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A comment on Tell HN: Help restore the tax deduction for software dev in the US (Section 174). Parent comment

Re:Tell HN: Help restore the tax deduction for software dev ... by procaryote on Tuesday June 10, 2025 @03:06AM (#44233600)
Why is software special? Why is all other payroll not treated like this?

In reality, this is something made up to balance a budget while pushing the consequences beyond the next election. It isn't a well intentioned accounting principle

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Re:Tell HN: Help restore the tax deduction for software dev ... by andrewlgood on Tuesday June 10, 2025 @09:01AM (#44236273)
It’s not just software. Software developers are just the most vocal people talking about it. I worked a company that owned nuclear power plants. We did R&D on how to make the power plants work more efficiently and safely. Some of the work we did qualified as R&D and could be capitalized. This mattered as the US government gave tax credits for eligible R&D. The tax credits directly reduced your tax bill.
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