Act now before it's too late: Section 174

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?
• (04:37) - 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?

• 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
• Colin Gray
• Dave Giunta

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