Founders Corner – Tax Impact of R&D Expense Amortization Due to 2017 Tax Cuts and Jobs Act taking effect in 2022
Exciting title, huh? But changing R&D taxability from a simple expense to a capital investment requiring a 5 year amortization will have a profound impact on all software companies if the current law stays in place. To put a headline on it – it will cost RunSignup about $870,000 in additional federal taxes this year. […]