R&D Credit Basics for Startups

  How has the R&D Credit changed? Before 2016, the R&D Credit had to be taken against taxable income – most startups do not have taxable income, so it was nice, but no immediate benefit. For tax year 2016 (returns filed in 2017) and onward, there...

Read More...
Beware of The IRS 1099-K Startup Trap

    1099-K: Clearing up the Confusion If you’re a startup company who receives payments for your goods and services through credit card merchant accounts or third-party processors, then you’ve likely received one or more Form 1099-K’s. And if you’re like many recipients, you may have given them...

Read More...
Do I Need to File an 83(b) Election Form?

There is no requirement to file an 83(b) Election Form. By default, the IRS assumes that you have not filed it. The IRS taxes Restricted Stock (stock that vests over time) using a “pay me now or pay me later” method. By filing an 83(b) Election...

Read More...
What Happens If You Do Not File an 83(b) Election?

There is no requirement to file an 83(b) Election Form.  By default, the IRS assumes that you have not filed it. The IRS taxes Restricted Stock (stock that vests over time) using a “pay me now or pay me later” method.  By not filing an 83(b)...

Read More...