this is not entirely true and i’ve seen the exact same comment regurgitated with the same exact numbers for the past two years. I am not in really in favor of section 174 but i’m tired of seeing misinfo. I have discussed this with a CPA multiple times and its simplified and blown out of proportion in a way that you can’t actually have a conversation about it
Your comment would be much more helpful if you explained how op is wrong or linked to another resource or prior comment that did so.
…could you expand on what part is inaccurate?
One example:
"What they've actually done, congress said, is bought a capital good, like a machine."
Replace "like a machine" with "like software"
How is that profound?