Do not think that is correct. The original accelerated depreciation is simply no... | Hacker News

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		andrewlgood 7 months ago \| parent \| context \| favorite \| on: Tell HN: Help restore the tax deduction for softwa... Do not think that is correct. The original accelerated depreciation is simply not being renewed.

twodave 7 months ago [–]

IANAL, but the language of the bill seems to suggest GP was indeed correct:

https://www.congress.gov/bill/118th-congress/house-bill/7024...

It seems they're going back to the system where one could choose to amortize those capital expenses, but not be required to.

yrashk 7 months ago | [–]

seemingly only for domestic R&D

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