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Navigating the Latest Section 174 R&D Capitalization Rules: What Founders Need to Know in 2025

Shay CPA

While this typically signals pro-business tax incentives, concerns about the federal budget deficit may delay any sweeping amendments to Section 174. Additionally, early-stage companies can opt to apply the credit against payroll taxes (up to $250,000 per year). calendar years.

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AICPA Applauds Senate Efforts to “Improve and Correct” House Version of Tax Bill

CPA Practice

The Senate bill includes the following provisions that the AICPA has endorsed in the past: An increase in the standard deduction for years 2025-2028. Following the release of the reconciliation bill by the Senate, the AICPA has identified several provisions it supports.

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