KPMG Outlines the Republican Blue Print for Tax Reform - Business Interest Deductions in Trouble!

Nov 30th, 2016

KPMG outlines the proposed tax reform blue print from the House Ways and Means Committee and business interest deductions are explicitly on the chopping block in favor of a new investment expensing concept. Crazy to think that Congress would get rid of a tax provision that is as old as the income tax code itself in favor of an experiment that will be reversed within then next 4-8 years. https://home.kpmg.com/xx/en/home/insights/2016/11/tnf-tax-agenda-2017.html