OBBB signed: Reinstates immediate expensing for U.S.-based R&D(kbkg.com)
395 points by tareqak | 315 comments
KBKG article on the House passing the One Big Beautiful Bill tax package, which reinstates immediate expensing of domestic R&D costs.
#section-174 on Hacker News
6 stories tagged section-174, newest first.
Tell HN: Help restore the tax deduction for software dev in the US (Section 174)
2326 points by dang | 845 comments
A Hacker News post by moderator dang urging US taxpayers to sign a letter to lawmakers to restore immediate deduction of software development expenses under Section 174.
The time bomb in the tax code that's fueling mass tech layoffs(qz.com)
1448 points by booleanbetrayal | 892 comments
Quartz article on how a change to Section 174 of the US tax code under Trump, requiring R&D expense amortization, has contributed to mass tech layoffs.
Thousands of small businesses are struggling because of R&D amortization(twitter.com)
329 points by IndoCanada | 257 comments
An X (Twitter) post about thousands of small businesses struggling due to the R&D expense amortization rule (Section 174); the post content did not load.
Tell HN: Submit comments to IRS re tax treatment of software dev expenses
409 points by mNovak | 186 comments
Tell HN post urging readers to submit public comments on IRS Notice 2023-63 about amortizing software development costs as R&E expenses under Section 174.
Software firms across US facing tax bills that threaten survival(cnbc.com)
833 points by mjwhansen | 831 comments
CNBC article on US software companies facing large tax bills from the Section 174 change requiring R&D expenses to be amortized, threatening startup survival.