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Could all of this have been avoided with good accounting / tax advice to begin with? I don't mean to be that person that gives 20/20 hindsight, but this is the
by rexreed 9y ago
Could all of this have been avoided with good accounting / tax advice to begin with? I don't mean to be that person that gives 20/20 hindsight, but this is the sort of legal and tax problem that gets many startups into trouble. A lot of startups just wing it with legal and tax advice and end up paying more in the long run with tax liabilities and legal problems.
- gcp 9y agoYes. They got bad advice, probably from an accountant without enough experience in this matter.