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OBBB signed: Reinstates immediate expensing for U.S.-based R&D

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337 points tareqak | 6 comments | 05 Jul 25 00:24 UTC | HN request time: 0.437s | source | bottom
1. root_axis ◴[05 Jul 25 05:23 UTC] No.44470258[source]▶
I believe the impact of Section 174 has been vastly overstated, sadly we will soon observe this to be the case.
replies(3): >>44470414 #>>44470428 #>>44470554 #
2. doctorpangloss ◴[05 Jul 25 06:03 UTC] No.44470414[source]▶
Well who the hell was complying anyway?
3. BobbyJo ◴[05 Jul 25 06:05 UTC] No.44470428[source]▶
What do you base that belief on?
replies(1): >>44470494 #
4. autobodie ◴[05 Jul 25 06:21 UTC] No.44470494[source]▶
I would assume they think the cause of the layoffs was more related to the non-zero interest rate.
5. cheema33 ◴[05 Jul 25 06:35 UTC] No.44470554[source]▶
Nobody at my work knew anything about it. And we do have software engineers. I suspect only the very large orgs with expensive accountants were complying. And pay now vs later thing didn't really matter that much to them anyway.
replies(1): >>44472433 #
6. greenchair ◴[05 Jul 25 12:43 UTC] No.44472433[source]▶
yep it is definitely a big deal for f500. lots of creative accounting techniques had to be used in the meantime.