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by awinter-py 895 days ago
longer thread on this from 11 months ago

https://news.ycombinator.com/item?id=34627712

I have zero accounting background, but my understanding is that salaries are normally deductible from revenue. Before this change, SWE salaries were deductible from tax bill under R&D credit? And after this change, SWE salaries can only deduct from tax bill under 5 year amort?

(Interested to hear correct version if someone actually knows)