Tax Services for Startups
Stay in compliance every step of your startup journey
There’s no way around it: taxes are complicated and cumbersome — especially for startups doing business in the United States.
The airCFO tax practice was born from founder requests to offer the same high level of knowledge and best practices around Tax work that we provide for our Accounting and Fractional CFO Service clients.
Want to avoid potential pitfalls and take advantage of tax savings opportunities? Get started with a discovery call with the airCFO team:
How We Can Help
Federal Tax Planning and Compliance
R&D Tax Credit
State and Local Tax
Informational Tax Filings
International Filings and Structuring
Transaction Tax Planning
EXPERIENCED TAX EXPERTS, ON YOUR SIDE
Tax-Related Compliance, Filings and Advisory Services
Our team brings decades of public and private tax experience across many industries including tech, media, online retail, healthcare, and cannabis.
We go beyond simply filing taxes to deliver value-added strategies focused on providing business solutions. We analyze current tax rules, regulations, and other guidance to make sure you’re in compliance every step of your startup journey.
Top Tax Mistakes Made by Startup Founders
By Baixue Ma, Tax Lead
Entrepreneurs and the companies they create are utterly unique. But the mistakes they make when it comes to filing and paying business taxes aren’t usually as original.
It’s common for company founders to make the same missteps as the entrepreneurs who have come before them. Some of those errors can wind up being messy, expensive, and stressful. But in the labyrinth of business challenges that aren’t predictable, most problematic tax situations are entirely avoidable.
Utilize our expertise
Let us handle the nuances of GAAP accounting and all the software that comes with managing a company's financial functions
Our team will perfect your financial model and help prepare the financial documents required to keep your current investors happy and/or raise your next round
Free up valuable time
Outsource repetitive non-strategic accounting, finance, and tax tasks to
focus on growing your business
Delay hiring an expensive full-time CFO or accounting resource/team until you really need them
Gain peace of mind
No longer worry about compliance or deadlines, leave that to us
You're a good fit for airCFO if...
You've Raised Venture Capital or Have Traction
Most of our clients have raised at least $1MM or are generating over $500k ARR.
Your Company is a
The majority of the companies we work with are Delaware C-Corp entities, or are planning on becoming one.
You Want a Professional, Integrated Solution
We work with clients on an ongoing basis and act as an extension of your team.
"I've been working with airCFO for almost seven years and was introduced to airCFO by a friend and a founder who was a customer. When I met the folks of airCFO, I learned that I was able to get the perfect blend of a SaaS Solution and a real partner and advisor for building out the accounting and finance of TruSTAR. The best part of it is you really have this perfect blend of a technology solution that helps you close your books to do forecasting and projections."
-Patrick Coughlin, CEO & Co-Founder, TruSTAR (acq. Splunk)
"At the beginning of a startup and for a very long time, if there's a lot of work but not enough to hire a full-time finance person, it usually falls on the CEO to do that work. That takes away from the mind space to grow the business which is supposed to be the CEO's main workflow. By using a fractional finance service, specifically airCFO, I was able to free a lot of mental space to go focus on growing the team and product."
What makes an ideal airCFO client?
airCFO is for fast-growing startups who want to maintain a best-in-class back-office as they scale. For those startups able and willing to invest in their back office, we’ll be the best match for price and total value.
airCFO is best suited for startups looking for a long-term partner and willing to hand over some level of ownership and responsibility for your company’s back office. We can build, manage and own from the simple to the complex; from bookkeeping to fractional-CFO duties.
An ideal client has a budget of at least $1000/mo and is willing to invest more in the finance function as the company scales. We support most of our clients from day one through exit.
How does it work?
Based on needs we identify, we will partner your startup with one or more dedicated team members in your area(s) of need (i.e. accounting, financial advisory, tax and soon-to-be People Operations/HR).
Our team will have regular defined duties (e.g. weekly, monthly or annually) and you will also be able to scale up our hours as needed for any projects that come up during the year.
We don’t require long-term contracts, and we won’t put you on proprietary systems or software.
How long does it take to get started?
This depends on how much clean-up work is involved. If there is no material cleanup, most clients are materially through onboarding and will have their first deliverable from airCFO within 30 days from our onboarding call.
If there is a material clean up project such as going backward and cleaning up prior years, we will need more information.
What does it cost?
Our clients have a budget of at least $1000/month for airCFO, and most of our clients fall somewhere between $1,000 and $3,000 per month.
What commitment is required?
We request that you're looking for a long-term accounting and financial services solution when considering airCFO. Most of our clients work with us for 2-3+ years until they outgrow an outsourced solution and need to hire an in-house team.