Latest Posts
Form 944: What do startups need to know?
Form 944: What do startups need to know? IRS Form 944, also known as the Employer's Annual
Federal Tax Return, is a tax form designed for certain small employers that have been notified by the IRS to file this form annually instead of filing Form 941 quarterly.
Published on Sun, 12 November 2023
What is Form 1095-B?
For startup employers who offer health coverage to their employees, Form 1095-B communicates details about the health insurance they provide. It includes information about the individuals covered under the plan, including employees, their spouses, and dependents. The form also indicates the length of time for which the coverage was in effect during the tax year.
Published on Sun, 12 November 2023
VC Funds: Ratio of Distributions to Paid-in Capital
The ratio of distributions to paid-in capital (DPI) is used to measure the total capital that a venture capital fund has returned to its investors. It’s calculated by dividing the cumulative distributions by the amount of capital invested in a VC fund.
Published on Sun, 12 November 2023
Reporting startup health insurance: Form 1095-C
Startups with 50 or more full-time employees, including full-time equivalent employees, use IRS Form 1095-C to report information about the health coverage they offer to their employees. This form is a key component of the Affordable Care Act (ACA) compliance requirements for applicable large employers (ALEs).
Published on Sat, 11 November 2023
Form 1099: Everything You Need to Know
1099 forms, W-9, tax forms, independent contractors, freelancers, non-employee compensation. Learn who needs a 1099 and how to understand your tax documents.
Published on Sat, 11 November 2023
Can Founders Pay Themselves Through an LLC?
While startup founders can pay themselves through an LLC, the Internal Revenue Service (IRS) doesn’t particularly like it. If you’re a founder considering this option, you should know that you may get extra attention from the IRS.
Published on Sun, 5 November 2023
Should Startup Founders Share Bank Statements Via Email?
With this question, there are different factors at play. There’s what we recommend and there is also what happens in reality when founders are busy and end up resorting to the quickest method.
Published on Sun, 29 October 2023
What Are Insured Cash Sweeps for FDIC Insured Deposits?
Insured Cash Sweep (ICS) accounts have been around for a while, but the recent Silicon Valley Bank (SVB) crisis has made a lot of founders look more closely at this banking option for their startups.
Published on Thu, 26 October 2023
The 'Masters Exemption': A Guide for Startup Founders on Renting Your Own Home to Your Business Tax-Free
The 'Masters Exemption' (also known as the Augusta Exemption or Augusta Rule) allows startup founders to rent their homes to their startups - for legitimate businesses purposes only - for short periods and reap tax benefits.
Published on Wed, 25 October 2023
Should Startup Founders Take Vacation?
The unequivocal answer to this question is yes! Startup founders should absolutely take vacations no matter how much pressure they may feel, and there are multiple reasons for this.
Published on Sun, 22 October 2023
Unified Accounting and Tax
Why Startups Choose Kruze for Unified Accounting and Tax.
Published on Sun, 15 October 2023
How a Downround is Actually a Compliment
Obviously, no one wants to do a downround. It means you raised money at a valuation that was too high, and you didn't execute your promises as well as you said you would.
Published on Sun, 8 October 2023
How to claim your R&D tax credit
Learn how to claim your R&D tax credit and save money on your taxes. Our R&D calculator can help you estimate your savings. Find out how federal incentives can benefit your startup and offset payroll tax liabilities. Consult an R&D tax credit expert for a stress-free process and ensure you collect all necessary documentation.
Published on Tue, 3 October 2023
How Should Startups Structure Their Finance Department?
Startups change a lot over time and it is important that their finance function adapts with those changes.
Published on Sun, 1 October 2023
Is angel investing tax deductible?
While sometimes it may feel like you’re giving money to charity as an angel investor, that’s not how it works for tax purposes.
Published on Thu, 28 September 2023
