More posts on "tax" Tag

Startup CEO Salary Report

Startup CEO Salary Report
Posted on Tue, 28 August 2018 by Healy Jones

One of the most common questions CEOs ask us at Kruze Consulting is: “How much should my salary be?” Since the Kruze team helps run startup’s books and payroll, it’s natural that we’d get this question. We looked at our payroll data for over 125 seed and venture-backed startups to come up with the answer.

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Q3 2018 Startup Tax Deadlines

Q3 2018 Startup Tax Deadlines
Posted on Tue, 21 August 2018 by Healy Jones

Unfortunately for startups in the United States, tax deadlines aren’t just in the spring. Beyond the April 15th deadline (it was actually April 17th in 2018), here are SOME of the other deadlines your startup needs to be aware of in the third quarter.

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Startup Alert: Supreme Court Rules on Sales Tax

Startup Alert: Supreme Court Rules on Sales Tax
Posted on Thu, 21 June 2018 by Stephen Yarbrough

The Supreme Court has overturned a 1992 precedent that allowed online businesses to only collect sales taxes in states where they had a “physical presence”. Today’s [South Dakota v. Wayfair, Inc.](https://www.supremecourt.gov/opinions/17pdf/17-494_j4el.pdf) ruling grants states broad authority to collect taxes from companies that have an “extensive virtual presence” even if they have no “physical presence” in that state.

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4 Reasons to Raise Venture Debt

4 Reasons to Raise Venture Debt
Posted on Tue, 8 May 2018 by Scott Orn

Today we're talking about four reasons to do ventured debt if you're a startup. Now, the most important one is to extend your runway and make sure you hit all the key milestones the company needs to raise its next round of capital.

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Why Do Startups Need a 409 Evaluation

Why Do Startups Need a 409 Evaluation
Posted on Fri, 9 February 2018 by Vanessa Kruze

The IRS wants you to have a 409A valuation so they can make sure that your common stock options have the appropriate strike price.

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Tax Reporting ISO and NQSO

Tax Reporting ISO and NQSO
Posted on Tue, 6 February 2018 by Vanessa Kruze

This is a big question that we get in December and January of each year. What should we be doing with all of those employees and contractors that you've given ISO's and NQSO's too?

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Startup Tax Return

Startup Tax Return
Posted on Tue, 6 February 2018 by Vanessa Kruze

How much should be a startup tax return cost?

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Section 382 Triggers

Section 382 Triggers
Posted on Tue, 6 February 2018 by Vanessa Kruze

Section 382 is a part of the IRS code that was developed about 20 or 30 years ago to limit corporations' use of their net operating losses to offset profits.

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SAAS Sales Tax

SAAS Sales Tax
Posted on Tue, 6 February 2018 by Venessa Kruze

SAAS sales tax does exist, it's not just for tangible goods. A couple of years ago various states put into place SAS sales tax.

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R&D Tax Credit Expense Categories

R&D Tax Credit Expense Categories
Posted on Tue, 6 February 2018 by Vanessa Kruze

If you haven't heard, R&D tax credits have really changed dramatically over the past couple of years.

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Delaware Franchise Tax

Delaware Franchise Tax
Posted on Tue, 6 February 2018 by Vanessa Kruze

There are three really important things that you need to keep in mind when you're filing Delaware franchise tax.

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California Statement of Information

California Statement of Information
Posted on Tue, 6 February 2018 by Venessa Kruze

There are three really important things to think about when you're considering filing a California Statements of Information.

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California Franchise Tax

California Franchise Tax
Posted on Tue, 6 February 2018 by Vanessa Kruze

There are three really important things to keep in mind when you're thinking about California Franchise Tax, so let's go ahead and go over them.

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1099 IRS Forms

1099 IRS Forms
Posted on Tue, 6 February 2018 by Vanessa Kruze

1099s are an IRS form that you've got to get out to your contractors by January 31st.

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1099 IRS Forms

1099 IRS Forms
Posted on Tue, 6 February 2018 by Vanessa Kruze

1099s are an IRS form that you've got to get out to your contractors by January 31st.

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Featured Service - Trucks Venture Capital

Featured Service - Trucks Venture Capital
Posted on Fri, 26 January 2018 by Scott Orn

Trucks Venture Capital funds the entrepreneurs building the future of transportation.

