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by Justin_K 920 days ago
I have a perfect example as to why these rules are unfair. I work in the healthcare industry and a lot of the r&d is because it has to keep up with new regulations set out every year.

So the government is forcing expenses on us.... And then making us wait to deduct.

2 comments

Making you build an asset and treat it as an asset from a tax perspective.

Sounds like you’re really complaining that you have to deal with regulation in the healthcare industry. Your post has nothing of merit about why it’s not right to treat it as a capital asset. You’re just whining that it’s worse than the status quo you had before.

You're right, and this can be depreciated over it's useful life.

Not all r&d leads to something viable. So I'm guessing we'll see more of these capital assets being recorded as losses to reduce tax liability.

I'm gonna bet that there is very little discovery in your work and you are essentially translating spec into code. Now your process for doing this is undoubtedly bloated and slow as shit (you said its healthcare right?) but that doesn't make it r&d.