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US tax change could kill your software business, and it already took effect

3 点作者 1auralynn大约 2 年前

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1auralynn大约 2 年前
The issue around Section 174 amoritization for R&amp;D was discussed previously on Hacker News (<a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=34627712" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=34627712</a>), I&#x27;m suprised it isn&#x27;t hitting the front page again as tax season is upon us.<p>Personally, I&#x27;ll owe $100,000 in personal taxes because I own an LLC taxed as an S-Corp (pretty much my salary last year - we&#x27;re small and bootstrapped). I actually told my story to the WSJ hoping that it would make a difference, but there are still not a lot of people talking about it. <a href="https:&#x2F;&#x2F;www.wsj.com&#x2F;articles&#x2F;small-businesses-face-big-tax-bills-from-research-deduction-change-a189b113" rel="nofollow">https:&#x2F;&#x2F;www.wsj.com&#x2F;articles&#x2F;small-businesses-face-big-tax-b...</a>
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