R&D Tax Breaks Are Back—Thanks to the Big Beautiful Bill!!!! Section 174 Big Beautiful Bill Planning Available HERE.
Congress has officially passed a long-awaited fix to the R&D tax rules. With the enactment of Section 174A, businesses can once again immediately deduct domestic research expenses—eliminating the burdensome capitalization requirements that have been in place since 2022. The legislation has cleared both chambers of Congress and is now signed into law, with IRS guidance … Read more
