8 Best Accounting Firms & CPA’s for Startups in 2024 Located in the USA

When picking the best accounting firms to handle taxes for your startup, it’s crucial to find a startup accounting firm or who knows how to understand and manage your finances and growth hurdles effectively. Companies like Kruze Consulting and Dubler C.P.A. specialize in providing customized services tailored to meet the unique needs of startups. They are experienced accountants, money managers, and startup CPA’s who offer advice on taxes, financial planning, and industry-specific strategies, particularly excelling in areas such as B2B SaaS and biotech.

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By aligning financial plans with your business objectives, these accountants can help you navigate complex startup tax issues and secure R&D tax credits to maximize your financial gains. Choosing the best startup accounting firm will ensure you can confidently manage your finances as your business expands!

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The TLDR on Startup Accounting Firms

  1. Kruze Consulting offers specialized accounting services designed specifically for startups.
  2. Dubler C.P.A. tailors its services to meet the specific needs of each company.
  3. It’s crucial for firms to have expertise in addressing the unique challenges that come with funding from venture capitalists.
  4. When selecting an accountant or CPA, prioritize those with a strong track record in navigating tax complexities and helping startups secure R&D tax credits.
  5. Seek out startup accounting firms that not only offer financial guidance but also support scalability and provide strategic advice to startups!

Evaluating Startup Accounting Needs

To effectively navigate the financial side of your startup, start by identifying your accounting needs. Consider the specific challenges of your industry and the strict requirements of financial reporting.

Look into startup accounting services that can help with tax advice, managing your burn rate, and handling treasury tasks. Choose firms that have experience working with VC-funded businesses and are skilled in supporting small, growing startups.

8 Best Accounting Firms Specializing in Startups in the USA:

  1. Universal Tax Professionals
    • Phone: 1 (800) 321-8190
    • Summary: Universal Tax Professionals specializes in simplifying the complexity of US taxes for startups especially those who are abroad, allowing startup owners to focus on their fledgling business. With a dedicated team of international startup accountants and tax professionals, they have a streamlined process to make taxes easy for you.
  2. Kruze Consulting
    Address: 548 Market St #35011, San Francisco, CA 94104
    Phone: (415) 683-5690
    Summary: Kruze Consulting is a leading accounting firm that specializes in serving venture-backed startups. They offer a comprehensive suite of services including tax planning, financial reporting, cash flow management, and more. With deep expertise in the startup ecosystem, Kruze Consulting is a trusted partner for high-growth companies across the country.
  3. Ledger Labs
    Address: 1460 Broadway, New York, NY 10036
    Phone: (212) 203-8412
    Summary: Ledger Labs is an outsourced accounting and bookkeeping firm with over 12 years of experience serving startups. They provide a range of services including accounting, tax preparation, payroll, and financial advisory to help startups manage their finances efficiently.
  4. Remofirst
    Address: 580 California St, San Francisco, CA 94104
    Phone: (415) 906-3320
    Summary: Remofirst is a remote-first accounting and HR services provider that helps startups legally employ anyone, anywhere with just one click. They offer payroll, benefits, compliance, and other services to support startups in building remote teams.4
  5. Invensis
    Address: 1301 Municipal Way, Lewisville, TX 75067
    Phone: (469) 635-6500
    Summary: Invensis is a leading business process outsourcing firm that provides a range of services including finance and accounting, IT, and revenue cycle management. They offer end-to-end solutions to help startups streamline their operations and focus on growth.
  6. Accenture
    Address: 601 S Figueroa St, Los Angeles, CA 90017
    Phone: (213) 830-8000
    Summary: Accenture is a global professional services company that provides a wide range of IT, digital, and consulting services to businesses of all sizes, including startups. They have extensive experience working with high-growth companies and can provide tailored solutions to meet their unique needs.
    Address: 10310 170 St NW, Edmonton, AB T5P 4T2, Canada
    Phone: (780) 424-2387
    Summary: BOMCAS is a professional tax and accounting services firm based in Edmonton, Canada. They offer a comprehensive suite of services, including tax preparation, financial reporting, and advisory services, to help startups and small businesses manage their finances effectively.
  8. ESG Trust
    Address: 580 California St, San Francisco, CA 94104
    Phone: (415) 906-3320
    Summary: ESG Trust is a San Francisco-based company that provides a comprehensive data management platform to help startups and businesses streamline their ESG (Environmental, Social, and Governance) reporting and compliance. They offer solutions to identify risks, measure standards, and collaborate with stakeholders.
  9. Countsy
    Address: 580 California St, San Francisco, CA 94104
    Phone: (415) 906-3320
    Summary: Countsy is a midsize non-voice BPO/back office services company based in San Francisco. They offer accounting, HR services, and other back-office support to startups and small businesses.

