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Check all the latest from Accountalent! Press releases, reactions to the news, and our latest thoughts on everything that could impact your business. See something you like? Reach out and let us know!

Accountalent 2021 Philanthropy Year-in-Review
As 2021 draws to a close, the Accountalent team wants to take a chance to highlight a few of…
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…
How Peter Thiel saved millions in taxes and so can other startup founders
Peter Thiel has been making headlines the past couple of weeks over leaked data obtained by ProPublica. ProPublica’s report…
Employee Retention Credit for Pre-Revenue Startups
The Employee Retention Credit (ERC) is a refundable credit worth $7K per employee per quarter for each 2021 quarter….
Section 139 Plans: Startups BEWARE
One of the Bay Area “usual suspects” is at it again – this time pushing “Section 139 Plans.” IRS…
Recovery Startup Business: RIP OFF ALERT – How to take advantage of this credit
Are you a Recovery Startup Business? You might be and not even know it. The Employee Retention Credit (ERC)…
Startups Beware: The R&D Credit Study Deception
We have prepared tax returns for over 3,000 early-stage startups and see many R&D Credit Studies done by newly-formed…
What is the California Water’s Edge Election?
What is the California Water’s Edge Election? And should your startup use it? Many startups we work with operate…
Stimulus Bill Quiz: PPP and ERC
Over the past few weeks, Accountalent has been sharing the latest updates on the most recent stimulus bill, including:…
Strategies to maximize PPP2 and Employee Retention Credit
The new stimulus bill includes a fresh round of PPP, but the MOST important part of the bill is…
PPP Loan and Employee Retention Credit: Your top 5 questions answered
Accountalent is breaking down the latest stimulus bill – specifically the PPP Loan and Employee Retention Credit – into…
How the latest Stimulus Bill will impact your startup
Last night, Congress came to an agreement on the latest Stimulus Bill (finally). In it are a couple key…
The BEST tax deduction for Self-Employed (2020 update)
Attention self-employed with children under 18 years old: we have a great tax deduction for you that could reduce…
“Our startup is moving from California to Texas – What do we need to do?”
Since COVID, we receive several emails per week with this exact question about a startup moving out of the…
How one founder could pay no taxes on a $196M gain with a ROTH IRA
When it comes to the topic of wealth preservation, there is no shortage of strategies. One method startup founders…
What does a President Biden mean for the R&D Credit for startups? Here’s our prediction.
Will a President Biden change the R&D Credit for startups? The answer is maybe. Biden and his campaign have…
California startups beware: Moving your business out of The Golden State might not be such a golden idea…
A lot has happened since the start of 2020. More companies and employees than ever are working remotely. Since…
7 Ways Your Taxes Will Change Under a President Biden
Calling all startups and startup founders: now that the election is almost finalized, the time to start tax planning…
How To Choose a Firm For Your Software Startup R&D Credit Study
What is an R&D Credit Study?  Look at it as a form of “insurance” if the IRS audits your…
NY Taxes Out-of-State COVID-19 Health Care Volunteers
New York chose not to give any NY State Tax relief to the thousands of out-of-state health care workers…
Got PPP? Now You Only Have 70% of PPP – the IRS Haircut
On Thursday, April 30th, the IRS one-upped Congress regarding the taxability of the Paycheck Protection Program (PPP) Loan forgiveness….
Startups: Not Doing PPP? Do “Workshare” – It Can be a Better Deal Than PPP
For those startups that missed the Paycheck Protection Program (PPP) and need to now reduce burn, but do not…
Tuesday, April 21st: PPP 2.0. Great Comments from PPP Facebook Group
PPP just got another $250B – do not wait. Apply immediately. Below are some very interesting and insightful comments…
What is unBookkeeper?
unBookkeeper is Accountalent’s bookkeeping solution for early stage startups. unBookkeeper – what’s the story with the un? Un means…
PPP For Startups – What We Have Learned the First Week
The Paycheck Protection Program (PPP) is a week old.  This is what we have learned in the first week:…
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…
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…
Hiring Interns this Summer? Useful Tips for Startup Companies — From the ‘Go To’ Tax and Accounting CPAs
  Hiring unpaid interns is a great idea, but it can be a legal minefield: There are more than…
Just Filed my 83(b) Election Form – What Happens Next?
