OBBBA Accounting Methods
Tax accounting methods and elections impacted under the OBBBA, including research and experimentation costs under section 174A, bonus depreciation, interest capitalization, and residential construction contracts subject to PCM.
section 174Abonus depreciationresidential construction contractPCMhome construction contractsection 460OBBBAAccounting Methodsqualified production propertyresearch and experimentationresearch and developmentinterest capitalizationsection 163(j)
