When it comes to the topic of wealth preservation, there is no shortage of strategies. One method startup founders could take involves putting a percentage of their startup stock into a ROTH IRA retirement account to create a tax-advantaged nest egg. What is the ROTH IRA? The...
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Will a President Biden change the R&D Credit for startups? The answer is maybe. Biden and his campaign have not made any specific statements on the R&D Credit. Though, he has committed to greatly increasing federal spending–most likely through the Small Business Innovation Research (SBIR) program and...
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A lot has happened since the start of 2020. More companies and employees than ever are working remotely. Since the onset of COVID, several of the California startups we work with have moved their headquarters and employees from CA to another state (TX seems to...
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Calling all startups and startup founders: now that the election is almost finalized, the time to start tax planning is now. Although many specifics are not yet fully developed, here is what we know right now about how a President Biden plans to change your...
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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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