MegaMaker - Can you sign this today?

If you have a small software company in the USA, your taxes could go up by 466% this year:

It's because of Section 174:

What does this look like in practice? Ian Landsman has simple example:

Ian Landsman @ianlandsman (slightly) simplified example impact of section 174 tax code change on a small software company. WAKE UP PEOPLE and contact your accountant TODAY. pic.twitter.com/0Ib7WMa3tR February 21st 2023 10 Retweets 50 Likes

​

We need to act now: sign this petition

​Michele Hansen (co-founder of Geocodio) has been heading up the charge, and garnering support from small software businesses.

Please sign her petition here:
👉 https://ssballiance.org/​

We're trying to get 1,000 signatures before Michele sends this to Congress on April 10th.

Also, send this to your founder friends, and tweet about it.

This is a time when we can't just have "magical thinking" and hope this problem goes away; it won't. This our last "Hail Mary." (Listen more about that here)

It might not work, but we need to try.

Cheers,
Justin Jackson
​
🐘 Find me on Mastodon​
⚡ Join me on MegaMaker​

PS: if you sign the petition, respond to this email and let me know. 👍