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Navigating Tax Obligations for Startups: What You Need to Know

Startup Blogpost

Navigating Tax Obligations for Startups: What You Need to Know Navigating the complex landscape of startup taxation can be daunting, but with insights from CEOs and financial experts, startups can stay compliant and even save on taxes. The amount that you invest initially is referred to as your basis in any investment.

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4 Factors to Consider When Choosing a Business Structure

StartupNation

Your business entity impacts everything from taxes to daily operations. Partnership, owned by two or more people. If you’re starting your business with someone else, you can choose from: Partnership. Co-owners generally share control based on what’s outlined in the partnership agreement or corporate bylaws. .

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Everything An Angel Investor Should Know About The Corporate Transparency Act

Angel Capital Association

Big Picture The CTA is intended to assist law enforcement in combatting money laundering, tax fraud, financing of terrorism, and other illicit activity through anonymous shell and front companies. Companies formed before January 1, 2024 will have to file their initial reports with FinCEN no later than January 1, 2025.

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7 Important Tax Strategies for Startup Founders

Startup Blogpost

From including your team in deductibles to researching specific exemptions, here are seven answers to the question, “What are your most helpful tax strategies that every startup founder needs to be aware of?” Deducting these costs from taxes can help save a lot of money for your business in the long run.

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Crypto investors have 1099 problems, but Cointracker helps make sure filing taxes isn’t one

TechCrunch

The upcoming tax season is likely to prove particularly complex for crypto investors, many of whom will be paying taxes on their crypto holdings for the first time ever. Exchanges are doing their part to prepare for the impending filings. In the US, the crypto industry will also grapple with new rules in the recently-passed $1.2

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Beware the Tax Consequences of the Convertible Note

Angel Capital Association

However, the tax consequences of a convertible note have not been explored in as much depth. This blog post is an attempt to document the adverse tax effects that have surprised some investors. A Convertible Note is not Stock Angel investors are provided two potentially valuable tax benefits in certain cases.

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FTX processed billions monthly in Africa before going bust

TechCrunch

At least 30 employees across various departments were let go, while those who were left at the company had their salaries slashed by as much as 40%, according to people familiar with the matter. The news is, in part, connected to the downfall of crypto exchange FTX, according to chief executive officer Yele Bademosi.