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The Benefits of Delayed Business Filings

CPA Practice

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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5 States with the Lowest Combined Business Taxes

CPA Practice

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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Founders – Get Huge Tax Breaks by acting now!

Shay CPA

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?

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Deel vs. Remote: Your Guide to International Payroll

Shay CPA

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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Navigating the Latest Section 174 R&D Capitalization Rules: What Founders Need to Know in 2025

Shay CPA

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.