OB3 Banking Insights: Section 174 Changes and the Impact on R&D Expenses

Listen to our latest podcast episode as Elizabeth L'Hommedieu, Principal in KPMG's banking and capital markets tax practice, and Stefanie Humphrey, partner specializing in accounting methods and credits for financial institutions, discuss the recent changes in the treatment of research and development (R&D) expenses and their implications for banks. During their conversation, they explain the impact of the OB3 legislation on R&D expenses, exploring the options available for banks to manage their R&D costs effectively.
Tune in to gain insights into the complexities of these changes and how they may affect your organization's tax strategy.