Capitalizing Section 174 research & experimental (R&E) expenses
- Date:
- Dec. 8, 2022
One of the most significant tax changes for many businesses in 2022 is a requirement that taxpayers capitalize and amortize their research and experimentation (R&E) expenses paid or incurred after Dec. 31, 2021, under Section 174. Our tax experts discuss.

During this webinar, our tax experts discuss this law change, including:
- The status of potential legislative changes.
- Identifying R&E costs required to be capitalized.
- Comparing Section 41 R&D tax credit qualified expenses and Sec. 174 R&E costs
- Treatment of software development costs.
- U.S. tax impacts related to research and software development performed overseas.
- Implementation and the change of accounting method.
Learning objectives:
- Define the R&E costs required to be capitalized.
- Develop an understanding of how to implement this change and the change of accounting method.
- Understand U.S. tax impacts of R&E and software development performed overseas.