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New "Developer Tax" Might Kill Startups Forever (Section 174 Rant)

Theo Rants

38K subscribers • 1 video on Hallway

YouTube
  • Recommended by 2 people: 2 in engineering communities.
  • Presented by Theo Browne
  • May be out of date. The tools, versions or practices it shows have likely moved on.
  • An opinion. It argues one side of a question engineers disagree on.

Intermediate. Assumes working knowledge.

104K views2 years ago2 recommendations

Careers and interviewsStartupsThe tech industry

Theo Browne explains the devastating impact of US tax code Section 174 on software startups and developers.

Section 174 is...terrifying. I really hope this gets repealed. SOURCES blog.pragmaticengineer.com/section-174/ twitter.com/LauraEWeiss16/status/1752867915588620294 nbcnews.com/politics/congress/congress-vote-prevent-governme… Things I plugged Fondo (startup tax thing) - tryfondo.com s/o Ph4se0ne for the edit!

Why it's here

2 people recommend this

What people say. Recommended as a clear explanation of how Section 174 tax changes affect software development and startups.

u/DeskJobin r/ExperiencedDevs • Recommends

On “Finally some good news. Section 174 is reversed for U.S engineers.”

This YouTuber explains the impact better than I can: link to this video Once my accountant explained to me what was going on I was shocked, depressed, and started pulling back on software development.
5View on Reddit

u/kincaidDevin r/ExperiencedDevs • Recommends

On “Unmotivated to work or continue learning due to long term worries”

Here's a video about the tax and how it affects startups link to this video
2View on Reddit