There are good reasons to be optimistic heading into 2024. Startup founders are advised to remain patient, listen closely to the market, and stay on top of tax obligations.
In the realm of high-growth, venture-funded startups, the C-Corp reigns supreme. This article explains five reasons why.
The IRS recently provided new interim guidance around expense categories, contract research, and foreign R&D activities.
As of 2023, all states have enacted economic nexus legislation. Every business must understand state requirements and evaluate the tax implications.
Build a file organization structure and be disciplined about saving your files to streamline future due diligence and seize the opportunity.
Startups can face serious penalties for failing to comply with state sales tax laws. If you’ve fallen behind, help is available.
Startups can improve efficiency, reduce errors, and make better decisions by pairing emerging AI accounting tools with human accounting professionals.
Maintaining accurate and complete financial records is critical for compliance, business intelligence, and investor due diligence.
Do not assume that your product or service is non-taxable or that you’ve identified all your areas of potential tax liability.
As of January 1, 2022, domestic R&D claims must be amortized over a five-year period, or a 15-year period for international R&D claims.