Act now before it's too late: Section 174

Act now before it's too late: Section 174

Released Tuesday, 28th March 2023
Good episode? Give it some love!
Act now before it's too late: Section 174

Act now before it's too late: Section 174

Act now before it's too late: Section 174

Act now before it's too late: Section 174

Tuesday, 28th March 2023
Good episode? Give it some love!
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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.

👉 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

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  • Mitchell Davis from RecruitKit.com.au
  • 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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