inDinero Accounting
JANUARY 9, 2023
As a result, the first few years may see negative returns, and hence no income tax liability. However, this doesn’t mean you shouldn’t concern yourself with taxes. First of all, there are many other taxes – such as payroll tax, property tax, sales tax, and excise tax – to worry about.
inDinero Accounting
JANUARY 9, 2023
If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Getting into legal troubles. As a result, the first few years may see negative returns, and hence no income tax liability. Deferred Tax Credits. Equipment costs.
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