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The One Big Beautiful Bill Makes Domestic R&E Expenditures Deductible Again

By |2025-07-31T09:39:14-05:00July 14th, 2025|

The One Big Beautiful Bill Act has returned the ability for companies to immediately deduct domestic research and experimental (R&E) costs for the 2025 tax year, but it also introduces a complex network of new choices taxpayers will need to make strategically for the 2025 tax year. The Bill establishes new transition rules: one that allows for retroactive application by eligible taxpayers and another that allows for the acceleration of remaining unamortized amounts.

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