We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Act now before it's too late: Section 174

Act now before it's too late: Section 174

2023/3/28
logo of podcast Build Your SaaS

Build Your SaaS

Shownotes Transcript

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?

  • (04:42) - 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

  • Colin Gray

  • Dave Giunta

🎙️ Podcast hosting is provided by Transistor.fm).📺 Learn how to start your own podcast)!

** ★ Support this podcast on Patreon ★) **