3 ms·
The problem is this accounting change brings no additional dollars to the government coffers. All it does is frontloads the money. So if your company lasts bey
by addicted 2y ago
The problem is this accounting change brings no additional dollars to the government coffers.
All it does is frontloads the money. So if your company lasts beyond 3 years you’re in basically the same position. But those first 3 years you’re far worse off. And the government makes no additional money either because the same amount is deducted, just over 3 years instead of 1.
- jncfhnb 2y agoFront loading is a form of getting additional money because of interest Second, any startup that shuts down will never pay the taxes on the revenue they earned but nullified with expensed product building costs.