March 28, 2023

Act now before it's too late: Section 174

33 minutes

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?

(04:37) - What's the benefit to the government for this change?

(08:58) - Section 174 is bad for every company that builds software

(11:23) - Disclaimer: We're not tax accountants

(12:16) - What is the SSB Alliance?

(14:00) - Small businesses are the cute puppies of the policy world

(22:00) - A practical example

(25:25) - This is going to impact small software businesses

(28:31) - What can we do?

Thanks to our monthly supporters

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Mitchell Davis from sixsides.co

Marcel Fahle, wearebold.af

Bill Condo (@mavrck)

Ward from MemberSpace.com

Evandro Sasse

Austin Loveless

Michael Sitver

Colin Gray

Dave Giunta

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March 28, 2023

Act now before it's too late: Section 174

33 minutes

👉 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: