Thanks to the extraordinary efforts of the scientific and entrepreneurial community in spreading the word about the new Tax Code Section 174 regulations requiring capitalization of Research & Experimentation expenses, the letter to Congress now has OVER 300 CO-SIGNERS from 41 STATES and the District of Columbia!
The word is getting out about the URGENT NEED for Congress to act immediately to protect our most innovative companies and entrepreneurs from an extraordinary tax burden that they cannot afford to pay. With tax deadlines rapidly approaching, today is the final day to co-sign the letter to Congress, so that there is sufficient time to circulate it among legislators and convey the urgency of immediate action.
We would love to reach 500 co-signers from all 50 states! If you haven’t done so already, please consider adding your signature, and please spread the word within your network. States that are not represented currently include: Alaska, Delaware, Idaho, Montana, Nevada, New Hampshire, North Dakota, West Virginia and Wyoming.
The final deadline to sign the letter is midnight tonight (3/1).