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A comment on Ask HN: How are you handling Section 174 changes for bootstrapped companies?. Parent comment

Re:Ask HN: How are you handling Section 174 changes for boot... by PaulDavisThe1st on Thursday February 02, 2023 @10:43PM (#34636880)
I think your conclusion is correct. However, the more antecedent question is whether or not all expenses related to software development MUST be treated as R&E or not.

If that option exists still, then nobody needs to panic.

If it does not, then maybe everybody should panic.

Or at least, everybody starting up a business requiring in software development.

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Re:Ask HN: How are you handling Section 174 changes for boot... by nodamage on Friday February 03, 2023 @05:13PM (#34648493)
That is indeed the important question. Unfortunately we really need clarification from the IRS here (or additional action from Congress).
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