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>> Congress failed to extend a key tax provision last year allowing companies to fully expense research & development costs in the year incurred, a blow to big
by phkahler 4y ago
>> Congress failed to extend a key tax provision last year allowing companies to fully expense research & development costs in the year incurred, a blow to big corporations that had lobbied for it.
OK, so what is it?
- aarondf 4y agoLike the quote above says, it's about expensing costs. It has nothing to do with credits. R&D credits are a thing, but a thing we are not talking about!