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Startups need to get entity structure, R&D credits, stock option accounting, and founder compensation right from the beginning, before investors, auditors, or the IRS start asking questions.
Starting a company correctly is easier and cheaper than fixing mistakes later. The entity you choose, how you compensate founders, whether you issue stock options or SAFEs, and how you account for R&D spending all have tax and legal consequences that compound over time.
NJ startups at every stage, from day-one entity selection through growth-stage compliance, need to choose the right entity, maximize available tax credits, and build clean financial records that will withstand investor and acquirer due diligence.
Monaco CPA covers startup tax preparation, planning, and compliance from day-one entity selection through growth-stage reporting.
Personal Review
Start with the contact form. Share the basics and expect a response within 1–2 business days with a clear next step.
Get StartedView PricingDelaware C-Corp vs. NJ LLC entity selection for funding readiness
R&D tax credit identification and documentation (IRC § 41)
QSBS exclusion eligibility analysis (IRC § 1202)
Founder stock 83(b) election timing and filing
ISO vs. NSO stock option accounting and tax treatment
NJ nexus and payroll tax compliance for distributed teams
Revenue recognition for SaaS and subscription businesses (ASC 606)
NJ sales tax on software: SaaS is generally NOT taxable (TB-72), but electronically delivered prewritten software (taxable except B2B-own-use under N.J.S.A. 54:32B-8.56) and taxable information services (N.J.S.A. 54:32B-3(b)(12)) are - offering classification matters
NJ Angel Investor Tax Credit: base 35% credit / 40% bonus for MBE/WBE/Opportunity Zone-located qualifying startups effective Jan 1, 2026 per S-3189/A-2365 (NJEDA + NJ Div of Taxation; replaces the prior 20%/25% schedule and the original 10% statutory baseline)
Burn rate tracking and runway analysis
Cap table management and equity compensation recordkeeping
NJ CBT minimum tax and filing requirements for C-Corps
Tax preparation, planning, and compliance services tailored to your industry.
Delaware C-Corp vs. NJ LLC analysis, including tax implications, fundraising readiness, and QSBS eligibility under IRC § 1202.
Identification of qualifying research activities and calculation of the IRC § 41 R&D credit, including the payroll tax offset available to eligible startups.
83(b) election guidance, QSBS analysis, and capital gains planning for founders managing equity compensation.
C-Corp (Form 1120), S-Corp (Form 1120-S), and LLC/partnership returns with attention to startup-specific deductions and credits.
Monthly bookkeeping, burn rate analysis, and clean financial statements that support investor reporting and due diligence.
NJ, NY, and other state nexus analysis for remote-first teams and distributed startups with employees in multiple states.
Revenue recognition under ASC 606, deferred revenue tracking, NJ sales tax analysis for SaaS products, and SaaS metrics (MRR, ARR).
Certification assistance for startups seeking NJ Angel Investor Tax Credit eligibility.
Free Tool
No fixed income threshold decides the election. Use the free calculator to screen sole prop SE taxes vs. S-Corp payroll taxes, including NJ compliance costs - then model the full return before electing.
Screen Your S-Corp NumbersHave a different question about startups & tech tax or accounting? Send Greg a message - all inquiries are answered within 1-2 business days.
If you plan to raise venture capital or seek institutional investment, a Delaware C-Corp is almost always required, investors expect it, and the legal ecosystem (preferred stock, QSBS, 409A valuations) is built around it. If you are bootstrapping, building a lifestyle business, or want pass-through taxation, an LLC is often simpler and cheaper. The right answer depends on your funding and growth plans.
The IRC § 41 R&D credit is a dollar-for-dollar credit for qualifying research and development expenses. Pre-revenue startups can use up to $500,000 of the credit annually against payroll taxes (rather than income taxes), making it valuable even for companies not yet profitable. Qualifying activities include software development, product engineering, and any activities that involve experimentation to resolve technical uncertainty.
Qualified Small Business Stock (IRC §1202) allows early investors and founders in C-Corps to exclude up to $10 million (or 10x basis) in capital gains from federal income tax when they sell their shares, if the stock was originally issued by a qualifying C-Corp with under $50 million in assets and held for at least 5 years. For QSBS acquired AFTER July 4, 2025, OBBBA §70431 adds a tiered exclusion and higher ceilings: a 50% exclusion at a 3-year hold, 75% at 4 years, and 100% at 5+ years, with the per-issuer gain cap raised to $15 million and the corporate gross-assets ceiling raised to $75 million (both inflation-indexed). Stock acquired on or before July 4, 2025 keeps the prior $10M/$50M/5-year rules. NJ NOTE: Effective for sales on or after January 1, 2026, NJ conforms to the federal IRC §1202 QSBS gain exclusion under P.L. 2025 c.67. The NJ exclusion follows what the taxpayer can exclude federally under Section 1202; some prior commentary suggested an 80% NJ-payroll requirement, but that condition does not appear in the enacted statute - verify current text with your CPA before claiming. For sales prior to January 1, 2026, the gain was fully taxable in NJ regardless of federal QSBS qualification.
An 83(b) election allows founders or early employees who receive restricted stock to elect to be taxed on the current (low) fair market value rather than waiting until vesting. It must be filed with the IRS within 30 days of receiving the restricted stock, no exceptions. Missing the 30-day window permanently forecloses the election. If the company's stock value increases significantly during the vesting period, the 83(b) election can save substantial taxes.
Generally NO. Per NJ Technical Bulletin TB-72 (July 2013), 'most charges for SaaS are not subject to Sales Tax' in New Jersey. SaaS delivered electronically is generally exempt; a limited exception exists where the offering functions as a taxable information service under N.J.S.A. 54:32B-3(b)(12). Tangible/physical-delivery prewritten software remains taxable under N.J.S.A. 54:32B-2(g). Note: 'NJ TAM-2013-10' is sometimes cited in industry press but does not exist - the actual NJ guidance is TB-72. If your offering includes a clearly taxable information-service component, the Wayfair economic nexus threshold ($100,000 in NJ sales or 200 transactions) determines when registration would be required for out-of-state sellers.
The NJ Angel Investor Tax Credit Program (N.J.S.A. 54:10A-5.30) provides a base 35% NJ income tax credit to investors who make qualifying investments in NJ-certified emerging technology businesses, raised from the prior 20%/25% schedule effective Jan 1, 2026 per S-3189/A-2365. A 40% bonus credit applies for investments in qualified businesses certified as minority-owned (MBE), women-owned (WBE), or located in a New Jersey Opportunity Zone. To enable NJ investors to claim the credit, the startup must be certified by the NJ Economic Development Authority (NJEDA) as a qualified NJ-based company. The certification process involves an NJEDA application, and investors claim the credit on their NJ income tax return (subject to per-investor annual caps administered by NJEDA).
Tax Planning
The OBBBA caps gambling loss deductions at 90% starting 2026. Break-even bettors now owe tax on "phantom income." Here's what NJ gamblers need to know.
Read GuideTax Planning
The best tax planning happens before December 31, not in April. Here are the strategies every NJ business owner should review.
Read GuideTax Planning
Self-employed NJ taxpayers must make quarterly estimated tax payments to both the IRS and NJ. Learn the 2026 due dates, safe harbor rules with worked dollar examples, and how to calculate payments to avoid underpayment penalties.
Read GuideWork with a NJ CPA
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Tax advice disclaimer: This material is for general educational information only and is not legal, tax, or accounting advice for your specific facts. A CPA-client relationship is formed only through a signed engagement letter.