Founder's CPA

How does cryptocurrency affect taxes? 💵 On a basic level, it’s essential to know that the IRS treats cryptocurrency as property; whenever you sell or exchange cryptocurrency, these are all considered to be a taxable event. 📈 https://hubs.li/Q039ZYkB0 #crypto #founderscpa #taxes

✨Metric Monday: MRR - Resurrected 🧟 MRR gained from previously churned customers re-subscribing to see success in re-engaging lost customers. 🧐 Find it by summing the MRR from customers who have reactivated their subscriptions after cancelling 😍 #kpi #mrr #metricmonday

Handling startup taxes may be scary,😱 but if you follow this guide, you can file your taxes with confidence. Read more to find out how! 🤩 https://hubs.li/Q038H1Ww0 #taxes #startuptaxes #founderscpa

😀Setting a clear target profit margin enables businesses to plan their pricing strategy, manage their expenses, and make informed decisions about investments in new products or services. 📄 It is crucial for achieving financial success and long-term sustainability in today’s competitive business landscape.📈 https://hubs.li/Q038H1pH0 #profitmargin #founderscpa

What should I do if I haven’t filed/reported crypto activity yet? 📑 What triggers a taxable event? 🤔 How are NFTs Taxed if I am a collector? 🖼️ Find the answers here 👉 https://hubs.li/Q038GJn-0 #crypto #faq #founderscpa

📈S-corporations are pass-through entities. 💼 One of the advantages of choosing an S-corporation is that business income is not taxed at the entity level. Instead, the individual shareholders pay business income taxes for an S-corp on their individual tax returns. 📝 https://hubs.li/Q038GTBZ0 #scorp #taxreturn #founderscpa

💰Cash reserve is an amount a business holds to pay for short-term needs and emergencies. The right amount of cash reserves depends on various factors, and business size, industry, and stage play a role. 💵😱 Find out more https://hubs.li/Q038H8GX0 #cashreserve #founderscpa

✨Metric Monday: Logo Retention - Cohorted 👥 It tracks logo retention within specific cohorts over time to understand how different customer segments retain. 🕰️ Find it by taking the count in the cohort by total count at the start of the period 📅 #metricmonday #kpi #cohort

🤔Financial modeling is the abstract representation of a company's economic performance. It's very much like storytelling with numbers. 🔢 A practical model must be clear, coherent, and compelling to complete the job. 📚 https://hubs.li/Q037GB4s0 #financialmodel #founderscpa

Your tax strategy should be a proactive part of your overall business planning. 📈 Integrating tax considerations into your decision-making processes allows you to position your startup for success and sustainable growth. 🤩💰 https://hubs.li/Q037Gyz30 #tax #startup #founderscpa