Early Stage Tech Company Taxes
Tech Company & Founder Taxes
Here at ShayCPA, we believe that our clients deserve the absolute best service we can provide. That’s why we’ve chosen to work exclusively with C corporations. Rather than spreading our expertise across different entity types, we’re focusing solely on delivering top-tier tax services for tech companies structured as C corps.
We know that early-stage tech company founders face a unique tax situation. We work to ensure you have the guidance and tax services you need to support your company’s growth while also protecting your personal assets. We can help you develop a tax plan that takes the distribution of your shares, various rounds of investment, employee stock options, and other key factors into account. We can also help you capitalize on federal R&D tax credits and state R&D incentives.
C Corporations
Services for C corporations
We can help you through any stage of your startup process, from forming your C corporation to dialing in your tax planning for the future.
Tech company benefits of structuring as a C corporation
A C corporation means your assets and the assets of any other founders, shareholders, and investors stay separate from your company’s income. This limits the liability for everyone involved. Plus, it gives you more options. S corporations, for example, can’t accept foreign investors, while C corporations can.
Additionally, with a C corporation, shareholders can reinvest profits in the company and, in doing so, secure a lower tax rate on that sum of money.
Finally, once you establish your C corporation, it operates flexibly as your company scales. The corporation stays in place even if ownership changes.
Here’s a quick overview of the services we offer:
C corp formation
We’ve chosen to work exclusively with C corporations because we’ve seen how beneficial this structure is for companies raising money from third-party investors, as well as startups that plan to eventually go public.
Our ShayCPA team can help you establish your C corp, assisting with everything from applying for your tax ID number to registering with the applicable state tax authorities. If you want to ensure you’re following best accounting practices to set your tech company up for success as you establish your corporation, we’re here.
Setting up Founders for Success
Tax & Accounting Services
We specialize in handling corporate tax filings for C corps. We can help you file the required Federal Form 1120, along with your estimated taxes and any relevant employment taxes.
We can also provide accounting services throughout the year to keep your dues paid and your books organized. That way, whenever a tax filing is due, we have all the information needed to prepare it — and you have funds allocated to avoid an unexpected financial burden for your company.
Case Study
Super
Super is a pre-seed pre-launch “friend-raising” platform founded in early 2020 by two friends in Brooklyn who believe there’s a better way for the everyday donor to support the causes they care about.
There are millions of charities, big and small committed to tackling our world’s most critical issues. But this vast selection can make it overwhelming for the everyday donor to find the right organizations to support. Inspired by the ETFs of the investing world, Super’s new giving solutions enable users to donate to curated collections of high-impact organizations managed by thought-leading activists, influencers, and communities.
The Super app empowers donors by giving them ways to stay updated on how funds are allocated, join community discussions, and measure the impact of their giving across all the causes they care about. Super puts giving on auto-pilot and maximizes the impact of every dollar of a donation.
So how does a small startup aiming to save the world one donation at a time deal with its first tax return? They hired a small team who has experience in the chaos that is pre-seed taxes, and we were able to answer questions like
- Do we qualify for the R&D credit?
- We didn’t make revenue last year. Does that mean we don’t need to pay taxes?
- My co-founder put $X into the business; how do we handle that?
“Akshay and the ShayCPA team made our annual tax filings a breeze. They work fast, they’re extremely knowledgeable, and overall an absolute pleasure to work.”
Tax Services Pricing
We offer tiered pricing for our tax services so you can choose the right option for your company’s specific needs this year:
Founding Year
Starting at
$1000
- Corporate Income Tax Filings
- Federal 1120*
- State Income Tax Filings (1) **
- Tax Extensions (included)
- Annual Tax Planning Consultation
*Does not include Foreign shareholders
**Additional State Filings billed starting at $500
Pre-Seed
Starting at
$1500
- Federal Corporate Income Tax Filing
- Delaware Franchise Tax Filing
- State Income Tax Filings (1)
- Tax Extensions (included)
- Additional State Filings billed starting at $500.
Seed
Starting at
$2500
- Federal Corporate Income Tax Filing
- Delaware Franchise Tax Filing
- State Income Tax Filings (2)
- 1099–NEC Filing (up to 5)
- Tax Extensions (included)
- Additional State Filings billed starting at $500.
Series A & Beyond
Based On Your Needs
Custom Quote
- Federal Corporate Income Tax Filing
- Delaware Franchise Tax Filing
- State Income Tax Filings (2)
- 1099-NEC filing (up to 10)
- Tax Extensions (included)
- Additional State Filings billed starting at $500.
Additional Tax Services
State and local taxes (SALT)
Beyond the corporate taxes to which your company is subject, we also provide services for any state and local taxes that apply to your startup. For example, we work with many tech companies incorporated in Delaware and support them with their Delaware Annual Filings.
Cross-border taxes
If you work with international investors or you plan to expand abroad, our cross-border tax expertise can help you comply with the complex applicable tax regulations. We have experience working with companies that have connections in Lebanon, Canada, the UK, South America, and various EU nations.
Our Process
1
Step 1: Contact Us
Get in touch and we’ll reach out to you to schedule a video call to better understand your tech company needs and prepare a custom quote.
2
Step 2: Onboarding
We’ll invite you to our secure client portal where you can use our easy to use onboarding checklist to get started. See general pricing guide here.
3
Step 3: Review
We schedule ongoing video calls with you to review your financials and ensure all of your tax compliance is taken care off.
If you’re ready to explore our tax services for tech company C corporations, don’t hesitate to contact our team today.