[verdverm]

yup... everyone expected it to be repealed by now, but congress is utterly incapable of acting like adults right now

Here's the upvoted HN post from 11 months ago: https://news.ycombinator.com/item?id=34627712

I wanted to hire, but this stupid rule makes it rather unpalatable

[keepamovin]

i suppose one alternative for flexible companies is to reincorporate in another jurisdiction. i'm not going to jump ship yet as i think this might end up like the SVB debacle, where everyone gets spooked and 'takes steps to mitigate', but then ends up saved at the last minute.

i actually am in favor of this law strangely enough (see my comment from 39 days ago: https://news.ycombinator.com/item?id=38148161) as if you read it it's quite rational and brings software into line with other industries. what i'm hoping is they end up assessing it with a revenue test where it only applies to large enterprises (100M and above). i should be safe for a little while at least hahaha! :)

0: https://news.ycombinator.com/item?id=38120388 (Tell HN: Submit comments to IRS re tax treatment of software dev expenses, 227 comments)