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R&D Tax Expense Restoration Moves Forward in Congress

Architecture/Engineering/Design, Articles, Featured Events, Martin Prendergast, News, News & Events, Tax Strategy & Compliance / By Gray, Gray & Gray, LLP

The movement to restore full expensing of R&D costs in the year the expenses are incurred, instead of amortizing them over 5 years, is gaining momentum in Congress. A bi-partisan bill had previously been filed in the U.S. Senate to return full expensing of R&D Costs (S. 866). That effort has now been joined by

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