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Granted I may be reading this wrong (dog knows I’m confused over the US tax code at the best of times), but I got the impression from reading this link (https://www.plantemoran.com/explore-our-thinking/insight/202...) that the 5 year rule wasn’t yet in place.

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What that article is saying is that there was hope that they would act and do something so these rules didn't take effect. Congress did not act and so these rules are now in effect.

These rules were established as part of the 2017 tax bill and take effect this year.

FTA: "The short answer is that the conclusion of the current congressional session with no action on this issue means required capitalization of R&E expenditures remains applicable to the 2022 tax year."

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