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.
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.
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.
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.
Vannessa Kruze, CPA, answers the question 'Do bootstrapped startups actually pay taxes?' and discusses different types of taxes you may need to consider.
It’s really important that startups track their customer's addresses from the beginning. By not tracking customer addresses from the get-go, you can cause some real hassle down the line for your startup accounting team or your CPA
We are the experts at helping seed/VC-backed Delaware C-Corps with their accounting and finances!
Talk to an experienced accountant, not a generic sales person
$250M+ VC Funding Raised
"I had a great experience working with Kruze Consulting when we raised Series A. They know what VCs need to see, and how to present a startup’s books and finances. If you are going to raise venture capital, you need experts like Kruze."
Chris Mansi
CEO
Startup Venture Capital Assistance
With former venture capitalists on staff, our team is here to help you navigate the fundraising process and manage your board of directors
Scale Remote Operations & Team
"Kruze has supported us above and beyond basic accounting needs by ensuring we have everything we need to expand and support our team wherever they may be located"
Zack Fisch
Head of Operations & Legal
Clients who have worked with Kruze have collectively raised over $15 billion in VC funding.
We set startups up for fundrising success, and know how to work with the top VCs.
Experienced team helping you
Our account management team is staffed by CPAs and accountants who have, on average, 11 years of experience.
Grew from a 2-person startup to a NASDAQ listed public company.
"The Kruze team helped us grow from a 2-person startup to a NASDAQ listed public company in 2 years. We wouldn’t have gotten public without Kruze’s support. Anyone thinking of launching a startup should make Vanessa their first call!"