by Capstan Tax Strategies | Sep 14, 2023 | Industry Alert
Notice 2023-63: Yes, You Have to Amortize Sec. 174 Expenses By: Capstan Tax Strategies On Friday September 8th, the IRS released long-awaited guidance addressing the mandatory amortization of Section 174 expenses. It isn’t the news we were hoping for. Notice... 
by Capstan Tax Strategies | Feb 15, 2023 | Industry Alert, Taxation
TCJA – Tax Cuts and Jobs Act (H.R.1) of 2017 By: Capstan Tax Strategies The Tax Cuts and Jobs Act was signed into law on December 22, 2017. This marked the first comprehensive tax law reform since 1986, and has had an impact on every American taxpayer and industry.... 
by Capstan Tax Strategies | Jan 26, 2023 | Capstan News, Industry Alert
Rev. Proc. 2023-11 and the Mandatory Amortization of Section 174 Expenses: What CPAs Must Know By: Capstan Tax Strategies Summary 174 Research and Experimentation (“R&E”) Expenses paid or incurred in taxable years beginning after 12/31/2021 cannot be immediately...