Build Your SaaS – bootstrap in 2021

<p>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 <a href="https://ssballiance.org/">Small Software Business Alliance</a>.</p><p>👉 <strong>ACT NOW:</strong></p><ol><li><a href="https://ssballiance.org/">Sign up for Michele's list</a></li><li><strong>US citizens: tweet and call your Senators today. </strong>They need to know that this is a small business issue and that small businesses in their state are hurt by Section 174.</li><li>Share the <a href="https://ssballiance.org/">ssballiance.org</a> URL with your founder friends.</li></ol><p><strong>In this episode:</strong></p><p></p><ul><li>(01:37) - What is section 174?</li> <li>(04:42) - What's the benefit to the government for this change?</li> <li>(09:03) - Section 174 is bad for every company that builds software</li> <li>(11:28) - Disclaimer: We're not tax accountants</li> <li>(12:21) - What is the SSB Alliance?</li> <li>(14:05) - Small businesses are the cute puppies of the policy world</li> <li>(22:05) - A practical example</li> <li>(25:30) - This is going to impact small software businesses</li> <li>(28:36) - What can we do?</li> </ul> <strong>Thanks to our monthly supporters</strong> <ul> <li>Pascal from sharpen.page</li> <li>Rewardful.com</li> <li>Greg Park</li> <li>Mitchell Davis from RecruitKit.com.au</li> <li>Marcel Fahle, wearebold.af</li> <li>Bill Condo (@mavrck)</li> <li>Ward from MemberSpace.com</li> <li>Evandro Sasse</li> <li>Austin Loveless</li> <li>Michael Sitver</li> <li>Dan Buda</li> <li>Colin Gray</li> <li>Dave Giunta</li> </ul> <br><p>🎙️ <em>Podcast hosting is provided by</em> <a href="https://transistor.fm/?via=rubyblend"><em>Transistor.fm</em></a><em>.<br>📺 Learn </em><a href="https://transistor.fm/how-to-start-a-podcast/"><em>how to start your own podcast</em></a><em>!</em></p> <strong> <a href="https://www.patreon.com/jonjustin" rel="payment" title="★ Support this podcast on Patreon ★">★ Support this podcast on Patreon ★</a> </strong>