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 list
- US 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?
- 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
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