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This (Hypothetical) Founder Saved $3 Million In Federal Taxes
In SoMeIT (Social Media Information Technology), we are fully dedicated to satisfying all of your web needs, integrating your business to social networks.
Editor’s note: Alex Katz is partner and CFO with ff Venture Capital, an institutional investor in seed-stage companies.
Many venture-capital firms and other investors insist on investing only in corporations in order to avoid the complications that may flow from an investment in an LLC. As a result, many founders start their businesses as a corporation before the receipt of VC funding. In so doing, they are giving up what could be a substantial tax opportunity.
source: http://feedproxy.google.com/~r/Techcrunch/~3/U-nMto38etU/
2013-02-23 13:16:53
Source: http://someit.com/2013/02/23/this-hypothetical-founder-save/
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