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Act now before it's too late: Section 174
<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>
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Published Mar 28, 2023