Presented on October 23, 2023
Travis Riley, Partner, R&D Tax Credit Services
Josh Harbin, Senior Manager, R&D Tax Credit Services
The Department of Treasury and IRS released Notice 2023-63 on September 8, 2023, announcing plans to issue proposed regulations addressing the capitalization and amortization of specified research or experimental (SRE) expenditures under Internal Revenue Code (IRC) Section 174.