Software firms across US facing tax bills that threaten startup survival

Re:Software firms across US facing tax bills that threaten s... by mikeyouse on Tuesday April 18, 2023 @02:59PM (#35618379)

Per the article, some 600 business owners signed a letter to congress asking for urgent relief;

> As the House legislation is introduced, a grassroots effort is gaining momentum among software developers, with nearly 600 small business owners including Landsman and Bennett signing a letter to the Hill desks of House Way and Means Committee chair Jason Smith (R-Missouri) and Senate Finance Committee chair Ron Wyden (D-Oregon) on Tuesday morning, asking for “urgent relief” and warning that failure to bring back full R&D expensing may wipe out their companies.

I assume that's what he signed.

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Re:Software firms across US facing tax bills that threaten s... by reaperman on Tuesday April 18, 2023 @03:22PM (#35618740)

Oh, thank you so much. RTFA...

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Re:Software firms across US facing tax bills that threaten s... by jdmichal on Tuesday April 18, 2023 @03:49PM (#35619086)

To be fair to you, I certainly read that but didn't associate that letter to the comment until mikeyouse pointed it out. A lot happened between reading the article and reading that comment.

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Re:Software firms across US facing tax bills that threaten s... by jabart on Tuesday April 18, 2023 @04:21PM (#35619477)

Yeah now that I read that it's missing context. My bad.

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