[arvidkahl]

Congressional inaction on Section 174 means huge, unexpected tax bills for companies that can’t bear the loss of R&E deductions. Instead of claiming 100% this year, it needs to be amortized over 5 years or more.

Self-funded SaaS businesses who can't easily pay 4x their current tax bill will go bankrupt from this — a tax provision that was never meant to be used.

[s1artibartfast]

This is an issue that personally affects you I recommend searching hn for threads on the issue. There's been some Hardy discussion and some alternative takes