Re:Tell HN: Help restore the tax deduction for software dev ...
by axus on Monday June 09, 2025 @03:19PM
(#44228272)
What a wonderful sales pitch for a timesheet software feature. Track non-software-related work for expensing in the current tax year.
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Re:Tell HN: Help restore the tax deduction for software dev ...
by koolba on Monday June 09, 2025 @03:39PM
(#44228518)
Any decent sized company already does this. You’ll see a field on things like Jira tickets for whether something is maintenance or capital improvement. And presumably that information can be used to infer the percentage of a given workers time that can be attributed to deductible vs depreciable expenses.
Re:Tell HN: Help restore the tax deduction for software dev ...
by elliotec on Monday June 09, 2025 @04:43PM
(#44229249)
Exactly. Everywhere I’ve worked, this was a quick and non-intensive collaboration between engineering management and like one finance person. It’s baked into a ton of tools already (like you mentioned, Jira) so the percentages are usually just there and eng leaders review it with FP&A twice a year.
Re:Tell HN: Help restore the tax deduction for software dev ...
by jchanimal on Tuesday June 10, 2025 @12:57AM
(#44232697)
Real innovators can’t stand this sort of noise and so it is a direct shot against their bow
Re:Tell HN: Help restore the tax deduction for software dev ...
by OneDeuxTriSeiGo on Monday June 09, 2025 @08:18PM
(#44231136)
This is fairly standard for a lot of larger companies and for companies where your work is contract work (see defense contractors, legal firms, architecture and civil engineering firms). You have to do line item billing on costs for a given contract so you have to track how many hours are spent to do whatever labor needs done.
The issue is that this is a lot of unnecessary complexity for orgs that aren't doing that kind of work.