If you just mailed your 83(b) Election Form to the IRS, do not expect anything to happen. The IRS…
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…
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…
What is an 83(b) Election?
An 83(b) Election Form is a written statement to the IRS telling them that you have been granted Restricted…
These Five Things Will Land a Startup Founder in Jail
Not remitting payroll taxes. “Cash flow is tight and a financing is just around the corner – I will…
So You Sold Your Startup for $50M – Why You Netted $19M, and How You Could Have Netted $32M
Congratulations! This is it. Every entrepreneur’s dream is now your reality. You built your business from scratch and now,…
$1.7M Mistake for FILING an 83(b)
This is a very rare case when FILING an 83(b) Election made a bad situation worse: Got a call…
Do It Yourself Guide to Prepare Your Startup’s Taxes
OK,  you have a startup (let’s assume a DE C Corp) and are low on funds.  You would like…
Boomer: Millennials Will Be the Next Greatest Generation
I know Millennials very well – my tax practice has exclusively serviced 1,500+ tech startups that are all founded…
How to Dissolve a DE Corporation/Startup for Dummies
Unfortunately, not all startups survive.  When it is apparent that your early stage startup will not survive, there are…
How Sam Walton Taught Zuckerberg a Trick To Save His Kids $250M in Taxes
The Facebook, Twitter, LinkedIn founders saved their children about $1B in taxes.  Zuckerberg, alone, saved about $250M in taxes….
The Five Tax “DO NOTs” for Startups
1.    Doing your own payroll. • Do not even think twice about this one. Zen Payroll costs about $30…
Tax Deadlines for Startups
Most entrepreneurs who form an LLC or incorporate a business are not aware of their tax and government filing…
83(b) Elections For Dummies
First, a few basics: If you have stock options, you do not need to file an 83(b) Election Form,…
The Best Kept Secret – How Your State Will Fund Your Startup’s Cash Flow Gap
Smartco Corp is a 2-year old startup that recently started selling product to a few large customers. They have…
The Dumbest and Most Dangerous Startup Financing
Dumbo Corp is a 2-year old startup that recently started selling product to a few large customers.  They have…
You Incorporated Yesterday, Ten Things You Need To Do Today…
Well, maybe not today, but certainly within the next month. Get an Employer Identification Number (EIN) from the IRS. …
VC Term Sheet Lingo
To help those legalese challenged, we took the 10 most common terms found in a typical Venture Capital (VC)…
How to Negotiate your Equity Compensation in VC-Backed Startups
In our work at venture-backed startups, we are amazed at how hard new employees will negotiate pay, benefits, workspace,…
UPDATE: Carried Interest. Inter-Partner Loans
As a follow-up to our recent post regarding the proposals to tax carried interest as ordinary income, there is…
Carried Interest Tax Debate: Here We Go Again
President Obama released his FY2013 budget plan on Monday, February 13, 2012.  As expected, it contained the usual assaults…
Stop! Think Before You Incorporate
We work with a lot of college student entrepreneurs, young entrepreneurs and first-time entrepreneurs.  We are often asked “..should…
International Taxation Hot Issue – Repatriation
“…$1.4 trillion of corporate cash is trapped overseas…” “…Corporate America needs a tax holiday to repatriate these funds…” What…
UPDATE: Tax Plan Square Off: Romney vs. Santorum vs. Gingrich
After we published our blog on the Romney vs. Santorum tax plans, we were inundated with requests to add…
Tax Plan Square Off: Romney vs. Santorum
Following the Iowa Presidential Caucus in early January, 2012 where only 8 votes separated candidates Mitt Romney and Rick…
IRS Targets Family Real Estate Transfers
It is not uncommon for family members to transfer (technically a gift, often subject to Gift Tax in the…
The Payroll Tax Debate – Simplified
What is the present payroll tax cut debate all about and how does it affect workers and businesses? If…
PA Governor Slaps Consumers, Online Retailers and the US and PA Constitutions in the Face
Facts: The US Constitution’s Due Process and Commerce clauses prohibit states from inhibiting the free flow of commerce between…
Why Amazon.com Supports the Online Sales Tax
For years, Amazon.com opposed collecting state sales tax on sales to states where they did not have a physical…
Investors and Entrepreneurs: Incorporate before 2012 to get 100% Capital Gain Exclusion
Under the Job Creation Act of 2010, you can exclude 100% of your capital gain (including no Alternative Minimum…

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