Avoiding Accidental Tax Fraud | Startup Finance Basics w/ Kruze's Scott Orn | E1849

Today’s show:

Kruze’s Scott Orn joins Jason to discuss navigating potential ERC fraud (00:45), expected year one spend for startups (11:54), importance of accounting from Day 1 (15:22), and more! 

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Time stamps:

(0:00) Kruze’s Scott Orn joins Jason.

(0:45) Navigating Employee Retention Credit (ERC) and spotting fraud, and the importance of CPA expertise

(9:01) The difference between building software and R&D

(11:54) Expected year one spend for startups

(15:22) Importance of accounting from day 1

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Check out Kruze: https://kruzeconsulting.com

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Follow Scott:

https://twitter.com/scottorn

https://www.linkedin.com/in/scottorn

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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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Follow Jason:

Twitter: https://twitter.com/jason

Instagram: https://www.instagram.com/jason

LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast