CPA Practice

DECEMBER 19, 2023

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. In addition, incorporating, of course, establishes their legal separation from the business’s liabilities sooner, which protects their personal finances from the business’s debts.

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Shay CPA

FEBRUARY 10, 2025

million in grant income in 2024 (accrual accounting). This can create a significant, unexpected tax liability, even if the startup has no commercial revenue. While Section 174 costs still must be capitalized, accrual accounting often reduces mismatches compared to the cash method for grant-funded research.

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accrual accounting Tax CPA payroll tax 52

CPA Practice

OCTOBER 18, 2023

Some states have higher corporate income tax rates, while others offer lower rates or no tax at all. Additionally, examine personal income tax rates and sales tax rates, as they can affect both your business revenue and personal finances — both of which can also impact your ability to attract and retain talent.

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business tax Tax Alaska South Dakota 59

Shay CPA

DECEMBER 2, 2022

Founders – check out our tips below that can save your Startup thousands of dollars in Income Taxes, Payroll Taxes, Sales Taxes, and foreign taxes. . R&D Tax Credits: Did you know that if your startup conducts R&D activities it can qualify for up to $500,000 in Payroll Tax Credits?

Tax 59

Tax Technology CPA tax planning 59

Shay CPA

JANUARY 11, 2023

Again, that means you don’t need to establish an entity in the country in which you hire an employee, and you can rest easy knowing Deel’s local experts will maintain compliance with applicable local payroll tax law. . The post Deel vs. Remote: Your Guide to International Payroll appeared first on Shay CPA.

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