Section 174 Rule: Guide to R&Expenditures
The Section 174 Rule under U.S. tax law significantly impacts businesses, particularly those engaged in research and development (R&D). The rule mandates the capitalization and amortization of research and experimental (R&E) expenses over a specific period. This change, enacted as part of the Tax Cuts and Jobs Act (TCJA), has reshaped how companies approach tax […]
