Overall Limitation on Deductions (I.R.C. 68)

Read the following for a good description of the Pease limitation on deductions established under I.R.C. 68: https://www.scottkays.com/article/2015/04/09/pease-limitation-explained

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: