A good team is the backbone of any thriving company. And the rise of technology has made it easier than ever before to expand your hiring pool well outside the boundaries of your city or even your state. Before you seek out the best and the brightest, though, make...
When your tech startup is young and scrappy, people wear a lot of hats. In fact, in its early days, you might have even overseen the company’s finances. As you grow, though, you want to bring in people with the required expertise to continue scaling successfully. And...
As an early-stage tech company, expanding your operations overseas can provide access to new markets and tap into a global talent pool. However, hiring software developers and engineers in foreign countries requires having a transfer pricing agreement in place. ...
You’ve probably heard it before: cash is the lifeblood of a business. You need it running through your company’s veins to keep things functioning. Without it, you’ll struggle to do core things like pay employees and maintain your office space, let alone market your...
Last summer, we talked about some best practices for a tech company’s expense policy. If you read it, it probably got your wheels turning. As it turns out, solid — and IRS-compliant — expense management means a lot more than cutting a check for the amount of the...
In the grand scheme of things, layoffs can be a critical strategic move to help your company survive long-term. But if you’re in the middle of a round of layoffs or even considering them, it’s hard to get that high-level view. Layoffs are painful and can get...
As you grow your startup, you know you need to prioritize building the right team. And that means finding the right people with the right skill sets, which definitely isn’t easy. That gets even harder when you’re hiring for finance functions. You’re probably not an...
Akshay Shrimanker, our Founder and CEO, recently joined Blake Oliver, David Leary, and a panel of other accounting experts (Mike Moiśe CPA, Matthew May CPA, and Reynaldo Arellano CPA) on a special episode of the Cloud Accounting Podcast. With everything that’s been in...
Founders, for 2022, the threshold to issue a 1099-NEC remains $600 for payments made in the calendar year 2022. You must issue a 1099-NEC to the following: Services performed by someone who is not your employee (including parts/materials) – (box 1) Payments to an...