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Featured Service - Super Fast Business

Featured Service - Super Fast Business
Posted on Fri, 26 January 2018 by Scott Orn

Super Fast Business is a business resource designed to help you as an online business owner make more while working less.

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Featured Service - Square 1 Bank

Featured Service - Square 1 Bank
Posted on Fri, 26 January 2018 by Scott Orn

Growing companies is what they do. From early stage to IPO and beyond.

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Featured Service - Silver Telegram

Featured Service - Silver Telegram
Posted on Fri, 26 January 2018 by Scott Orn

A PR agency specializing in launching startups, growing lean organizations and crowdfunding campaigns.

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Featured Service - Sequoia

Featured Service - Sequoia
Posted on Fri, 26 January 2018 by Scott Orn

Sequoia is the service partner for people-first companies.

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Featured Service - Republic.co

Featured Service - Republic.co
Posted on Fri, 26 January 2018 by Scott Orn

For the first time in history, now the majority of the US population can invest in tech startups.

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Featured Service - Ranchod Law Group

Featured Service - Ranchod Law Group
Posted on Fri, 26 January 2018 by Scott Orn

The Ranchod Law Group is an immigration law firm in Sacramento California that provides a complete range of immigration law services for individuals and employers throughout the United States and worldwide.

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Featured Service - Hitch Partners

Featured Service - Hitch Partners
Posted on Fri, 26 January 2018 by Scott Orn

Hitch Partners is a retained search consulting firm that partners with technology companies on mission-critical leadership roles focused on security.

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Featured Service - Capshare

Featured Service - Capshare
Posted on Fri, 26 January 2018 by Scott Orn

Issue stock today and manage all your equity in one place without getting bogged down in spreadsheets and paperwork.

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Featured Service - Bridge Bank

Featured Service - Bridge Bank
Posted on Fri, 26 January 2018 by Scott Orn

Bridge Bank was founded in the highly competitive climate of Silicon Valley in 2001, and continues to provide a full suite of professional business banking services.

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Featured Service - Bonusly

Featured Service - Bonusly
Posted on Fri, 26 January 2018 by Scott Orn

They are building the future of employee recognition, rewards, and reviews. Bonusly integrates seamlessly with your organization's HR and communication tools.

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Featured Service - Bill.com

Featured Service - Bill.com
Posted on Fri, 26 January 2018 by Scott Orn

Creating Magically Simple Business Payments.

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Introducing KruzeTax - Startup Tax Returns

Introducing KruzeTax - Startup Tax Returns
Posted on Thu, 25 January 2018 by Scott Orn

Tax Season is upon us! Instead of using a local CPA firm (way too expensive & no Startup expertise), check out KruzeTax.com.

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What is the best and cheapest registered agent in Delaware that has experience with tech startups?

What is the best and cheapest registered agent in Delaware that has experience with tech startups?
Posted on Wed, 3 January 2018 by Vanessa Kruze

I’m going to expand this question a bit…Why does a startup need to have a Registered Agent in Delaware?

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Do bootstrapped startups actually pay taxes?

Do bootstrapped startups actually pay taxes?
Posted on Wed, 3 January 2018 by Vanessa Kruze

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.

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2018 New Tax Laws & How they Affect Startups

2018 New Tax Laws & How they Affect Startups
Posted on Wed, 3 January 2018 by Stephen Yarbrough

The Good, The Bad and The Ugly.

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Featured Service - UrbanSitter

Featured Service - UrbanSitter
Posted on Fri, 8 December 2017 by Scott Orn

UrbanSitter helps you find Babysitters, Nannies, and Child-Care.

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Featured Service - Pana

Featured Service - Pana
Posted on Fri, 8 December 2017 by Scott Orn

Pana combines mobile app technology and virtual travel assistants to make travel easy.

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Featured Service - Hugo

Featured Service - Hugo
Posted on Fri, 8 December 2017 by Scott Orn

Hugo is the smartest place for your team’s meeting notes, and we can guarantee that it is because we have been happily using it at Kruze Consulting with amazing results.

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Featured Service - Fleetsmith

Featured Service - Fleetsmith
Posted on Fri, 8 December 2017 by Scott Orn

Fleetsmith is the new Cloud Based Mac Management Software that will change the way you work.

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Featured Service - Emburse

Featured Service - Emburse
Posted on Fri, 8 December 2017 by Scott Orn

Emburse's virtual cards and expense management system is truly amazing for keeping expenses within your company well organized and controlled.

