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0 pointsmywittyname9mo ago0 comments

> The vast majority of tech workers laid off in the last two years didn't work in research and development.

I bet they were classified as R&D for accounting purposes. Product development largely falls into R&D - it doesn't matter what the product being developed is for.

Every job I had at a megacorp was classified as R&D, and I know because I had to track hours against such.

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demosthanos9mo ago

> I bet they were classified as R&D for accounting purposes.

It's not just that. Section 174 now explicitly calls out Software as always being an R&D expense:

> (3) Software development

> For purposes of this section, any amount paid or incurred in connection with the development of any software shall be treated as a research or experimental expenditure.

https://www.law.cornell.edu/uscode/text/26/174

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