Nicholas Napp (@nicholasnapp) 's Twitter Profile
Nicholas Napp

@nicholasnapp

Nerd. Especially about AR/VR/MR/XR, AI and Blockchain. Steering Committee member for IEEE's Metaverse initiative. Lover of good narrative & bad jokes.

ID: 6798702

calendar_today13-06-2007 22:24:53

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The sting in the tail of Section 174 is going to absolutely cripple small companies doing R&D. Simple summary: the IRS now say that R&D expenses have to be amortized, not treated as an expense. Net result: huge tax bill for business owners. wsj.com/articles/small…