mjwhansen

9 ms·

61.
by mjwhansen 3y ago
This is true - it was an accounting sleight of hand to make the tax cuts look paid for during Congressional Budget Office scoring
62.
by mjwhansen 3y ago
Only a small portion of activities count as R&D for R&D tax credit purposes. R&E is a much bigger category and where the problem lies. This write up has a good graphic showing the magnitude (scroll halfway) https://ww
63.
by mjwhansen 3y ago
CFOs have been quite vocal on this. https://www.wsj.com/articles/u-s-cfos-ask-congress-to-repeal... Small companies don’t have CFOs.
64.
by mjwhansen 3y ago
The problem is that this tax change is artificially inflating profits. Companies previously had the choice between expensing (writing off entirely) and amortizing (spreading out) these costs, and now they must be amortized. It is especially
65.
Software firms across US facing tax bills that threaten survival(cnbc.com)
924 points by mjwhansen 3y ago|981 comments
66.
by mjwhansen 4y ago
This change was passed in 2017 in order to pay for the tax cuts, effectively a five-year time bomb. Congress basically did this as an accounting trick to pay for them, yet never intended for it to take effect.
67.
by mjwhansen 4y ago
The SEC disagrees. https://www.sec.gov/spotlight/cybersecurity-enforcement-acti...
68.
by mjwhansen 4y ago
Yes, this is the question - how many companies will make it to the point where they get the full write-off, especially with the double-whammy of 2022 higher + Q1 2023 higher hitting at the same time.
69.
by mjwhansen 4y ago
It's so, so bad. Many accountants aren't even aware yet, meaning that some people who have already filed their business taxes for 2022 will end up owing the stratospherically higher bill PLUS interest and potentially penalties whe
70.
by mjwhansen 4y ago
And not just salaries! It applies to any expense that goes into making a new product or improving an existing one. This includes servers and etc.
71.
by mjwhansen 4y ago
Hey, person behind this project here. Thanks for posting. The changes to Section 174 are a massive problem for companies that build and sell software because now all software development -- which includes both building new products and ad
72.
by mjwhansen 4y ago
Awesome!
73.
by mjwhansen 4y ago
I hope this doesn’t discourage you! There’s a thriving community of indie founders who are earning a good living from their own companies, many of whom are developers who struck out on their own. Most don’t have fancy degrees or companies o
74.
by mjwhansen 4y ago
My sixth grade science fair project was testing apples for apple crisp. The winner? Pink lady! Edit: on a more serious note as a seasoned baker: for the typical person who makes maybe one pie a year if that, blind baking your bottom crust a
75.
by mjwhansen 4y ago
Love your Twitter Rules, thanks for sharing. It would be a much more pleasant place if more people followed them. Copying here: > First: Lift people up. When someone does something even remotely cool, it takes almost no effort to respond
76.
by mjwhansen 4y ago
These are traffic cameras
77.
by mjwhansen 4y ago
very thought-provoking - people think only a portion of what they’re doing is shared, but government sees all
78.
by mjwhansen 4y ago
innnnteresting
79.
by mjwhansen 4y ago
+1 for kbclip!
80.
by mjwhansen 4y ago
Super cool!
81.
by mjwhansen 4y ago
I'm 32 and was diagnosed at 11. I received behavior help but no meds. Until earlier this year, when a variety of factors pushed me to finally try them. All of a sudden, I could focus on things without having to have all of the stars al
82.
by mjwhansen 5y ago
oooh, you should share the email copy you're using on Twitter! would happily RT, so helpful to have real-life examples let me know how it goes when you work up to interviews! :)
83.
by mjwhansen 5y ago
Thanks for sharing! This is such a great example of having your pre-existing belief questioned, noticing user behavior, and adapting accordingly: > Contrary to popular belief (for B2B SaaS), people actually work from their phones. > S
84.
by mjwhansen 5y ago
thanks for listening, swyx!
85.
by mjwhansen 5y ago
Great post, Shavin! Thanks for mentioning Deploy Empathy :)
86.
Walgreens’ sloppy Covid-19 test registration system exposed patient data(vox.com)
4 points by mjwhansen 5y ago|0 comments
87.
by mjwhansen 5y ago
Thanks Maciej! :)
88.
by mjwhansen 5y ago
Mike, it took you a lot of courage to make this decision. You deserve respect for making a hard decision and being public about it for the benefit of others. I’m so moved (and admittedly conflicted!) that my writing helped you come to this
89.
by mjwhansen 6y ago
Absolutely - tone of voice matters a lot.
90.
by mjwhansen 6y ago
What you're hitting on is the difference between sympathy and empathy. Both have a role in helping people. "I'm sorry to hear that" = sympathy "It sounds like you're exhausted by that." = empathy Notice th

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