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

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334 points tareqak | 1 comments | 05 Jul 25 00:24 UTC | HN request time: 0.434s | source
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agwa ◴[05 Jul 25 02:33 UTC] No.44469695[source]▶
As a small software business owner, I have to agree with Michele Hansen (who spent 2 years advocating on behalf of small software businesses for this very change): "we’re finally going to get Section 174 relief, and I couldn’t be angrier" https://www.linkedin.com/posts/mjwhansen_it-looks-like-were-...
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benreesman ◴[05 Jul 25 05:34 UTC] No.44470303[source]▶
Yeah. This is a tough one. Its a really bad bill that happens to also be the best thing that could happen in the economic life of most any programmer.

This is going to make a lot of people's lives a lot worse and I'm against it even though it's an absurd windfall for me and people like me.

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doctorpangloss ◴[05 Jul 25 06:02 UTC] No.44470407[source]▶
Not sure if this is an absurd windfall... It aligns software developers with the guild professionals, like dentists and lawyers, who had an economically equivalent benefit via S corp distributions. Except to get this one, you have to pay a royalty to someone to write your technical narrative.
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1. benreesman ◴[05 Jul 25 06:04 UTC] No.44470425[source]▶
I got more inbound recruiter email in the last week than in the two years up until last week.

Everyone's BATNA just skyrocketed. What you choose to do with a huge surge in your pricing power is up to you, but you have it.