Michael Barshinger รีทวีตแล้ว
Michael Barshinger
301 posts
Michael Barshinger
@Barsh
Entrepreneur, CEO, and software developer.
Dallas, Texas เข้าร่วม Aralık 2007
344 กำลังติดตาม142 ผู้ติดตาม
Recent changes to U.S. tax law have significantly altered how software development costs are treated for tax purposes. Historically, under Section 174 of the Internal Revenue Code, companies could fully deduct research and experimental (R&E) expenditures, including software development costs, in the year they were incurred. However, the Tax Cuts and Jobs Act (TCJA) of 2017 amended Section 174, mandating that for tax years beginning after December 31, 2021, these costs must be capitalized and amortized over a period of five years for domestic research and 15 years for foreign research.
These changes have significant implications for companies involved in software development, particularly startups and smaller firms.
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Let us know about wasteful government spending and unnecessary regulations!
Department of Government Efficiency@DOGE
DOGE is undergoing a serious analysis of wasteful and burdensome regulations, and is looking for public feedback! Which are the really bad ones? Please DM us the CFR provision, the relevant text from the regulation, and the adverse consequences of said regulation.
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Recent changes to U.S. tax law have significantly altered how software development costs are treated for tax purposes. Historically, under Section 174 of the Internal Revenue Code, companies could fully deduct research and experimental (R&E) expenditures, including software development costs, in the year they were incurred. However, the Tax Cuts and Jobs Act (TCJA) of 2017 amended Section 174, mandating that for tax years beginning after December 31, 2021, these costs must be capitalized and amortized over a period of five years for domestic research and 15 years for foreign research. 
These changes have significant implications for companies involved in software development, particularly startups and smaller firms.
English
DOGE is undergoing a serious analysis of wasteful and burdensome regulations, and is looking for public feedback!
Which are the really bad ones? Please DM us the CFR provision, the relevant text from the regulation, and the adverse consequences of said regulation.
English
@realdogenews Not sure about that, but for every auditor of tax dollars coming in, there should be an equal number of auditors for tax dollars going out.
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Wow! What a block party! Check out this amazing comparison of @Lauren_Cox15 and @Wemby swatting away their opponents like flies. Can we get some love for these incredible players? #BaylorWBB #GoSpursGo #BlockCity #WomensBasketball #ESPN #espnw #wemby #spurs @KimMulkey
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I just published “Adobe Captivate: How to Cheat” medium.com/p/adobe-captiv…
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@survivorcbs another great season! Would love to see a season where the cast was entirely made up of villians from past seasons.
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I just published “Tips for Designing Microlearning for Voluntary Consumption” medium.com/p/tips-for-des…
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This is what my kids are up to... fmhoverboards.com
Flower Mound, TX 🇺🇸 English
“Making Learning Easier by Design” by @snambomb medium.com/google-design/…
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