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New IRS Guidance for R&E Deductions Changes Section 174 and Form 3115 Rules

New IRS Guidance for R&E Deductions Changes Section 174 and Form 3115 Rules

by Dana Borys | Sep 28, 2026 | blog, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax

The restoration of the federal current deduction for domestic research and experimental expenditures (R&E) addressed a major tax issue for technology, life sciences and other research-intensive companies. It did not eliminate the accounting-method work required to...

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