Accounting Blog

Our deep knowledge of accounting and tax issues in the Technology Industry gives you a competitive advantage.
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...

read more
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...

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...

read more
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...

read more
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...

read more
What are SAFE Agreements?

What are SAFE Agreements?

A relatively new tool has come into founders’ hands: simple agreements for future equity, or SAFEs. But are they, as the name suggests, simple? Not necessarily.  They’re still worth wrapping your head around, though, because SAFEs could give you a way to get the...

read more
What are Convertible Notes?

What are Convertible Notes?

Finding investors for your early-stage startup can feel particularly challenging. When you’re working with what might amount to little more than a good idea and a basic product, it’s hard to quantify. And yet, so much of startup financing hinges on getting a valuation...

read more
2023 Chart of Accounts for Tech Founders

2023 Chart of Accounts for Tech Founders

When compared to traditional small businesses, early-stage technology startups have nuances that they need to consider when putting together their financial statements and chart of accounts. Often, I find that entrepreneurs have used a financial model to assist them...

read more
COGS in SaaS: Understanding Cost of Goods Sold

COGS in SaaS: Understanding Cost of Goods Sold

Unlike e-commerce businesses and manufacturers, software-as-a-service (SaaS) companies usually don’t have inventory in the traditional sense. Instead, modern software is delivered to customers through the rental of servers and cloud storage services, where the...

read more
Remote Work Benefits

Remote Work Benefits

https://youtu.be/bnT00cxOPek   A remote workforce can deliver a whole host of benefits to employers, from reduced overhead to the ability to tap into a broader (and potentially more skilled) employee pool. It can also help boost employee satisfaction and support...

read more
Meet Our Staff: Elias Bardis

Meet Our Staff: Elias Bardis

As our ShayCPA team grows, we've had the opportunity to bring some fantastic talent onboard. Elias is no exception. We'd like to give you the chance to get to know him a little better in our latest edition of the Meet Our Staff feature.  Elias joined us at the very...

read more
Meet Our Staff: Grace Tsou

Meet Our Staff: Grace Tsou

Lots of kids dread going to math class — but Grace has always been different. She’s had what she calls an “amicable relationship” with numbers since her youth. That made her a perfect fit for a career in accounting.  As our longest-tenured staff accountant here at...

read more
Meet Our Staff: Nina Lopez-Ortiz

Meet Our Staff: Nina Lopez-Ortiz

Here at ShayCPA, we strive to deliver a personalized experience. We know that finances are a source of stress for a lot of tech startup founders, and we want to help alleviate that with our dedicated expertise and our friendly approach. With that in mind, we want to...

read more
Our Team is Bill.com Certified

Our Team is Bill.com Certified

Let SHAY CPA P.C. help your startup with its A/P and A/R process. Each of our accounting staff members is certified in using Bill.com which helps set up a process for payments. This is great for companies that need a simple process for bill-pay/receivables management,...

read more
Meet Our Team

Meet Our Team

In my three years of experience at Shay CPA, I’ve worked with many different tech companies and founders, from newly formed start-up companies to large publicly traded corporations. Working with these different companies allowed me to observe and learn about the tech...

read more

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

What is an 83(b) election?

What is an 83(b) election?

As a founder, you get one of the biggest perks through equity in your company. In your early days, you probably aren’t raking in a huge salary or taking sizable owner draws. But you can still be padding your pockets through your shares in your company. While these...

read more
6 Year-End Tax Planning Tips for 2023

6 Year-End Tax Planning Tips for 2023

As the year wraps up, it’s time to start making that list and checking it twice. No, it’s not your holiday gift list. It’s your year-end tax planning to-dos.  Taking some time to get yourself sorted could mean thousands of dollars of savings between your startup’s...

read more
Passing the Four-Part R&D Tax Credit Test

Passing the Four-Part R&D Tax Credit Test

Who wouldn’t want to cut their tax bill by as much as $500,000?  It’s no surprise, then, that a lot of companies — especially startups trying to extend their runway as much as possible — explore the R&D tax credit. Technically called the Credit for Increasing...

read more
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...

read more
Don’t Let New York’s Franchise Tax Sneak Up On You

Don’t Let New York’s Franchise Tax Sneak Up On You

When you think about taxes, you probably directly associate the money that goes out to tax authorities with the money that’s come in. Take sales tax as an example. The more you sell, the more you’re going to pay. Income tax isn’t so different: the more you earn, the...

read more
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...

read more
How to Claim R&D Credits During Clinical Trials

How to Claim R&D Credits During Clinical Trials

Because our team here at ShayCPA specializes in providing accounting services to tech companies, we spend a lot of time working with Section 41 of the Internal Revenue Code. IRC § 41 is what makes it possible to claim a tax credit for research and development,...

read more