Ask HN: Joined a startup? Your taxes are about to get complicated. Questions?

by brntsllvnon 4/18/2023, 7:02 PMwith 13 comments

I'm a tax nerd and software developer. What startup tax questions would you like answered?

Example: what the heck is 83(B) and will it save me money?

by yellow_leadon 4/19/2023, 3:11 AM

Is there any way a pre-IPO startup can give equity without imposing a tax burden on employees?

For instance, if an employees options vest, I believe they are required to pay taxes on the computed value of the shares. But in i.e a pre-seed company, there may be further dilution, so you end up paying tax on something that is lost in the end.

by ThrowAway0127on 4/18/2023, 8:30 PM

What are some great resources to learn personal taxes and all of the forms, deductions, exemptions, etc?

What are some resources for understanding business taxes? (LLCs)

I have a small single member LLC and want to understand more about how/when I need to file, what I can add to the list for deductions, etc.

by momofukuon 4/18/2023, 8:23 PM

Actually, I'll be joining a startup-ish in about 1.5 months. I am an immigrant and this will be my first job out of school. What do you mean taxes are about to get complicated :eyes:

by infamouscowon 4/18/2023, 7:39 PM

I'd be interested to learn more about if or how stock priced exclusively in BTC (i.e., never in USD) affects taxes.

Any info you could share would be appreciated :)