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When Should a Tech Startup Form a Company

Before a technology startup becomes a company, it spends a period of time as simply a project. The founding team is usually one or two individuals building and testing products as they try to validate a demand for them in the market. At some point, founders ask themselves: when is it time to turn this project into a company?
Adam Nyhan
ADAM NYHAN , BUSINESS ATTORNEY , PERKINS THOMPSON, P.A.
6 Sep 2022

News: 25% Foreign-owned corps in U.S. who missed filling form 5472

Did you miss filing form 5472 at some point? Normally this means big penalties that are nearly impossible to waive, but finally there is some relief. The IRS sent out a news blast today with some great news for corporations that file form 5472 - they are waiving penalties on late filed international information returns for 2019 and 2020. This is huge for corporations with foreign owners, as many have avoided filing for fear of the $25,000 per form penalty being assessed.
Crystal Stranger
CRYSTAL STRANGER , EA, INTERNATIONAL TAX DIRECTOR , GBS TAX & BOOKKEEPING
26 Aug 2022

25 Key Action Steps for Every Entrepreneur

Because you are undoubtedly raring to go out and change the world, I’m going to provide you with a crash checklist in “starting smart,” so that you can avoid the biggest, most bone-headed errors made by many bright-eyed and enthusiastic first-time founders.
David S. Rose
DAVID S. ROSE , FOUNDER AND CEO , GUST INC.
24 Aug 2022

Best Practices for a Successful Startup Advisory Board

Having worked with hundreds of founders and early-stage startups, I often hear questions in regards to setting up an Advisory Board. I will address some of the common questions I’ve heard over the years in this article and share some insights I’ve gained as both a founder and as an advisor.
Jefferickson
JEFF ERICKSON , FOUNDER OF THE STARTUP STACK , STARTUP STACK
19 Aug 2022

What Is Equity Crowdfunding

When you hear the word crowdfunding, the first image that jumps to mind is Kickstarter. We all know how this crowdfunding site works. You donate money to a company or cause, and in return you get early access to the product/service, SWAG, or a combination of both. With equity crowdfunding, individuals invest in startups and […]
Andrew Kussmaul
ANDREW KUSSMAUL , Startup and Venture Capital Attorney , Kussmaul Legal, PLLC.
5 Aug 2022
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