Ask HN: Good accountant/Tax Advisor for early stage pre-revenue startup
1 comments
Where are you located/incorporated? Your pre-revenue income taxes (state/local/federal) will be zero, but you may have to pay franchise taxes or moral equivalents to them. In California that would be about $800 a year or so.
I don't have a recommendation for an accountant, as the only ones I talk to did not need me to tell them to Charge More, but if I can give you two desiderata for finding them: a) you want someone who is at least technically aware enough to understand the broad strokes of the business you're in and work with e.g. SaaS that you use to communicate and b) you want someone who proactively identifies improvements to your business rather than someone who is just a really expensive UI to a Quickbooks instance.
I don't have a recommendation for an accountant, as the only ones I talk to did not need me to tell them to Charge More, but if I can give you two desiderata for finding them: a) you want someone who is at least technically aware enough to understand the broad strokes of the business you're in and work with e.g. SaaS that you use to communicate and b) you want someone who proactively identifies improvements to your business rather than someone who is just a really expensive UI to a Quickbooks instance.
Thanks. I agree. This is where I'm having troubles. Everyone I'm finding doesn't isn't inspiring confidence in their ability to handle startup taxes well.
Any ballpark estimate on how much should annual taxes cost would also be very helpful.
Thanks