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What Startup's Accounts on the Balance Sheet Need to be Reconciled

What Startup's Accounts on the Balance Sheet Need to be Reconciled
Posted on Tue, 14 November 2017 by Vanessa Kruze

The punch line here is that every single account on the balance sheet needs to be reconciled, not just the bank and the credit cards.

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Startup's Due Diligence Information Venture Lenders Ask For

Startup's Due Diligence Information Venture Lenders Ask For
Posted on Tue, 14 November 2017 by Scott Orn

The first thing they're going to ask for is your historical financials.

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IRS Audits and Startups

IRS Audits and Startups
Posted on Tue, 14 November 2017 by Vanessa Kruze

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?

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Financial Modeling Basics for Startups

Financial Modeling Basics for Startups
Posted on Tue, 14 November 2017 by Jim Gellas

There are really five things. First of which, you do need three years worth of projections.

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Best Systems for Paying your Startup's International Contractors

Best Systems for Paying your Startup's International Contractors
Posted on Tue, 14 November 2017 by Scott Orn

We typically recommend Bill.com, but they don't do the international.

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Why Should Startups Use Bill.com

Why Should Startups Use Bill.com
Posted on Thu, 9 November 2017 by Vanessa Kruze

There are really three main reasons why you absolutely want to be using Bill.com.

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Why Do Startups Take Venture Debt?

Why Do Startups Take Venture Debt?
Posted on Thu, 9 November 2017 by Scott Orn

At Kruze Consulting, we get tons of questions about venture debt. Should a startup take it? Is it good for the startup?

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Warrant Coverage Venture Loans

Warrant Coverage Venture Loans
Posted on Thu, 9 November 2017 by Scott Orn

The rationale for a warrant coverage or a little bit of equity upside for the lender is that they're taking a lot of risk here.

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Investor Abandonment Clause on Venture Debt

Investor Abandonment Clause on Venture Debt
Posted on Thu, 9 November 2017 by Scott Orn

We're mainly referring to investor abandonment and venture debt term sheets.

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What Startup Systems to Set Up First?

What Startup Systems to Set Up First?
Posted on Wed, 25 October 2017 by Vanessa Kruze

We help venture back startups with everything from accounting, finance, tax, and HR. One of the biggest questions that we get from our new founders is what systems they should set up.

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Bookings vs Revenue

Bookings vs Revenue
Posted on Wed, 25 October 2017 by Scott Orn

At Kruze Consulting, we get tons of questions about the difference between bookings and revenue.

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2017 Startup Tax Compliance Calendar

2017 Startup Tax Compliance Calendar
Posted on Sun, 15 January 2017 by Vanessa Kruze

It's 2017 and time to start Tax Planning for your Startup! Don't worry, we've done all the work for you by creating customized 2017 Startup Tax Compliance Calendars for Startups based in San Francisco, New York, Palo Alto and Santa Monica.

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2016 Tax Compliance Calendar for Startups

2016 Tax Compliance Calendar for Startups
Posted on Fri, 8 January 2016 by Scott Orn

Happy New Year Startups! Concerned about your 2016 Tax Deadlines? We've done the work for you with this complete 2016 Tax Compliance Calendar.

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The Recent Flurry of IRS Change of Address Notifications

The Recent Flurry of IRS Change of Address Notifications
Posted on Tue, 8 September 2015 by Scott Orn

Over the past week you may have received a Change of Address notice from the IRS. We called the IRS about this and discovered that the IRS added another line to everyone's address block (%ABCInc - see the Kruze version in the photo above). This extra line triggered a Change of Address for everyone including at least 20+ Kruze Consulting clients.

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Startup CFO Tax Checklist: Key Dates for 2015 Taxes

Startup CFO Tax Checklist: Key Dates for 2015 Taxes
Posted on Wed, 1 July 2015 by Vanessa Kruze

As the Consulting CFO and CPA to over 70 venture backed startups, the most common question I get asked every January is, “What do we need to do about taxes? What about this Delaware Annual Filing? And SF Payroll Tax Expense?” So about this time every year I send out a customized road map to all of my clients that details everything they can expect for the coming year. I wanted to share this “cheat sheet” with you, but keep in mind that this is just a “cheat sheet.” Please reach out to me or your local CPA about tax filings that are specific to your business…because every startup is unique!

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