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And also the section 174 change too, which suddenly increased the tax bill for any companies doing software development.
by kccqzy 8mo ago
And also the section 174 change too, which suddenly increased the tax bill for any companies doing software development.
- candiddevmike 8mo agoThat has been undone now, though.
- t-writescode 8mo agoHas it? I haven’t seen anything about that.
- stock_toaster 8mo agoI thought it was mostly rolled back for domestic R&D as part of the terribly named OBBBA. [1]: found a ref https://www.bnncpa.com/resources/one-big-beautiful-bill-act-section-174-research-costs-overhauled/ https://www.bnncpa.com/resources/one-big-beautiful-bill-act-...
- y-curious 8mo agoSection 174 as it stands means R&D costs companies less, not more. It would be bullish for the SWE profession. It’s still around