After two failed attempts, a bipartisan effort is being made to remedy the issues caused by US tax law Section 174, which forces amortization of software labor (Kia Kokalitcheva/Axios)
After two failed attempts, a bipartisan effort is being made to remedy the issues caused by US tax law Section 174, which forces amortization of software labor — The Tax Cuts and Jobs Act of 2017 is impacting some startups' tax bills, thanks to a provision that changes how R&D costs are deducted.
from Techmeme https://ift.tt/OZqJpuP
After two failed attempts, a bipartisan effort is being made to remedy the issues caused by US tax law Section 174, which forces amortization of software labor (Kia Kokalitcheva/Axios)
![After two failed attempts, a bipartisan effort is being made to remedy the issues caused by US tax law Section 174, which forces amortization of software labor (Kia Kokalitcheva/Axios)]()
Reviewed by swadu
on
January 20, 2024
Rating:
No comments: