July 4, 2025 wasn’t just the last Independence Day before the United States’s upcoming Semiquincentennial. It was also a historic day because it cemented one of the biggest pieces of legislation in recent history. The formerly named One Big Beautiful Bill Act (OBBBA)...
New York City has established itself as a global leader in technology and biotech innovation, fostering an ecosystem that supports startups and established companies alike. A key initiative driving this growth is the NYC Innovation Hot Spot program—a state-backed...
Qualified Small Business Stock (QSBS) is a significant tax incentive designed to encourage investment in small businesses. Introduced under Section 1202 of the Internal Revenue Code, QSBS allows non-corporate investors to exclude up to 100% of their capital gains from...
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...
As the April 15, 2025, deadline for filing corporate tax returns approaches, many businesses, especially early-stage technology companies, may find themselves in need of additional time to gather necessary financial records and finalize their tax filings. Fortunately,...
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....
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...
Founders, as you embark on making sure your tech company is compliant with all of its tax obligations in 2024, a host of deadlines are upcoming for you and your finance team to navigate, which involve information returns (W2s, 1099s, and other reporting). For ...
As the year races past us, it’s nearly time to start preparing to close your books on 2024. And once you do, you’ll need to hand them over to the IRS fairly shortly. While April 2025 might feel like it’s a long way off right now, it can approach quickly. That’s...