Tag: business_taxation

IRS Unveils New Look-Back Interest Calculator for Long-Term Contracts

29 May 2026 11:08 a.m.

The IRS launched an Excel-based calculator to help businesses and tax professionals compute look-back interest for long-term contracts, aiming to simplify compliance with Form 8697 requirements and enhance taxpayer service.

Politics and Government Business Science & Technology Federal Government Legal Computers and Internet Economy IRS Tax Calculator Look-Back Interest Long-Term Contracts Business Taxation Tax Compliance Form 8697