November 16, 2021 Press Release: Accountalent and eTaxConnect Join Forces to Offer R&D Studies to Software Startups
Accountalent is excited to announce its acquisition of eTaxConnect, an R&D study firm. Leading up to the acquisition, Accountalent has been providing income tax compliance for thousands of startups. Accountalent is excited to be joining forces with eTaxConnect to offer income tax compliance and an R&D study, all under one roof.
“With the eTaxConnect acquisition, Accountalent is looking forward to offering our clients a startup-friendly, end-to-end combined product that includes our unBookkeeper service, tax returns, and an R&D study,” said Accountalent founder Joe Faris. “The eTaxConnect Study is far superior and more IRS-compliant than the studies offered by the ‘usual suspect’ R&D study firms. It is also the only study that is offered at startup-friendly prices. Accountalent’s clients received $20M in PATH Act refundable R&D Credits for tax year 2020.”
eTaxConnect specializes in R&D studies for software companies and is looking forward to bringing its expertise in the space under the Accountalent umbrella. With the addition of R&D studies, Accountalent is now offering a combined, flat-fee product that will include its core income tax, unBookkeeper, and an R&D study for just $4,950.
“For the past three years, eTaxConnect has been proud to pioneer audit-ready and startup-friendly R&D studies for software companies,” said Michael Melia of eTaxConnect. “We have been privileged to help hundreds of startup companies get access to millions of dollars of refundable R&D tax credits. We are excited to be joining forces with Accountalent to help a broader network of software startups. We share Accountalent’s mission to give startup companies access to best-practice tax compliance with upfront prices and a tax team that has our clients’ backs.”
In addition to the new, combined product, Accountalent will continue to offer its traditional tax compliance and accounting service for $1,950, and an R&D study for $3,450. Current and future clients who take advantage of the combined package will save $450.
About Accountalent Management Corp.: Accountalent is the ‘go-to’ tax and accounting solution for startups, providing best-practice, fixed-price services to startups. Accountalent has worked with 3,000+ startups across the U.S., including ClassPass, Casper, BollyX, and more.
About eTaxConnect: eTaxConnect pioneered affordable, quality R&D Studies for software startup companies, providing comprehensive and detailed studies for a flat fee.