Granted Stock Options? Filing an IRS Section 83b Election

Granted Stock Options? Filing an IRS Section 83b Election

Death & Taxes, But How Much In Taxes? When building or joining a new enterprise, we tend to get caught up in the most exciting and impactful aspects of our days.  What can I build now? Who can I sell to now? Who might invest in the business?  One thing we assume we can put off is thinking about our tax liabilities since any exit […]

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Your Accounting Should Be Utilizing R&D Tax Credits

Your Accounting Should Be Utilizing R&D Tax Credits

The Dollar for Dollar Benefit of Tax Credits With the startup market booming and large sums being spent on research and development (R&D), many newly profitable companies forget to look forward to the days of when they move from the red into the black.  Or when they become profitable, they forget to update their processes for their changing tax position.  Their accountants, after either not […]

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Accrual vs Cash-Basis Accounting

Accrual vs Cash-Basis Accounting

Accrual and cash-basis accounting are the two primary methods businesses use in tracking their income and expenses. However, depending on the size of your business and other factors, one accounting method may be better-suited than the other. By understanding the differences between each method, you can determine which is best for your company’s needs. Cash-Basis Accounting: Simple to implement, but can distort financials With cash-basis […]

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