The tax landscape for research and development has shifted significantly, providing vital relief to innovative organizations through the restoration of domestic expensing. Get a comprehensive update on the legislative changes to Section 174, offering a deep dive into the transition from mandatory amortization back to immediate deductibility. Learn practical strategies for navigating new "catch-up" rules to recover previously deferred costs, as well as critical guidance on the latest IRS documentation standards for Form 6765. Gain a clear roadmap for the 2025 filing season, ensuring that businesses and their advisors can optimize cash flow and implement these new tax strategies with total confidence.

Ready for the next step?