Elections Leader There is a time sensitive opportunity to reduce the limitation on deducting interest expense under section 163(j). For taxable years that begin before January 1, 2026, a taxpayer may elect to capitalize interest expense to inventory, machinery and other tangible property under […] The post 2024–2025 Tax Alert: Use Elective Interest Capitalization to Minimize 163(j) Limitations Before 2026 appeared first ...
