THE APRIL 18TH TAX DEADLINE IS APPROACHING FAST
DON'T FORGET TO CLAIM YOUR R&D TAX CREDIT! BOOK A CALL TODAY
00
Days
00
hours
00
min
00
sec
Even as we’ve watched the Federal R&D Credit become more widely known by founders and CFOs, many innovative companies still don’t state 38 states offer their own State R&D Credit for companies. This is tax law built specifically to incentivize innovative companies like yours to, well, innovate. Not claiming it is just leaving money on the table…
Sachin Sood, CFO at CRV, has leveraged a foundation in taxes, a laser-focused work ethic, and a love of diving deep into issues into a fascinating career on the finance side of some of the most successful companies in the world. He's continued to learn every step of the way. "Now, I’m in a role where all the skill sets are needed,” he tells us.
You’re not an accountant, but for founders, CFOs, and CEOs, understanding the language of taxes can help you strategize from a position of strength. So, we’re proud to present “The Language of R&D Taxes, Translated”, a helpful cheat sheet from your friends at Neo.Tax :)
See how neo.tax can increase runway and make you complIant
Schedule a DemoEven as we’ve watched the Federal R&D Credit become more widely known by founders and CFOs, many innovative companies still don’t state 38 states offer their own State R&D Credit for companies. This is tax law built specifically to incentivize innovative companies like yours to, well, innovate. Not claiming it is just leaving money on the table…
Text LinkEducation Series
Sachin Sood, CFO at CRV, has leveraged a foundation in taxes, a laser-focused work ethic, and a love of diving deep into issues into a fascinating career on the finance side of some of the most successful companies in the world. He's continued to learn every step of the way. "Now, I’m in a role where all the skill sets are needed,” he tells us.
Text LinkCF0to1
You’re not an accountant, but for founders, CFOs, and CEOs, understanding the language of taxes can help you strategize from a position of strength. So, we’re proud to present “The Language of R&D Taxes, Translated”, a helpful cheat sheet from your friends at Neo.Tax :)
Text LinkBlog
How much is an R&D credit really worth to your business? Here are four examples based on real companies to give you a better sense of the massive value of filing for the credit with Neo.Tax.
Text LinkNeo.Tax
Even though R&D Capitalization was passed into law back in 2017, almost everyone expected the massive tax law change to be repealed before it ever took effect. But for the last year-plus, we’ve been preparing for the possibility — which has become a reality — that R&D Capitalization is here to stay (at least for now). So, without further ado, Neo.Tax presents: A Simple Guide to R&D Capitalization…
Text LinkNeo.Tax
Extending runway has never been more important than at this precarious financial moment. And changes to the tax code that just went into place mean that tax strategy will be the difference between massive bills and valuable credits this April. Good accounting is an essential part of building a valuable innovative business. Neo.Tax x Bench can make it effortless for you!
Text LinkProduct
Neo.Tax was selected by Products That Count, Mighty Capital, and Capgemini as one of the Best Products for Product Managers!
Text LinkNeo.Tax
How does someone become VP of Finance and Capital Markets at Ramp, the finance automation platform helping over 13,000 businesses save time and money? “Right place, right time,” Alex Song says. “It can look like everything was deliberate, but I kind of got lucky with this opportunity.” If you believe that, we have a bridge to sell you…
Text LinkCF0to1
The tax code is changing, for better or for worse. You need trustworthy data to understand engineering costs and determine what should be capitalized/amortized. New solutions can ensure automated, trustworthy data and make recommendations to ensure tax optimization and compliance. Jellyfish and Neo.Tax are here to answer your questions about ALL of this.
Text LinkIndustry News
Neo.Tax, an early leader in simplifying and automating taxes for startups and businesses, today announced the launch of Neo.Tax 2023, a new software update to its signature platform. Specifically designed to address this year’s new federal tax codes, the platform will help to ensure that businesses not only remain in compliance but are able to maximize R&D deductions and optimize their tax strategy.
Text LinkNeo.Tax
In the first of our CF0to1 series, we spoke with Mercury's VP of Finance Daniel Kang, a member of Neo.Tax's CFO Advisory Board. His career has taken him from banking to private equity to tech giant to fintech startups and has overlapped with some of the most fascinating companies and business minds in the space. “It's kind of weird but there's a point where you feel like, ‘Man, all my life experiences have led me to this point.’”