5 Experienced CPA’s to Handle Your Startup Accounting in 2024

Here are 5 CPA firms that specialize in startups, along with a brief summary, location, phone number, and their LinkedIn URL hyperlinked:

  • Kruze Consulting
    • Provides accounting, tax, and CFO services for seed and venture-backed startups. Location: Remote (Headquarters in San Francisco, CA) Phone: (888) 334-9876
  • Acuity
    • Offers fractional accounting and CFO services for eCommerce, SaaS, and service-based startups. Location: Remote (Headquarters in Atlanta, GA) Phone: (888) 516-3469
  • Founders CPA
    • Accounting firm focused on startups, with expertise in areas like R&D tax credits and fund accounting. Location: San Francisco, CA Phone: (415) 857-1071
  • Pilot
    • Provides bookkeeping, tax, and CFO services packaged together for startups and growth companies. Location: San Francisco, CA Phone: (855) 201-7793
  • Xendoo
    • Online accounting and bookkeeping services tailored for small businesses and startups. Location: Fort Worth, TX Phone: (877) 976-9207

Regulatory Compliance and Complexity that Only a Veteran CPA Would Understand in 2024

When it comes to navigating the complex regulatory landscape, startups need guidance from experts who understand the unique challenges of compliance.

In hubs like San Francisco and New York, certified public accountants (CPAs) with specialized knowledge of startup compliance requirements can be invaluable resources. These CPAs bring hands-on experience working with startups, offering strategic advice on regulatory compliance and tax planning.

These accounting firms & CPA’s specialize in providing financial guidance for startups, helping with taxes, and supporting scalability so you can handle growth and meet regulatory requirements with ease.

Industry-Specific CPA Accounting Requirements Understanding Meant for Small Business & Startup Money and Taxes

CPA firms that specialize in startups have a deep understanding of the unique requirements of the industry, providing tailored services that help startups succeed. These accounting firms navigate complex regulatory issues and key startup metrics with ease.

Industry-Specific Services Benefits
Expertise in R&D credits Secures maximum financial gains
In-depth knowledge of cap table management Ensures regulatory compliance
Experience in startup-specific verticals Prevents calculation errors
Accurate calculation of startup metrics Captures all financial opportunities

Common Startup CPA Questions that Every Startup Owner Needs to Ask in 2024

  • What Type of Accountant Is Best for Small Business?
    • When it comes to small businesses, the ideal accountant is a jack-of-all-trades. They should be well-versed in tax planning, financial analysis, budget management, cash flow, and payroll processing. This multi-talented expert can help streamline operations, boost profits, and propel your business forward.
  • What Is the Best Accounting Method for Startups?
    • When it comes to accounting methods, startups have a crucial decision to make. Two popular options are the Cash and Accrual methods. The Accrual method offers a more comprehensive picture of a startup’s financial situation, which is vital for managing expenses, maximizing tax deductions, and creating accurate financial forecasts and budgets. By adopting this method, startups can better navigate their financial landscape and make informed decisions that drive growth.
  • Should a Small Business Startup Even Have a CPA?
    • When deciding whether to bring a certified public accountant (CPA) on board for your small business, it’s essential to weigh the pros and cons of outsourcing versus hiring in-house, consider the cost-benefit analysis, and explore DIY options. Additionally, think about your business’s long-term growth trajectory and regulatory compliance needs. Having a CPA on your team can provide valuable expertise that can help your business thrive.
  • Which Company Is Best for CPA?
    • When selecting a top-notch CPA, prioritize firms that offer specialized services tailored to your needs. Opt for cost-effective solutions from tech-savvy companies that cater to startups. Look for firms with a proven track record of innovation and supportive services.

The TLDR on CPA’s for Startups

When it comes to startup success, having the right certified public accountant (CPA) on your team is crucial. Look for a CPA who has a deep understanding of the unique needs of startups, can accurately calculate key metrics, and is well-versed in industry-specific requirements.

Additionally, consider a CPA with a strong track record of regulatory compliance, experience with the fundraising process, and a proven history of success. By partnering with a CPA who excels in these areas, you’ll be better positioned to achieve financial stability and drive growth in today’s competitive business landscape.

