Who is José Elías Navarro?

José Elías Navarro is a Catalan businessman with strong ties to Futbol Club Barcelona. He is the founder and majority shareholder of the energy company Audax Renovables, and has investments in telecommunications, renewable energy, infrastructure, medicine, and food. He became known for endorsing Joa...

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How many millionaires are there in the United States?

Based on various sources, the number of millionaires in the United States varies. According to the Credit Suisse Global Wealth Report, there were just under 30 million millionaires in 2023. However, a 2024 USA Wealth Report from Henley & Partners and New World Wealth stated that there are now more t...

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What is May the Sith?

May the Sith is not a recognized holiday, but it is associated with the unofficial Star Wars Day celebrated on May 4th. This day originated from the pun 'May the 4th be with you' based on the phrase 'May the force be with you' from the series. It started as a fan holiday and has grown in popularity,...

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Can software development costs be deducted under Section 174?

Based on the IRS guidance in Notice 2023-63, software development costs can be capitalized and amortized under Section 174, rather than being expensed. For tax years beginning after 2021, amended Sec. 174 requires capitalization and amortization of software development costs, with recovery through a...

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