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Act now before it's too late: Section 174

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Manage episode 359167824 series 2121450
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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.

๐Ÿ‘‰ ACT NOW:

  1. Sign up for Michele's list
  2. 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.
  3. 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

๐ŸŽ™๏ธ Podcast hosting is provided by Transistor.fm.
๐Ÿ“บ Learn
how to start your own podcast!

โ˜… Support this podcast on Patreon โ˜…
  continue reading

159 episodes

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Act now before it's too late: Section 174

Build Your SaaS

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Manage episode 359167824 series 2121450
Content provided by Transistor.fm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Transistor.fm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

๐Ÿ‘‰ ACT NOW:

  1. Sign up for Michele's list
  2. 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.
  3. 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

๐ŸŽ™๏ธ Podcast hosting is provided by Transistor.fm.
๐Ÿ“บ Learn
how to start your own podcast!

โ˜… Support this podcast on Patreon โ˜…
  continue reading

159 episodes

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