neo.tax
automated R&D tax credits for startups = extra month of burn
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neo.tax 2.0 - 10 minutes could save your startup 10% or more on payroll

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unlock tax credits for startups!
10% back on payroll in 10 min + IRS agent in your pocket
eligible if you make <$5M revenue + have US employees
reverse-engineered IRS audit methods + $1M guarantee

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Maker
hello everyone! we are a small team founded by a Stanford PhD in ML automating an ex-IRS agent's brain, productized by an ex-Intuit PM. congress + IRS made the R&D Tax Credit to incentivize US innovation = startups can get 10% back on last year's payroll and contractors! we are bringing transparency to the (intentionally) complex tax code to make it accessible to everyone. about damn time, right? most CPAs don't know about this credit & the ones that do take 10 hrs! plus you're covered by best-in-class assurance: reverse-eng'd IRS audit techniques + ex-IRS agent + $1M guarantee finally, we care a ton about incentive alignment! so you pay us a small % of your credit, spread out over 12 months. and we don't begin charging you until you actually get $$$. thanks for coming to our ted talk =]
Hi there! What have been the changes since this launched last year?
Maker
1. built API integrations for all payroll connections 2. baked in an IRS agents' intelligence and insights so it's like having them walk you through it 3. rebuilt payment so that it's truly incentive aligned with customers, spread out over 12 months and only begin charging customers when their credit kicks in 4. automated away many questions by gathering data from other online sources 5. rebuilt it entirely so it's faster, more performant, and more reliable 6. added many more payroll providers 7. it's more prettier
Thanks for clarifying! All the best with your launch!
Maker
thanks!!!
Seems promising with those features. Congrats on your product launch. Keep up with the good work.
How does this compare to MainStreet?
Maker
great question! 1. one of our cofounders is a former IRS agent (1) building the product, (2) reviewing your credit, and (3) on staff to talk to the IRS, should they have any questions 2. our Write-up (your insurance policy) is the most robust, accurate and comprehensive in market 3. we have productized the flow to make it super easy → takes 10 min 4. that also means that we are half the price of anyone else → we only charge a 10% fee 5. and we spread that fee over 12 months and only start charging customers when their credit kicks in, so you're paying us using your savings and never out-of-pocket =] 6. finally, we have the highest assurance possible, capped off with a $1M guarantee
Congrats! These are pretty impressive updates 💪 🚀
Maker
thanks a lot!
Great product - would help so many new entrepreneur in their journey
Maker
thanks a lot!
Neo.tax makes filing tax credits fast and easy for busy startup founders. What's not to love?
Maker
thanks a lot!
Hey guys! Any plans to do similar type of app for the UK?
Maker
not yet but we'll keep you posted!
Will be waiting for it! Cheers and good luck!
Congrats on all the updates! It's looking slick
Maker
thanks a lot!
It would definitely be the killer in the payroll space!!
?makers Is this something I would use in _addition_ to my accountant doing their normal tax prep work? Would I need to involve them in this? Sorry, this stuff makes my head feel cloudy.
Maker
this stuff makes everyone's head cloudy! that's why we're solving it. yes this would be in addition to your accountant. you don't need to involve your accountant until the very end (they incorporate the r&d credit we generate into your tax return in <5 min), but many of our customers loop their accountants in earlier. and many accountants secretly use neo.tax on the backend to generate their startup clients' r&d credits.
Is this available in Canada?
Maker
not yet! but perhaps next year. thanks for asking!
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