Accounting Blog

Our deep knowledge of accounting and tax issues in the Technology Industry gives you a competitive advantage.
4 Bookkeeping Tips for Your Tech Company

4 Bookkeeping Tips for Your Tech Company

Earlier this year, we teed up some accounting tips to help set you up for success. Bookkeeping tips, then, might seem a little redundant. But there’s a key difference. Accounting requires some level of analysis of your company’s financial situation. Bookkeeping...

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5 Things to Know Before Working in Finance

5 Things to Know Before Working in Finance

If you want to make money, it helps to be where the money is. That’s a big part of the draw to a career in finance. The Bureau of Labor Statistics reports that the median annual wage for a person working in business and finance is $76,850, notably more than the...

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How to Build Your Finance Team

How to Build Your Finance Team

In your early days, one person can probably handle the entirety of your startup’s finance function. The right person with the right level of expertise can stay on top of key areas like payroll and taxes. At the same time, they can help you forecast and make strategic...

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Nexus 101: How Remote Employees Impact Your Taxes

Nexus 101: How Remote Employees Impact Your Taxes

You’ve probably thought through operating in other states to some extent. If you start selling your product or service across state lines, you might need to register with that state and pay sales tax there, for example. Ultimately, though, your company’s selling...

read more
R&D Credits for AI/ML Companies

R&D Credits for AI/ML Companies

If your company is leaning into the exploding opportunities created by artificial intelligence (AI) and machine learning (ML), you’re probably excited about what it could do for your business. Lots of people and companies are champing at the bit for AI/ML products and...

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Our 3 Top Accounting Trends for 2024

Our 3 Top Accounting Trends for 2024

2024 is already well underway, but we’re definitely still early enough into the year that it could go any direction. To help our team and clients prepare for what this year will bring, we’ve spent some time thinking about changes coming down the pipe.  As we zoomed...

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Budgeting for 2024 for Your Tech Company

Budgeting for 2024 for Your Tech Company

Think back to the earliest days of your startup. What started off as nothing more than an idea bloomed into a company. How did that happen? To a large extent, you can probably chalk it up to careful planning followed by diligent execution. With the new year about to...

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4 Bookkeeping Tips for Your Tech Company

4 Bookkeeping Tips for Your Tech Company

Earlier this year, we teed up some accounting tips to help set you up for success. Bookkeeping tips, then, might seem a little redundant. But there’s a key difference. Accounting requires some level of analysis of your company’s financial situation. Bookkeeping...

read more
5 Things to Know Before Working in Finance

5 Things to Know Before Working in Finance

If you want to make money, it helps to be where the money is. That’s a big part of the draw to a career in finance. The Bureau of Labor Statistics reports that the median annual wage for a person working in business and finance is $76,850, notably more than the...

read more
How to Build Your Finance Team

How to Build Your Finance Team

In your early days, one person can probably handle the entirety of your startup’s finance function. The right person with the right level of expertise can stay on top of key areas like payroll and taxes. At the same time, they can help you forecast and make strategic...

read more
How CorpNet Helps Startups with State Compliance

How CorpNet Helps Startups with State Compliance

Sometimes, running your business isn’t the hardest part of running your business. Instead, complying with state and federal regulations, from taxes to employer requirements, feels most burdensome.  Fortunately, you can pay someone else to handle that for you. And...

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What is a Fractional CFO?

What is a Fractional CFO?

A lot of pieces make up a successful startup: a great idea, an innovative team, willing investors — the list goes on. But at the end of the day, there’s one key component that can make or break everything else: your finances.  The way your organization manages its...

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What is a 409A Valuation?

What is a 409A Valuation?

Once your startup goes public, any and everyone can see what you’re worth. But when you’re private, you still want to have a way to know where you’re valued. Fortunately, you don’t have to fly blindly here. You can get a 409A valuation.  This valuation, which you...

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Thank You to Our Clients, Partners, and Team

Thank You to Our Clients, Partners, and Team

Over here at ShayCPA, we’ve grown and learned a lot over the course of 2023. As I look back, I have a lot of gratitude.  This year, there were quite a few different highlights. We had some amazing accomplishments, including hitting our ten-year anniversary. And we’ve...

