Business This 2017 tax law is haunting US startups By Deanna B. Narveson - January 22, 2024 iStock.com/sutlafk FacebookTwitterLinkedinEmailPrint The Tax Cuts and Jobs Act of 2017 is hitting some startups' tax bills, thanks to a provision that changes how research and development costs are deducted, Axios reports. Already an INSIDER? Sign in.