Well, as with technical/coding matters, there are 3 tactics to reduce probability of getting into trouble: 1. Learn basics of accounting (or coding for that ma

Well, as with technical/coding matters, there are 3 tactics to reduce probability of getting into trouble: 1. Learn basics of accounting (or coding for that matter), it is not that difficult. 2. Have a good expert in your team and rely on his/her judgement. 3. Listen to 3 experts talk and form your own opinion. Going back to the crowdfunding example, the actual decisions and actions will depend on the start-up's specific situation. When we speak about R&D, for example development of new software or hardware, in most of the cases it is possible to capitalize R&D expenses and defer those expenses hitting P&L. BUT this will actually increase corporate profit tax in the current and following 1-2 years. And this will increase cash outlay now because due taxes are indeed need to be paid. On the other hand if the start-up [meaning legal entity] is not profitable, it is possible to defer profit tax using carry forward provisions [which have specific limitations re amounts/timeframe/eligibility]. So, yes, learn basics, but speak with expert... :-)