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mattharney

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[dead] 3 years ago

Given surprise tax bills generated by Section 174,

here is our emergency pod with @useneotax

(I have no affiliation w/ NeoTax)

Why this matters?

- Unprofitable tech co's can owe cash taxes - Profitable tech co's can see 4x tax bill - filing deadline = Tuesday 4/18

My (non-tax professional!) takeaways from the pod:

- best course of action = FILE EXTENSION

- Section 41 (aka R&D Tax Credit) could offset much of the Section 174 liability

- @useneotax has software tool that syncs with Netsuite / Quickbooks that can ballpark $

- consider booking NeoTax 30-min consultation: https://meetings.hubspot.com/ben-eachus/rd-capitalization?ut...

- update your board if tax $ owed are material surprise!

And as someone who hires contractors, 20 hours can be positive for your client.

Why? Lowers weekly management / feedback / “business decisions” needed to enable your work.

Hang in there.

Having been in your position, I know sometimes all you can do is hang in there and not much else.

You can never predict when the upturn will come...but it sounds like with some restorative activities (your hiking, cooking, music) you are on the right track even if it doesn’t feel like it.

I’m one.

Through SEAL, we fund academic research and take on impact campaigns on specific environmental initiatives.

We just called on financial institutions to create an environmental charity rewards card (a portion of your credit card rewards go to charity, not airline miles):

https://sealawards.com/eco-rewards/

The potential here is huge - could raise even more funding than Jeff Bezos $10 billion climate fund. And the consumer survey data (n - 3,000) is very encouraging.

Now the tough part is convincing them - if you want to help please visit https://ecorewardscard.com/sign-up/

My overall summary of social entrepreneurship: expensive (I subsidize this), hard....but really fun and rewarding.

SEEKING FREELANCER - San Diego, CA | Remote Position

We are hosting a SaaS Conference & Awards event on September 25th in San Francisco.

We are looking to hire an experience digital advertiser to help us acquire attendees through paid channels.

Event site is here: https://www.eventbrite.com/e/2019-appealie-saas-conference-s...

Event Background:

- Headline Ticket Price = $495 (comparable technology events in San Francisco closer to $800 or more; we want to deliver real value to build our brand going forward)

- Willing to offer ~20% discounts on tickets sold through ads

- Ad budget will depend on cost to acquire (CAC) - most likely total spend in range of $6,000 to $30,000

- High quality speaker list

- Target attendees work or invest in SaaS industry (titles: marketing, customer success, C-Level, founder, venture capitalist)

- Event will include brief presentation of our SaaS Awards, both for companies (see 2018: https://appealie.com/saas-awards-2018/) and individual leaders (best SaaS marketer, customer success executive, and investor).

If interested, please complete our brief Typeform:

https://awardsinput.typeform.com/to/VZ6unj

Thanks, Matt from APPEALIE