Text LinkCF0to1
Neo.Tax’s mission is to use tax to turn finance into a strategic lever for growing companies. In our experience, the savviest finance leaders appreciate the novelty of our approach. That’s why we’re so excited to announce the launch of our Neo.Tax CFO Advisory Council! The best tools are a symbiosis of great minds and great technology; so, we’re putting together an Avengers-level tax brain trust over at Neo.Tax…
Text LinkNeo.Tax
At Neo.Tax, we’ve been preparing for months for the eventuality that Congress wouldn't strike a deal to end R&D Capitalization. We view it as our duty to make taxes work for innovative companies, so we’re proud to say that Neo.Tax has the only software solution that can cover all aspects of R&D tax strategy: from credits to amortization, and everything in between.
Text LinkBlog
The most unpopular tax time bomb just went off... what can you do about it?
Text LinkBlog
During the rollout of his signature corporate tax cut, the Tax Cut and Jobs Act of 2017, President Donald Trump argued that his plan would stop U.S. companies from offshoring their work overseas. But according to Reuters, it failed to curtail the flow of American jobs abroad…
Text LinkBlog
Every pollster and cable news talkinghead predicted a Red Wave: the Republicans would take back the House and the Senate—the only question was by how wide a margin. But then, Election Day came, and the Democrats outperformed both expectations and the historical…
Text LinkBlog
We’ve heard the stresses of the current inflationary moment explained in a lot of ways—through the rise in gas prices, the cost of Thanksgiving dinner, and the exorbitant increase in mortgage rates—but a recent LinkedIn post by Tomasz Tunguz framed it in a way every founder should pay attention to…
Text LinkBlog
As Q3 earnings reports emerge, a new reality is coming into focus. Meta’s disappointing projections sent the social media giant’s share price to free fall, which captured most of the headlines. Analysts focused on runaway spending and the hit to their ad business, but there is another factor which Meta was already focused on as early…
Text LinkBlog
Just like every other startup, we had our fingers crossed that Congress would come together to undo the new R&D Capitalization rules before they take effect next tax year. But, unfortunately, it seems as though the new reality is here to stay (at least for now). We built Neo.Tax to...
Text LinkBlog
Neo.Tax is now the primary service provider for Bench's R&D tax credit clients! Our goal at Neo.Tax is to make sure every innovative startup receives the money they’re owed. More than $12 billion worth of R&D tax credits were claimed in 2014, but a significant portion of that money went...
Text LinkNeo.Tax
You didn’t found your company because you always dreamed of navigating a constantly shifting tax landscape—but that doesn’t mean you get to ignore it. So, here’s an R&D Capitalization cheatsheet from your tax wonk friends at Neo.Tax.… So, uh, what do Amortization and Capitalization Mean? Fair question! Capitalization can be...
Text LinkIndustry News
Tax law is rarely popular, especially with both sides of the aisle. But the R&D tax credit has done the unthinkable: change the tax code to appeal to everyone, by incentivizing innovation within the United States. Every 1-2 years since it was created in 1981, the R&D tax credit has...
Text LinkBlog
when congress extended r&d credits to startups in 2016, a deal had to be struck. a bargain that had to counterbalance the giving of money to startups, with some way of recouping that money (or more) via taxes. “ok fine, we’ll give startups up to $250k for their investments in product development, but...
Text LinkBlog
we’ll give you the bad news first startups can no longer deduct (aka subtract) r&d expenses from revenue. for software or product development costs, you now have to capitalize (aka spread them out) over 5 years if they’re domestic, and over 15 years if they’re foreign (aka offshore). because of something called...
Text LinkBlog
By Neo.Tax Team So you’re a startup and believe the best way to get the help you need to build your company is with independent contractors... hmmm, interesting. It’s your company, so we’re not here to tell you how to run it, just that you’re missing out on up...
Text LinkBlog
By Neo.Tax Team 5 min read Stephen Yarbrough is the epitome of a founder who is walking the walk. And if you’re asking, can he talk the talk? Stephen is a veteran of The Big 4 and the IRS… enough said. Despite his resume, what really stands out...
Text LinkEducation Series