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Professionals on the Move: Sept 2023

CPA Practice

TAG Alliances Welcomes Ray Polantz of Cohen & Company as New Advisory Board Member TAG Alliances, a leading multidisciplinary alliance of independent professional services firms, recently appointed Raymond Polantz, Tax Partner at Cohen & Company as its newest Advisory Board member.

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PR For Your Startup – Is the Right Time Now?

Shay CPA

It depends… Though every startup is different, there are some general criteria that a founder should consider when deciding whether it is time to engage in dedicated PR efforts. Premature Evaluation If a startup is still in its nascent stage, it may be too early to work with a PR firm. Late to the Party? Want to connect?

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2024 Tech Company Tax Tips

Shay CPA

Categorize Correctly A lot of startups pay for hosting services like Amazon Web Services (AWS). However, you should tag it as a “cost of services sold.” Enlist the right help Taxes can get complicated for any company, but they can be particularly tricky for tech startups. Investors like companies that use GAAP-based accounting.

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Job Titles That Help Your Business Claim R&D Tax Credits

Shay CPA

As a startup, you’re probably looking for every money-saving opportunity you can find. Talk with your accountant and they can help you identify work at your startup that counts as qualified research activity. Then, most startups either tag them in their internal storage system or file a copy in a separate folder.

Tax 52
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What’s the Difference Between a Controller and a CFO?

Shay CPA

When your tech startup is young and scrappy, people wear a lot of hats. In fact, as a startup, your company might dramatically benefit from the strategic guidance a CFO can offer. That’s why a lot of startups hire a fractional CFO. In fact, in its early days, you might have even overseen the company’s finances.

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Uber's Kalanick Pours $130M Into Ghost Kitchen Properties

PYMNTS

In making his new ghost kitchens startup CloudKitchens , ex- Uber Co-founder Travis Kalanick has become something of a real estate mogul, buying up 40 properties in two dozen cities, according to The Wall Street Journal. The concept behind CloudKitchens involves renting out space to businesses to prepare food for delivery.

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2023 Tech Company Tax Tips

Shay CPA

Categorize correctly A lot of startups pay for hosting services like Amazon Web Services (AWS). Actually, though, you should tag it as a “cost of services sold.” Enlist the right help Taxes can get complicated for any company, but they can be particularly tricky for tech startups. Plus, you risk them making a mistake.