Comment by mindslight

3 years ago

TBF I hate accounting too, and now that it's past tax season I look forward to pushing as much as possible to the back of my head...

When you say some of your wife's architecture practice's salaries "were classified" as R&D, who/what did that classification?

I'm wondering if a large part of the pain is businesses that were classifying as much as possible as R&D to get the R&D tax credit, and now that classification is a liability and they can't change so quickly. Otherwise it would seem that established companies could call much of their software engineer activity "maintenance" rather than "development" (and the change shouldn't really matter to pre-revenue startups).