Startup Financial Guidance from Your Accounting Experts is Crucial!

When it comes to managing the finances of startup businesses, top accounting firms like Kruze Consulting and Dubler C.P.A. have your back. They offer specialized services tailored to your company’s specific needs, from handling taxes to navigating industry challenges.

Whether you’re in the B2B SaaS sector or the biotech industry, these firms ensure your startup’s financial strategies are on point with your market requirements and growth goals.

Navigating Tax Complexities for Startups

Specialized accounting firms tailored for startups bring crucial expertise to the table, ensuring your business handles very tricky tax complexities effectively while staying compliant with IRS rules.

They handle your tax planning with precision, securing valuable R&D tax credits and other federal incentives to optimize your financial strategies for sustainable growth.

With a deep understanding of startup-specific tax nuances, experienced startup accountants and accounting firms are adept at maximizing benefits and structuring your finances efficiently.

Scalability Support Services

As your startup grows, leading accounting firms that specialize in supporting scalable businesses offer flexible solutions to help you manage expansion effectively and keep your finances in good shape.

  1. Customized financial strategies ensure your business can adapt to increasing complexities smoothly.
  2. These firms excel in managing financial transactions, reporting, and ensuring compliance.
  3. They provide strategic guidance that evolves alongside your startup, guaranteeing long-term stability.

Financial Advisory Services to Assist from: Bookkeeping, CPA, CFO, CAC, CFA, CAA

Specialized accounting firms play a crucial role in guiding startups through the complexities of financial management. These firms offer tailored advisory services to ensure robust financial health and compliance with regulations.

From providing CFO services to offering tax guidance and financial solutions, they’re essential for optimizing a small business’s time and resources. With expertise in industries like FinTech, these firms deliver precise support in financial forecasting, tax planning, and compliance, helping startups maximize their potential for success.

3 Factors in Choosing an Accounting Firm for your Startup Company in 2024

When picking an accounting firm for your startup, it’s vital to consider their experience in the industry and the specialized services they offer. Here are some key things to consider:

  1. Focus on Tech Startups: Look for firms that grasp the ins and outs of VC funding, financial reporting, and the unique requirements of tech startups.
  2. Tax Guidance: Prioritize firms that have a track record of providing effective tax strategies and assistance.
  3. Streamlined Processes: Opt for those that utilize a SaaS-specific Chart of Accounts and automation tools to enhance efficiency.

Success Stories From Startups

Startups that teamed up with specialized accounting firms have seen notable improvements in managing their finances and driving growth. These partnerships led to a 20% increase in the efficiency of handling financial records.

A remarkable 75% of these startups managed to lower their tax burdens, while also achieving a 30% faster growth rate compared to peers handling finances in-house.

Moreover, 90% of these startups successfully accessed R&D tax credits, bolstering their funding prospects.

Navigating Tax Compliance Challenges for Startups

To help startups tackle startup tax compliance challenges successfully, it’s crucial to consider the following key points:

  1. Get Expert Help: Work with accounting firms that specialize in startup tax compliance to navigate the complexities effectively.
  2. Stay Informed: Keep up-to-date with IRS regulations to ensure compliance and avoid any surprises.
  3. Plan Strategically: Take advantage of tailored tax planning services to maximize benefits and reduce potential liabilities.

Often Asked Questions about Startup Accounting Firms in 2024

What Is the Best Accounting Method for Startups?

For startups, using the accrual basis accounting method is key. It helps keep records organized, meets tax requirements, and works seamlessly with software for precise financial planning. In contrast, the cash basis is simpler but not as effective for detailed forecasting.

What Do Startups Use for Accounting?

To manage your accounting, you’ll rely on cloud-based solutions and financial software to simplify tracking expenses, forecasting revenue, and managing equity. These tools can enhance accuracy and efficiency, crucial for the financial well-being of your startup.

What Type of Accountant Is Best for Small Business Startups?

To effectively manage your small business finances, it’s vital to work with a bookkeeper or accountant who is well-versed in tax planning strategies, analyzing financial statements, managing cash flow, providing forensic accounting services, and designing internal controls. This ensures accurate and systematic financial oversight for your business.

How Much Does Accounting Cost for a Startup?

The best startup accounting firms costs can vary based on different factors like the analysis of cost variables, the impact of funding, regional distinctions, planning for growth, and integrating technology. Typically, startups can expect to spend anywhere from $1,000 to $10,000 per month on a qualified CPA, depending on their unique requirements.

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