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ShayCPA Looks Back on 2023

ShayCPA Looks Back on 2023

It’s been a busy year for our team — in the best possible way. We’ve had the opportunity to travel all around the country to participate in a handful of exciting events, from our own company retreat to industry favorites like TechCrunch Disrupt and QuickBooks...

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Tech Day- Founders Summit 2022

Tech Day- Founders Summit 2022

SHAY CPA P.C. sponsored TechDay HQ's 2022 Founder's Summit event in NYC. TechDay HQ's Founder's Summit is a highly focused conference designed exclusively for startup founders and their c-suite executives. The conference featured educational sessions presented by...

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2022 ShayCPA Quickbooks ProAdvisor Update

2022 ShayCPA Quickbooks ProAdvisor Update

When it comes to picking an accounting system for your technology company, Quickbooks is a great place to start.  ShayCPA’s team is Quickbooks Online Advanced Certified. What does that mean? Advanced Certification for the Quickbooks Online System requires our team to...

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Meet Our Staff: Megan Mahlstadt

Meet Our Staff: Megan Mahlstadt

In case you missed it, we’ve been using our blog page to introduce you to our ShayCPA team members. As we continue growing, it gives us an excellent opportunity to make sure you know the people who might be answering your email or phone call. Plus, it’s a chance to...

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Revenue Recognition for SaaS Companies

Revenue Recognition for SaaS Companies

Founders, as you embark on your journey of starting your SaaS-based business, one thing that will come up time and time again will be the concept of “revenue recognition.” That, of course, begs the question: what is revenue recognition?  In short, it’s the process of...

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What is Financial Due Diligence?

What is Financial Due Diligence?

When you’re trying to get people excited about your idea, it’s tempting to want to gild the lily. But startup founders should never put themselves in a position where they’ve overpromised only to underdeliver. It can — and almost always will — catch up to you because...

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What is a 409A Valuation?

What is a 409A Valuation?

Once your startup goes public, any and everyone can see what you’re worth. But when you’re private, you still want to have a way to know where you’re valued. Fortunately, you don’t have to fly blindly here. You can get a 409A valuation.  This valuation, which you...

read more
Exploring Different Types of Equity Grants

Exploring Different Types of Equity Grants

When you’re growing a business in its early phases, you’re usually anything but liquid. Not so very long ago, that presented a huge problem for founders. Did they burn through runway to offer competitive pay so they could lure the best employees? Or did they play it...

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PR For Your Startup – Is the Right Time Now?

PR For Your Startup – Is the Right Time Now?

By Scott Rosenblum As we head into 2024, founders might be reviewing revenue goals, hiring, operational costs, taxes, and marketing spending. Some may also be considering adding Public Relations to that spend to help build brand awareness.   Most founders hear that...

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Nexus 101: How Remote Employees Impact Your Taxes

Nexus 101: How Remote Employees Impact Your Taxes

You’ve probably thought through operating in other states to some extent. If you start selling your product or service across state lines, you might need to register with that state and pay sales tax there, for example. Ultimately, though, your company’s selling...

read more
Using Your R&D Tax Credit Against Payroll Taxes

Using Your R&D Tax Credit Against Payroll Taxes

As you wrapped up the 2023 books for your startup, you probably did some high-level financial review and analysis. Looking over key documents like your profit and loss statement, you get a better idea of what’s driving revenue — and where you’re spending.  For most...

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Tax Season 2024- Get Your Books Ready in 6 Steps

Tax Season 2024- Get Your Books Ready in 6 Steps

The start of a new year always feels fresh. You’re looking ahead and probably getting excited about everything your startup will accomplish in 2024. Don’t forget to look behind you, though. Even as you vision-cast for the year ahead, you need to wrap up the year...

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2024 Tech Company Tax Tips

2024 Tech Company Tax Tips

Does thinking about filing your taxes put some tension on your shoulders? If so, it’s probably because you’ve had a less-than-ideal filing experience in the past. And in most cases, those unwelcome filing instances come from surprises.  Or you might be feeling...

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