Given surprise tax bills generated by Section 174,

here is our emergency pod with @useneotax

(I have no affiliation w/ NeoTax)

Why this matters?

- Unprofitable tech co's can owe cash taxes - Profitable tech co's can see 4x tax bill - filing deadline = Tuesday 4/18

My (non-tax professional!) takeaways from the pod:

- best course of action = FILE EXTENSION

- Section 41 (aka R&D Tax Credit) could offset much of the Section 174 liability

- @useneotax has software tool that syncs with Netsuite / Quickbooks that can ballpark $

- consider booking NeoTax 30-min consultation: https://meetings.hubspot.com/ben-eachus/rd-capitalization?ut...

- update your board if tax $ owed are material surprise!

Awesome comment + advice.

This is such a thoughtful encapsulation here. Thank you Barrin92

Excellent point - over 60% of the lifecycle costs of a cup are in the earlier phases (like raw materials, production, and transport).

So bringing your own cup is by FAR the best way to mitigate your own personal footprint.

Brewing coffee at home or in the office rather than driving to Starbucks is perhaps a better way. (Disregard for those who walk to Starbucks, but I suspect a lot more environmental impact happens driving to and idling in line at the drive-to Starbucks than from the cups.)

Yup. The sheer volume of single-use waste our society generates - especially in the US - is ridiculous.

For literally seconds and minutes of use! While leaving pollution behind best measured in decades!

This Twitter account does a great job curating these:

https://twitter.com/BestofLinkedin

Thanks. I liked this one.

https://twitter.com/BestofLinkedin/status/139178233788132966...

And this:

https://twitter.com/BestofLinkedin/status/138491328852230963...

Thank you! I was actually considering starting a blog to collect them, glad to see that someone has stepped up and done it already.

This is so nauseatingly entertaining, and a distillation of similar bullshit I've encountered freelancing for various agencies and startups.

It feels like this field is ripe for trolling - people making fake accounts and making similar inspirational posts that are a bit too outlandish but could almost be real.

Or maybe these troll accounts exist, but the posts are indistinguishable from the real thing...

Seriously impressed by your responsiveness here.

And as someone who hires contractors, 20 hours can be positive for your client.

Why? Lowers weekly management / feedback / “business decisions” needed to enable your work.

For better or worse, I am here for the comments.

Hang in there.

Having been in your position, I know sometimes all you can do is hang in there and not much else.

You can never predict when the upturn will come...but it sounds like with some restorative activities (your hiking, cooking, music) you are on the right track even if it doesn’t feel like it.