Scacpa's Weekly Federal Tax Update

Lynn Nichols Federal Tax Update Podcast April 2, 2018, edition   Listen as Lynn Nichols provides commentary on 10 Items pertaining to current developments in U.S. tax law. This week’s topics include: OUR PROGRAM THIS WEEK INCLUDES . . . . . . Economic Analysis: A Spreadsheet to Calculate the New Passthrough Deduction In economic analysis, Martin A. Sullivan discusses the difficulties new section 199A presents to owners of passthrough businesses. [Tax Notes Today; 4/2/2018; Article by Martin A. Sullivan]   Interest Deductibility Guidance Settles Unanswered Questions The IRS released expected initial guidance on business interest expense limitations that address several questions for which practitioners had been clamoring for answers since the new tax law was enacted, but they yearn for more. [Tax Notes Today; 4/3/2018; Article by Emily Foster] IRS Issues Guidance on Business Interest Expense Limitations The IRS has issued guidance describing regulations that it intends to issue to help taxpayers comply