HACKER Q&A
📣 Tilman_launch

To techdriven founders/startups – pains and fears in accounting/tax?


What are your pains, screw-ups or fears related to accounting & tax? Where you in seed phase or post market fit?


  👤 koolk3ychain Accepted Answer ✓
Calculating how much sales tax to collect (when building internal ecommerce payment processing) and figuring out how to report "transient" cashflow (for instance payouts to vendors who sell on a platform) on taxes while not counting it as income.

Figuring out how to file taxes for a small team incorperated as an LLC is also a bit daunting, especially when all team members are in different states working remote.