OrbitaxU.S. IRS releases New Look-Back Interest Calculator for Long-Term Contracts
|Approved Changes|United States
The U.S. IRS has announced the release of a new look-back interest calculator for long-term construction and manufacturing project contracts.
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IRS releases new look-back interest calculator for long-term contracts
WASHINGTON — The Internal Revenue Service today announced the release of a new calculator to help businesses working on large, multi-year construction or manufacturing projects more easily figure interest related to those contracts.
"The IRS is focused on improving and enha…