5 days ago
- Business
- Wall Street Journal
No More Offshore. Startups Look to Spend and Hire in U.S. Due to Trump Tax Change
Tech startups are dusting off U.S. hiring plans after Congress revived a popular tax deduction—and the same change could drive domestic hiring more broadly as well, executives and tax professionals say.
Finta, a San Francisco-based tax-and-accounting software startup with fewer than a dozen employees, plans to fill five positions, including software engineers, in the U.S. instead of abroad by the end of the year, founder Andy Wang said. 'The change makes domestic R&D far more attractive.'