As 2021 draws to a close, the Accountalent team wants to take a chance to highlight a few of the organizations and charities that our company supports throughout the year. While our team is 100% remote, we strive to donate to organizations in our local communities,...
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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...
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Peter Thiel has been making headlines the past couple of weeks over leaked data obtained by ProPublica. ProPublica's report claims Thiel’s Roth IRA was worth less than $2,000 in 1999, which then increased to more than $5 billion at the end of 2019. When Thiel turns...
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The Employee Retention Credit (ERC) is a refundable credit worth $7K per employee per quarter for each 2021 quarter. (Note: “refundable” means you get a check for the credit amount from the IRS. Yes, cold, hard cash!) To qualify, there needs to be a 20% reduction of...
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One of the Bay Area "usual suspects" is at it again – this time pushing "Section 139 Plans." IRS Section 139 states an employer can reimburse employees tax-free for "reasonable and necessary medical, temporary housing and transportation expense" they incur as a result of a disaster...
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Are you a Recovery Startup Business? You might be and not even know it. The Employee Retention Credit (ERC) continues to evolve, getting richer and crazier by the day. That means more money for your company IF you fall under the definition of a Recovery Startup...
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