Can someone qualified answer a couple of quick questions here:
* Hiring a company to do software development is completely deductible or is still considered R&D? And there isn't any difference in regard to where the company is located?
* That company who performs the software development however, they have to pay the taxes since they are doing the development... so they are just going to raise their rates then correct? Or since they are providing a service to the company and it is work for hire does it not count?
* All other R&D expenses are still deductions including hardware development? Where is the line drawn? If you are doing the software side for a hardware product, that would be hardware correct?
* For founders, you would just take a dispersement instead of taking a salary if you are developing software? Or is that irrelevant?
* Hiring a company to do software development is completely deductible or is still considered R&D? And there isn't any difference in regard to where the company is located?
* That company who performs the software development however, they have to pay the taxes since they are doing the development... so they are just going to raise their rates then correct? Or since they are providing a service to the company and it is work for hire does it not count?
* All other R&D expenses are still deductions including hardware development? Where is the line drawn? If you are doing the software side for a hardware product, that would be hardware correct?
* For founders, you would just take a dispersement instead of taking a salary if you are developing software? Or is that irrelevant?