If I hire a bunch of people to build me an apartment building, I deduct the full... | Hacker News

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		kelnos 7 months ago \| parent \| context \| favorite \| on: Tell HN: Help restore the tax deduction for softwa... If I hire a bunch of people to build me an apartment building, I deduct the full cost of their salaries in the year I pay them, even though once they build the apartment building, I get the value of that work over the following years. How is that any different from hiring a bunch of people to write some software, that I then get the value of over the following years?

kgwgk 7 months ago [–]

> If I hire a bunch of people to build me an apartment building, I deduct the full cost of their salaries in the year I pay them

That’s not how it works in general (there are exceptions though): https://www.law.cornell.edu/cfr/text/26/1.263A-1

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