This new tax law is a disaster! It's going to make things so much harder for small businesses like mine. I can't believe they passed this crap. #EBITDA #taxes #disappointed
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The bill, titled "To amend the Internal Revenue Code of 1986 to repeal the modification of the definition of adjusted taxable income for purposes of the limitation on business interest," was introduced in the 119th Congress under the designation H.R. 8101 on March 26, 2026. It aims to repeal the modification of the definition of adjusted taxable income for the purpose of limiting business interest. The specific provisions or directives beyond this repeal are not detailed in the provided context.
How will this impact me? ✨
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