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A comment on Software firms across US facing tax bills that threaten startup survival. Parent comment

Re:Software firms across US facing tax bills that threaten s... by jsmith99 on Tuesday April 18, 2023 @02:13PM (#35617671)
The accounting standards forbid expensing things that should be capitalised, and if you go ahead and do it anyway your investors will wonder why your accounts show you have no assets.
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Re:Software firms across US facing tax bills that threaten s... by rhaway84773 on Tuesday April 18, 2023 @03:33PM (#35618906)
Your CA would certainly prevent that from happening well before your investors look at your accounts.
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