Startups

Employee Retention Tax Credit (ERTC): The Interplay of ERTC, PPP, and R&D Tax Credits

Leave a Comment / IRS Requirements, Startups / By

ERTC unlocks an opportunity for business owners to claim credit that is rightfully deserved. However, reading the fine print of the requirements to correctly claim this credit reveals a complexity that is quite confusing. What happens if a business has also received a PPP loan? What if a business is eligible for R&D tax credits? …

Employee Retention Tax Credit (ERTC): The Interplay of ERTC, PPP, and R&D Tax Credits Read More »

Employee Retention Tax Credit for Start-ups and Other Challenging Circumstances

Leave a Comment / IRS Requirements, Startups / By

As tough as the pandemic was for all, no one can deny that for those who launched a new business during the pandemic, working through the COVID-19 pandemic aftermath has been a herculean task. The American Rescue Plan acknowledges that starting a company at the onset or during the pandemic was extremely challenging and provides …

Employee Retention Tax Credit for Start-ups and Other Challenging Circumstances Read More »

Automating ASC 606 Revenue Recognition

Leave a Comment / R&D Tax Credit, Startups / By

Organizations that have already adopted the new revenue recognition standard (ASC 606) may have discovered that it was not a smooth transition. As with any type of change in the accounting standards/methods, there are deep rooted challenges to overcome; many layers of complexities must be sorted through to ensure your business complies with the Revenue …

Automating ASC 606 Revenue Recognition Read More »

How Tech Companies Can Qualify For R&D Tax Credit

Leave a Comment / R&D, R&D Tax Credit, Startups / By

In August 1981, the personal computer revolution was powering up; that’s when IBM released its first PC. This was the catalyst that inspired tremendous innovation in the IT and software arenas. After 2008, there was a major acceleration in the tech industry with an introduction of app-based services, utilization of big data, AI, and machine …

How Tech Companies Can Qualify For R&D Tax Credit Read More »

Outsourcing Accounting Services are Spurring Growth in Businesses of All Sizes

Leave a Comment / Outsourced CFO, Small Business, Startups / By

  In the early stages of your business, you are most likely fixated with marketing, growing revenue and becoming a reputable brand. These are all excellent facets of your organization that deserve your focus, but the cornerstone of any business is keeping an accurate track of your cash flow. Perhaps accounting is just not your …

Outsourcing Accounting Services are Spurring Growth in Businesses of All Sizes Read More »

Everything You Need To Know About Outsourcing CFO Services

Leave a Comment / Outsourced CFO, Small Business, Startups / By

When a SME owner tries to double up as both the CEO and CFO, there’s a high likelihood he/she will spread themself too thin and make hasty financial decisions with half-baked information pertaining to investments, cash flow and accounting processes. However, hiring an in-house CFO may not be a viable option always because of the …

Everything You Need To Know About Outsourcing CFO Services Read More »

Everything You Need To Know About R&D Tax Credits

Leave a Comment / Small Business, Startups / By

Did you know you could earn up to 13.5 cents of Research & Development (R&D) tax credit for every qualified dollar? If you answered no, you’re not alone. Most companies have either never heard of R&D tax credits, or if they are aware of it, they haven’t filed any claim so far because they assume …

Everything You Need To Know About R&D Tax Credits Read More »

Improve the Trajectory of Your Start-Up with Good Bookkeeping

Leave a Comment / Startups / By

Improve the Trajectory of Your Start-Up with Good Bookkeeping Successfully rising from a start-up to an established business is a matter of working your business model with maximum efficiency. In order to rise above ‘barely making it’ to ‘thriving business’, you can’t afford a single mismanaged financial decision. From well-filed taxes to efficient inventory management, …

Improve the Trajectory of Your Start-Up with Good Bookkeeping Read More »

How to Choose the Best Legal Structure for Your Start-up

Leave a Comment / Startups / By

The decision of how to structure your start-up is extremely important. While there are multiple options, there is no one best legal structure for any specific type of business. However, there is a best choice based on your specific goals. In order to make your decision, you will Taxes, Personal liability, Transferability, and Investor expectation. …

How to Choose the Best Legal Structure for Your Start-up Read More »

Scroll to Top