Eric Yauch discusses a provision of the Tax Cuts and Jobs Act that hasn't received a lot of attention: section 461(l), which caps excess business losses at $250,000 for individuals and $500,000 for joint filers.For more coverage in Tax Notes, see:New Loss Limitation Is on Government’s RadarNew Loss Limitation Hard to Calculate, Interpret With Other RulesWe want to hear from you, our listeners! To fill out a short, two-minute survey, visit taxnotes.co/podcastsurvey.