For decades, Congress has recognized that companies engaging in research shouldn’t be penalized. Since 1954, businesses have been able to write off R&D expenses in the year they incur them, without having to amortize the spending over time.
For decades, Congress has recognized that companies engaging in research shouldn’t be penalized. Since 1954, businesses have been able to write off R&D expenses in the year they incur them, without having to amortize the spending over time.