3 ms·
> The vast majority of tech workers laid off in the last two years didn't work in research and development. I bet they were classified as R&D for accounting pu
by mywittyname 1y ago
> The vast majority of tech workers laid off in the last two years didn't work in research and development.
I bet they were classified as R&D for accounting purposes. Product development largely falls into R&D - it doesn't matter what the product being developed is for.
Every job I had at a megacorp was classified as R&D, and I know because I had to track hours against such.
- demosthanos 1y ago> I bet they were classified as R&D for accounting purposes. It's not just that. Section 174 now explicitly calls out Software as always being an R&D expense: > (3) Software development > For purposes of this section, any amount paid or incurred in connection with the development of any software shall be treated as a research or experimental expenditure. https://www.law.cornell.edu/uscode/text/26/174 https://www.law.cornell.edu/uscode/text/26/174