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Act now before it's too late: Section 174
Michele Hansen (co-founder of Geocodio) is raising the alarm about Section 174. This legislation could dramatically increase your tax bill this year if you're a small software company in the USA. Michele is organizing a response through the Small Software Business Alliance. 👉 ACT NOW: Sign up for Michele's listUS citizens: tweet and call your Senators today. They need to know that this is a small business issue and that small businesses in their state are hurt by Section 174.Share the ssballiance.org URL with your founder friends.In this episode: (01:37) - What is section 174? (04:42) - What's the benefit to the government for this change? (09:03) - Section 174 is bad for every company that builds software (11:28) - Disclaimer: We're not tax accountants (12:21) - What is the SSB Alliance? (14:05) - Small businesses are the cute puppies of the policy world (22:05) - A practical example (25:30) - This is going to impact small software businesses (28:36) - What can we do? Thanks to our monthly supporters Pascal from sharpen.page Rewardful.com Greg Park Mitchell Davis from RecruitKit.com.au Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Dan Buda Colin Gray Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast! ★ Support this podcast on Patreon ★
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