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US companies recently faced changes to Section 174 of the IRS tax code. While there is effort to reverse this, there seems to be a lot of struggle in corp. Amer
by dubyabee2 2y ago
US companies recently faced changes to Section 174 of the IRS tax code. While there is effort to reverse this, there seems to be a lot of struggle in corp. America how to deal with the changes. Ref: https://www.claconnect.com/en/resources/articles/2023/a-costly-situation-for-businesses-section-174-capitalization-is-here https://www.claconnect.com/en/resources/articles/2023/a-cost... This makes it more challenging for US companies to hirer developers and plan out projects.