Due to the sudden explosion of remote work, companies are quite commonly asking us if they should reduce the salaries of employees that move to a geography with a lower cost of living.
For founders, picking a payroll system, and knowing how to compare the options, presents an important decision that will matter a lot over time.
1099s are a pain - somewhat mindless paperwork every startup needs to send to their contractors and many vendors like law firms.
Yes, even bootstrapped pre-revenue startups must pay taxes. You might not be subject to Income Taxes (which are based on profitability) but you will still be subject to a wide variety of other taxes which aren’t always connected to Revenue.
What can I do to make sure that I am prepared for an IRS audit? Ultimately, how can I make sure that I don't get it to an IRS audit situation?
How much can your startup save in payroll taxes?
Estimate your R&D tax credit using our free calculator.
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