NEW TAX RULES | FEDERAL INTEREST RATES | SALE-LEASEBACKS

New Tax Rules New provisions restrict the deductibility of business interest for companies with gross receipts in excess of $25 million. Now interest totaling just 30 percent of earnings before taxes, depreciation and amortization can be deducted on taxes. [2] Federal Interest Rates The Fed’s next policy meeting is scheduled for June 12-13 and [...]