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Re:Software firms across US facing tax bills that threaten s... by vlovich123 on Tuesday April 18, 2023 @02:35PM (#35618007)
I think this is flawed in both directions. Sure when you’re primarily building new stuff maybe the cost of that should be amortized. What happens if you’re just maintaining a product though rather than actually developing new stuff? That doesn’t feel like R&D effort.
Re:Software firms across US facing tax bills that threaten s... by pclmulqdq on Tuesday April 18, 2023 @02:43PM (#35618140)
Maintenance of existing software doesn't count as R&D under this categorization. The IRS will have some helpful guidance available in June. You know, two months after the deadline.
Re:Software firms across US facing tax bills that threaten s... by vlovich123 on Tuesday April 18, 2023 @04:35PM (#35619678)
Good luck figuring out how to do that accounting when teams are blended and all your workers are salaried.
Re:Software firms across US facing tax bills that threaten s... by pclmulqdq on Tuesday April 18, 2023 @06:10PM (#35621083)
Right now, adding features to an existing SaaS is looking a lot like maintenance work to me.
Re:Software firms across US facing tax bills that threaten s... by erik_seaberg on Tuesday April 18, 2023 @07:48PM (#35622151)
Great, now we have to ask tax accountants how long the Microservice of Theseus was officially in maintenance mode while we rewrote it.