What is an R&D Credit Study? Look at it as a form of “insurance” if the IRS audits your tax return. Will not bore you with tax law, but the R&D Credit can now be monetized by startups – you can “cash it in” and get...
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New York chose not to give any NY State Tax relief to the thousands of out-of-state health care workers that responded to the Empire State’s plea to them to “please come help us in New York right now. We need relief”. Under NY tax law, if...
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On Thursday, April 30th, the IRS one-upped Congress regarding the taxability of the Paycheck Protection Program (PPP) Loan forgiveness. Congress wrote very specific language in the Act, EXCLUDING the loan forgiveness as taxable income. They wanted 100% of the loan be earmarked to pay employees and...
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For those startups that missed the Paycheck Protection Program (PPP) and need to now reduce burn, but do not want to lose their employees, “Workshare” is the PERFECT program for your startup and your employees. Workshare is a State program (CA, NY and MA have...
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PPP just got another $250B – do not wait. Apply immediately. Below are some very interesting and insightful comments made on the following PPP/EIDL Facebook groups in the last 24 hours. https://www.facebook.com/groups/navsbahub https://www.facebook.com/groups/2285081988461416 Divvy/Cross River PPP funded into my...
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unBookkeeper is Accountalent’s bookkeeping solution for early stage startups. unBookkeeper – what’s the story with the un? Un means “not”. We feel that early-stage startups may not need a bookkeeper, as bookkeeping has evolved and much of it can be done electronically. How does...
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