Bill BBB and Section 174

4 graycat 1 6/21/2025, 5:00:18 PM
Looks like a solution is on the way to the tax problems of Internal Revenue Code (IRC) Section 174:

As at

     https://news.ycombinator.com/item?id=44226145
with

     Tell HN: Help restore the tax
     deduction for software dev in the US
     (Section 174)
is

     Companies building software in the US
     were hit hard a few years ago when
     the tax code stopped allowing
     deduction of software dev expenses.
     Now they have to be amortized over
     several years.
Now as at

     https://www.whitehouse.gov/wire/
on the BBB (Trump calls the "Big Beautiful Bill) is in part

     The bill also restores 100% immediate
     expensing, allowing businesses to
     write off investments, expansion, and
     modernization.
So, that provision may alleviate the effects and concerns of Section 174.

Comments (1)

mtmail ยท 7h ago
That's the same bill as "Why millions of Americans would lose health insurance under House GOP megabill", isn' it https://www.cnbc.com/2025/06/06/health-insurance-coverage-lo...