Guidance is Out on §174

Guidance is Out on §174

Guidance released under Notice 2023-63 focuses on the amortization of specified research or experimental expenditures under §174, and announces more regulations on the horizon. What does it mean for taxpayers? Read on for effective dates, rules, and what’s to...
§174 Capitalization Updates: What We Know

§174 Capitalization Updates: What We Know

The IRS provided guidance on the automatic change issue for §174 but is silent on what should or should not be included in the §174 capitalization. We are watching this issue closely and want to share with you where it stands right now. Download PDF − By Mark Dunning,...