Revisiting Business Interest Elections After OBBBA   New

OBBBA changed the math on prior business interest elections. Elections that once helped clients deduct interest may now block valuable bonus depreciation opportunities. Learn how Rev. Proc. 2026-17 gives eligible taxpayers a limited do-over, and how to spot when withdrawing a prior Sec. 163(j)(7) election could help clients unlock better tax results.

Materials used for this course were supplied by Spidell's Federal Taxletter.

This overview course may be appropriate for professionals at all organizational levels.

CeriFi CPEdge is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.

At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).