House passes capital formation package
The Trump administration is reportedly exploring a new framework for patent fees and valuation.
Born to immigrant parents, Aidan Chau grew up around restaurants and saw firsthand the operational challenges they face. He built Maple, an Al phone answering service that handles orders and reservations so restaurant teams can stop missing phone calls and operate with greater efficiency. We sat down with Aidan to discuss building Maple, the potential implications of the New York RAISE Act, and how the right Al tools create jobs rather than replace them.
While Congress weighs proposals to reform federal broadband programs aimed at closing the digital divide, policymakers must carefully evaluate how imposing new fees on startups could impact the innovation ecosystem.
Deliveri is a logistics platform that helps customers lower costs and manage their shipping needs. Founded by Jason Brown and based in Cary, North Carolina, the company offers a multi-carrier shipping solution for e-commerce businesses in the U.S., with plans to expand this service into Latin America. We sat down with Jason to discuss his business, how recent changes to trade policies are impacting small businesses, the importance of the Qualified Small Business Stock (QSBS) exemption, and his future goals for Deliveri.
The Big Story: Tax bill sheds bad stock options provision. After a massive backlash from 600 startups, innovators, and investors, the Senate has dropped from its sweeping tax reform proposal a measure that would have taxed employees’ stock options when they’re vested instead of when they’re exercised.
After more than 600 startups, investors, and innovators from across the country wrote to lawmakers this week, warning about the devastating consequences of a proposed tax change that could hurt small companies competing for talent, Engine applauds the Senate Committee on Finance for recent modifications to the Senate Tax Plan.
The Big Story: Senate moves on SESTA. The Senate Commerce Committee will consider legislation next week that would change protections for Internet platforms that host users’ content.
The Big Story: 702 Moves on the Hill. Congress began the process of reauthorizing Section 702 of the Foreign Intelligence Surveillance Act, a controversial spying authority that the U.S. government says justifies the sweeping collection of online communications.
"Engine is proud to support the Support Our Startups Act, a bill that would reduce tax burdens on entrepreneurs in their first year of business. The bill from Sen. Tammy Baldwin (D-Wisc.) would help startups hit the ground running by increasing they amount they can write off as federal tax deductions in their first year.
The Big Story: House Takes Up Section 230 Debate. The discussions about Section 230 of the Communications Decency Act -- a foundational Internet law that protects Internet platforms from being held liable for the speech of their users -- and efforts to fight online sex trafficking have kicked off in the lower chamber.
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