2020 Founder Optimism Survey
Time flies by quicker than you think, and we are already going through the second month of 2020. With new year, comes new goals for companies. So it is vital that you plan out in detail of how you want to improve your business for 2020. This year is full of...
Delaware Annual Filing Tips
The Delaware Annual Filing is due on March 1st, which is just a month from now. So make sure to be on the lookout for an email from your registered agent in Delaware. You can sometimes use their portal to file an entire annual report. You will need your file number,...
Akshay Shrimanker ‘s Thoughts on 2019 Practice Management Survey
Akshay Shrimanker, the founder of Shay CPA P.C, recently spoke with The CPA Journal about the 2019 Rosenberg Survey -- which focused on nationwide CPA firm statistics. He discussed multiple topics ranging from the age difference between partners and staff to...
Chart of Accounts for Tech Founders
Early-Stage technology startups have nuances compared to more traditional small businesses 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 in...
Year-end Tax Planning Tips for Tech Founders
Many early-stage founders feel they don’t need to worry about taxes for their tech startups since they are incurring losses, however, tech startups have exposure to taxes in many ways so without careful planning and consideration, you could leave your company...
Artificial Intelligence & Accounting
On November 14, Akshay Shrimanker of Shay CPA P.C. participated in a panel discussion about accounting and artificial intelligence hosted by Michael Guthammar inside the offices of 24SevenOffice. The panel also included 24SevenOffice CEO Stian Rustad and Westmusa Inc....
Tax Benefits of QETC Status
QUALIFIED EMERGING TECHNOLOGY COMPANIES (QETCS) Are you an early-stage technology startup based in New York State? If so read about the tax incentive below that is available. The company doesn’t necessarily need to be incorporated in New York to qualify as most...
Accounting/Financials + Tax 101 for Early Stage Startups
On Wednesday, October 23rd, Akshay Shrimanker of Shay CPA P.C. conducted an accounting, finance, and tax workshop for early-stage startups inside New Lab -- a coworking space in the Brooklyn Navy Yard which is home to over 130 startups and considered an oasis for...
Tax & Accounting 101 Workshop for Budding Entrepreneurs
Akshay Shrimanker, President of Shay CPA P.C., gave an accounting and tax workshop to small startups inside the Zahn Innovation Center at City College this past Thursday. The attendees to the workshop include Fitko, STEM Hive, Luxz, and Flora Mind -- who were all...