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SaaS Revenue Recognition

SaaS Revenue Recognition

It goes without saying that accurately recognizing revenue is important to understanding your business’ financial health. While you might have a good grasp on revenue recognition, things get a bit trickier in a software-as-a-service (SaaS) business. Revenue in this...
Know Your Tax Deadlines: When to File

Know Your Tax Deadlines: When to File

For most of us, completed tax returns are due to the Internal Revenue Service on April 15 every year. Every Form 1040, 1065, 1120, and Schedule C – along with any payments due – must be postmarked and on their way to the regional processing center on that date. But if...
Term Sheet Definitions Explained

Term Sheet Definitions Explained

As the founder of a startup, there are likely a number of objectives you have for your company. From becoming a household name to making a substantial profit, you have your eye on the end goal and are working diligently to get there. However, it’s tough to make it in...
The Best Cloud Based Accounting Software

The Best Cloud Based Accounting Software

One of the fundamental ways to ensure a startup will thrive is to have a solid handle on your company’s financial information. Whether you’re a two-person team or you’re growing rapidly, the need for a clear monetary roadmap is essential. If you run a startup in the...
Back-Office Software & Technology Trends for 2020

Back-Office Software & Technology Trends for 2020

Keeping up in the tech industry is challenging, and there are always new tools to try to help you stay ahead — notable examples include apps and services like Trello, Asana, and Notion, but the list is growing. On one hand, this means startups have a plethora of tools...
Understanding the Revenue Recognition Principle

Understanding the Revenue Recognition Principle

If you own and operate a startup, you know that the whole of your operation centers on your ability to generate and collect on revenue. While there are practical measures designed to make this process simpler, there’s also a degree of theory that goes into the...
IRS Audit Triggers to Avoid

IRS Audit Triggers to Avoid

As 2019 comes to an end, businesses of all sizes face a yearly challenge: taxes. For startups, this can be a trying time. Small business and startups taxes are complicated, especially if you’re new to your industry, but it’s important to make sure all of your ducks...