Accounting Blog

Our deep knowledge of accounting and tax issues in the Technology Industry gives you a competitive advantage.
Tax Filing Tips for VC-Backed Startups

Tax Filing Tips for VC-Backed Startups

By many accounts, it’s the least wonderful time of the year. As we venture from winter to spring, tax deadlines start to loom large. For a VC-backed startup, that means a fairly sizable list of to-dos. Don’t panic. Filing your company’s taxes could be easier than you...

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SaaS Success Starts with a Flawless Month-End Close

SaaS Success Starts with a Flawless Month-End Close

When it comes to SaaS companies, the month-end close isn’t just about numbers—it’s about people. A successful close requires not only the right tools and processes but also a skilled and collaborative team. This blog will explore the roles, workflows, and strategies...

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Staying Ahead of 2025: Accounting Tips

Staying Ahead of 2025: Accounting Tips

Each year, we like to tee up a few accounting tips. While there are absolutely some best practices all tech companies should deploy year after year, it’s also true that things change in the accounting world. As new regulation impacts taxes and new bookkeeping...

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BOI Update: Reporting Requirements On Pause

BOI Update: Reporting Requirements On Pause

Running any business comes with a small mountain of paperwork. There’s all the documentation you need to file at founding. You need to manage your annual filings with the IRS and applicable state tax authorities. You need to periodically renew registrations, licenses,...

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Achieving Efficient Financial Management in 2025

Achieving Efficient Financial Management in 2025

When we start planning for a new year, things often look rosy. We might set sweeping goals and make ambitious projections. Then, the reality of life settles in. As the year gets underway, the busyness that comes with running a business has probably already presented...

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Shutting Down Your Tech Company? Take These 5 Steps

Shutting Down Your Tech Company? Take These 5 Steps

Deciding to close down operations at a company you founded is never easy. This venture represents a lot of time, energy, and money. Shutting it down can feel like a major loss. At the same time, though, it might come with some measure of relief. By the time you’re...

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Gusto’s People Advisory Program: We’re Certified!

Gusto’s People Advisory Program: We’re Certified!

As accountants, we’re more than number-crunchers. We’re in the weeds with our clients, supporting them as they make decisions that shape the future of their companies. We routinely support startups with strategy and process development, laying the foundation they need...

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Shay CPA’s 3rd Annual Company NYC Retreat Recap

Shay CPA’s 3rd Annual Company NYC Retreat Recap

This year, Shay CPA hosted its third annual company retreat in the heart of New York City, an event packed with learning, connection, and celebration. From engaging presentations to immersive team-building workshops and a fun-filled final day, the retreat offered our...

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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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Celebrating a decade of excellence at Shay CPA!

Celebrating a decade of excellence at Shay CPA!

November 15th, 2013, was my last day at my full-time job at WNET-Channel 13. That day was a culmination of a three-year journey prior where I was moonlighting and creating my CPA firm on the side - nights, weekends, and even lunch hours. Leaving a full-time job was a...

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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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Tax Filing Tips for VC-Backed Startups

Tax Filing Tips for VC-Backed Startups

By many accounts, it’s the least wonderful time of the year. As we venture from winter to spring, tax deadlines start to loom large. For a VC-backed startup, that means a fairly sizable list of to-dos. Don’t panic. Filing your company’s taxes could be easier than you...

read more
Your Essential Guide to the Delaware Annual Filing | 2025

Your Essential Guide to the Delaware Annual Filing | 2025

Every corporation incorporated in Delaware must file an Annual Franchise Tax Report and pay franchise taxes. This requirement applies regardless of the company's activity level or income. Paying this tax ensures the corporation maintains good standing in the state....

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2025 Tech Company Tax Tips: Deadlines to Know

2025 Tech Company Tax Tips: Deadlines to Know

Financially speaking, these are uncertain times for businesses across the U.S. As the new administration ramps up, many folks are speculating about whether the Tax Cuts & Jobs Act (TCJA) will expire later this year or get an extension. Talks of tariffs are adding...

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Exercising Your Stock Options: Important Things to Consider

Exercising Your Stock Options: Important Things to Consider

As a founder, you’ve probably tied up a lot of your energy, time, and resources in your startup. Ideally, that’s going to pay some serious dividends through the years. In fact, if you’re thinking about that future payoff, you might be dreaming about the day you can...

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Achieving Efficient Financial Management in 2025

Achieving Efficient Financial Management in 2025

When we start planning for a new year, things often look rosy. We might set sweeping goals and make ambitious projections. Then, the reality of life settles in. As the year gets underway, the busyness that comes with running a business has probably already presented...

read more
Annual Budgeting & Forecasting Checklist

Annual Budgeting & Forecasting Checklist

Whether you’re a startup working with a fractional CFO or a well-established tech company with a fully built finance function, this is a particularly important time of year. As we get into 2025, some steps you take now can set you up for financial success. That said,...

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Fintech Foundations That Scale

Fintech Foundations That Scale

As technology gets increasingly useful, most company founders are encouraged to think about their tech stacks even early on. Basically, your stack is the grouping of software solutions you use at your company. It’s called a stack because, in an ideal world, those...

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Understanding Investor Information Rights

Understanding Investor Information Rights

When you’re in the beginning stages of getting your company off the ground, it’s tempting to promise investors the moon and stars in exchange for the capital you need. Without their money, after all, you’re going to have a much harder time turning your dream into a...

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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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Gusto vs. Justworks: A Closer Look

Gusto vs. Justworks: A Closer Look

Building a business has changed — and in a way that can make your life easier. Thanks to the latest software tools, it’s getting simpler to do things that used to be a huge time suck, like filing payroll and tracking employee work hours.  Before you can start wielding...

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Understanding the R&D Tax Credit for NOL Companies

Understanding the R&D Tax Credit for NOL Companies

The federal R&D tax credit is designed to incentivize companies engaged in qualified research activities. For early-stage companies without taxable income, the credit can be used to offset payroll taxes instead of income tax liability. However, this benefit isn’t...

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Updates to Section 174 and How They Impact Your Company

Updates to Section 174 and How They Impact Your Company

Back in 2017, as the holiday season was well underway, startups got what many consider the opposite of a gift. With the implementation of the Tax Cuts and Jobs Act (TCJA), companies lost the right to take a tax deduction for R&D expenses in the year in which those...

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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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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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Three Ways Game Developers Can Claim R&D Tax Credits

Three Ways Game Developers Can Claim R&D Tax Credits

Developing a game isn’t cheap. Even if you have a team of 3D modeling pros with lots of programming experience and heaps of creativity, the hours you’ll all dump into building your game are hours people expect to be paid. And even if your internal team can handle the...

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Job Titles That Help Your Business Claim R&D Tax Credits

Job Titles That Help Your Business Claim R&D Tax Credits

As a startup, you’re probably looking for every money-saving opportunity you can find. That’s particularly true when it comes to your taxes.  Even if you’re operating at a loss and don’t have a tax liability yet, tax credits matter. The U.S. Code allows you to carry...

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