I’ve called around to a few local accountants who all seemed to be lacking in their knowledge of startup / SaaS taxation, or seemed otherwise uninterested in my business. Any advice for finding an accountant / CPA who is both knowledgeable of technology / startups / SaaS, yet can also handle the details about my specific geography (I am not in Silicon Valley, so while I could find a national / SV accountancy who satisfies the “knowledge of tech” requirement, they would likely not know much about taxes in my area). FWIW, I am operating as a single member LLC for now as I am not going for a huge VC-backed idea at the moment. I understand that this is treated as a disregarded entity for federal purposes, but need advice for state and local taxes / sales taxes. Then there is the question of “is a CPA or a lawyer the more appropriate person to ask about X?”. For example, do I need to register for a county vendor’s license if I sell software as a service? Would a CPA know that or is that more of a lawyer question? The county laws written in 90s-tech-inspired-legalese on the topic are unclear to my layman brain. Bonus points for good questions to ask as tests when determining who to work with. Extra bonus points for how much you pay for your accountant.
Story Published at: June 11, 2023 at 10:12PM
Story Published at: June 11, 2023 at 10:12PM