02/19/2026 | Press release | Distributed by Public on 02/20/2026 08:00
In a letter sent to the Department of the Treasury and the Internal Revenue Service (IRS), the AICPA recommends that Treasury and the IRS issue guidance, through modifications to Rev. Proc. 2025-28 and/or other published guidance regarding the capitalization and amortization of domestic R&E under section 174A(c).