Can You Deduct All Business Interest? The $31M Revenue Test & How One Big Beautiful Bill Changes It

Описание: 💡 Is your business debt actually saving you taxes? You might be surprised to learn that the IRS no longer allows every business to write off 100% of their interest expense. In this video, we break down Section 163(j), the gross receipts test, and the crucial "30% limit" that could significantly impact your bottom line in 2025.

This is SW ACCOUNTING & CONSULTING CORP. In this video, I'm breaking down Business Interest Expense Limitations in a way that's easy to understand. If you're a growing small business owner or real estate investor, you'll want to pay close attention to the Real Estate Election trade-offs we discuss.

⏰ Timestamps 00:00 Intro: The "Big Beautiful Bill" 00:32 The Reality Check: Can you deduct all interest? 01:10 What is Section 163(j)? 01:48 The Small Business Exemption ($31M Threshold) 02:38 Real Estate & Farming: The Election Trade-off 03:26 Calculating the Limit: The 3-Part Formula 04:06 Understanding "ATI" (Adjusted Taxable Income) 04:46 How the Rules Have Changed (2017-2025) 05:28 The Silver Lining: Carryforward Rules 06:19 Strategic Planning for the Future

✅ About Us SW ACCOUNTING & CONSULTING CORP is a California-based CPA firm providing comprehensive accounting and tax solutions for businesses and individuals. As CPAs licensed in both California and South Korea, we offer expert, bilingual (English & Korean) guidance on federal/state tax, audit, payroll, and more.

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⚠️ Disclaimer The information provided in this video is for general informational purposes only and does not constitute professional legal or financial advice. You should consult with a qualified professional for advice tailored to your specific situation.

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