Bryan_W
Level 1
02-16-2023
09:55 AM
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Under the 2017 Tax Cuts and Jobs Act, starting in 2022 companies can no longer elect to expense R&D but rather have to capitalize and amortize. According to Rev Proc 2023-08, to make the automatic change election companies must file a statement in lieu of Form 3115. Where in ProConnect can I go to file the appropriate statement?
Best Answer Click here
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