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CFO Series: Navigating the New Interest Expense Limitation

Overview

Are you large enough to have your interest expense limited? This session will discuss how the new 30% / 50% limit works and what happens to excess interest expense. We will examine how the new rules apply to partnerships, S and C corporations and their owners. Reporting on Form 8990 will be reviewed, as well as the 2022 problem.

In the 2021 CFO series, The Knowledge Institute has taken this popular series to a new level, collaborating with Executive Education to offer a virtual live option to enhance learning experiences.

Prerequisites

Basic working knowledge of business taxation

Objectives

After attending this presentation you will be able to...

  • Gain a better understanding of Section 163(j) and its application to business entities
  • Apply the interest expense limitation rules
  • Understand recent legislation, regulations and developments
  • Discuss planning and potential pitfalls

Highlights

The major topics that will be covered in this class include:

  • Broad definition of interest and the gross receipts test
  • Ordering rules for deductions and carryforwards
  • Application to partnerships, S corporations, C corporation and their owners
  • Electing out
  • Reporting on Form 8990
  • Recent IRS regulations, rulings and developments

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

WX20576

2 CPE Credits
Tax: 2 Credits

Registration

Member Price:
$79
Non-member Price:
$109

    Registration is open through 10/01.

    Friday, October 1st

    11:00am to 1:00pm

    Add to Calendar

    Instructor

    Douglas Van Der Aa