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Is Direct Listing the Smart Way to go Public for Silicon Valley?

SHOULD YOU BE CONSIDERING DIRECT LISTING?

If you are making headway to the markets anytime soon and fall under either of the following, the answer is probably “Yes.”

Venture capital backed startups no longer in the nascent stage and ready with the minimum viable product

Generally, at this stage the venture capitalists and early investors are looking to liquidate their stake to potential buyers and make outsized gains in the most efficient manner.

Income Tax Return

The 1040NR Tax Form for Non-Resident Aliens

The 1040NR is also required for individuals that file taxes on behalf of nonresident aliens. These may include representatives/agents, fiduciaries of a foreign national’s estate or trust, and the resident/person/foreign student/domestic fiduciary charged with the care of a non-resident foreign national or their property.

State of Delaware

Incorporating in the State of Delaware

Many businesses are incorporating in the state of Delaware, even if they are based somewhere else. But should you do it? For most companies, it makes more sense to incorporate in the state where the business operates, where the corporate office is located, or where the key employees are based. However, for larger companies, there can be numerous benefits to incorporating in the state of Delaware.rt-time employees?If you answer yes to both questions and you do not maintain an employer-sponsored retirement plan for your employees, you should know that California has a state mandated retirement plan known as CalSavers. This new California law promotes employee savings for retirement. Under this program, employers have no liability or fiduciary responsibilities. Further, employers have minimal administrative duties and are not responsible for administrative fees. 

Retirement

CalSavers: Complying with California’s Mandated Retirement Plan

Are you a California employer? Do you have more than five (5) full-time or part-time employees?If you answer yes to both questions and you do not maintain an employer-sponsored retirement plan for your employees, you should know that California has a state mandated retirement plan known as CalSavers. This new California law promotes employee savings for retirement. Under this program, employers have no liability or fiduciary responsibilities. Further, employers have minimal administrative duties and are not responsible for administrative fees. 

Mutual Funds

Taxes on Foreign Mutual Funds: Common Mistakes to Avoid

Many taxpayers know that American tax law requires US tax residents to report their worldwide income and assets on their US taxes.  However, some taxpayers are not aware that foreign mutual funds are classified as Passive Foreign Investment Companies (PFIC) and must be taxed accordingly. Failing to apply for ownership in foreign mutual funds can result in substantial penalties.

SP

Going the Extra Mile for Clients: Shailesh Patel in Accounting

Shailesh Patel is an Executive Director and Tax Professional in our firm’s Atlanta office. Shailesh Patel’s favorite part of working with clients is getting to build and maintain relationships. Shailesh says, “I always try to go the extra mile to make things happen for clients.” Most new clients come from existing client referrals, a fact …

Going the Extra Mile for Clients: Shailesh Patel in Accounting Read More »

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