‼️ CNBC wrote about the Small Software Business Letter to Congress, featuring our very own @ianlandsman and @LandonB32 ‼️ cnbc.com/2023/04/18/sof…
"The software development field is the starkest example of the fallout from the R&D tax change because its biggest expense is software development talent. Developers don’t come cheap, and until tax year 2022, these companies could fully expense those costs as R&D rather than having to amortize them over multiple years. Industry success relies on the contribution of software talent, but when that cost overwhelms cash flow and profits, it potentially makes the business model untenable."
@mjwhansen @ianlandsman @LandonB32 Great coverage and insights! It's exciting to see larger news publications pick up this piece and help spread the word