Successful entrepreneurs know that having a strong network behind them is critical. Done well, networking is hard but important work. There’s no shortage of mixers, parties, meetings, and lectures to attend, and most professionals, business owners, and job seekers...
There is no doubt that creating a tech startup is a monumental undertaking. Even if you have a new and innovative idea, translating this idea into a successful business requires a great deal of hard work and sacrifice. Although there are no shortcuts to accomplishing...
One of the most challenging taxation issues that technology companies face is sales tax. Unlike income tax, which is generally the same between federal tax and state tax, just at different rates, sales tax has a different base (some transactions may be taxable in one...
The Credit for Increasing Research Activities, or as it’s more commonly known, the Research and Development (R&D) credit, is a federal tax credit designed to benefit businesses who conduct certain qualifying R&D activities. With the passage of the Protecting...
Almost every business, whether a startup or an established company, has Intellectual Property (“IP”). IP provides your business with a competitive advantage. Examples include a name, logo, invention, customer list, or website, all of which are valuable business assets...
Founder Planning Early stage technology companies typically run into legal trouble when differences arise between founders regarding: Money Control Time commitments Vision And founder relationships go from bad to worse because: Founders delayed key formation decisions...
Human Resources (including payroll) is often one area that technology companies tend to neglect in their earliest stages. While many companies will have a payroll processor or a Professional Employer Organization (PEO), HR tends to fall to the responsibility of an...
In order to attract and retain qualified talents, technology companies often will use equity based compensation. This method of compensation is beneficial for technology companies for several reasons: 1. There is no out-of-pocket cash cost. 2. It aligns the goal of...
On October 17, 2017, the nonpartisan, nonprofit Tax Foundation released its “2018 State Business Tax Climate Index,” ranking New York as the state with the second-worst tax climate for businesses in America, ahead of only New Jersey. This marks the fourth consecutive...
