House Ways and Means Committee Introduces Potential Tax Extender Bill
Withum
JULY 26, 2023
Any adjustment needed for a 2022 federal income tax return already filed which included the capitalization of research and experimental expenditures can either be amended or, at the taxpayer’s election, be treated as an automatic change in the method of accounting in the 2023 taxable year. billion in 2031.
Let's personalize your content