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Ask HN: How to Run Payroll for Founders?

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Re: Ask HN: How to Run Payroll for Founders?

#11
post #2

Gusto is definitely the way to go. Talk to an accountant about taxes. In short, the company will have its own taxes and you will have yours. Look into the 83b election to see if you can still do that, depends on when you got your shares originally

Definitely look into the 83b (just make sure you do it right).

Re: Ask HN: How to Run Payroll for Founders?

#12

Earlier quoted context omitted.

Ah damn, expenses just piling on... Isnt there like a software service that can replace the accountant? Thanks for the info though! Much appreciated! Where in Florida are you based? I was looking for moving to Austin or Miami or Jacksonville actually

I am in Central Florida on the east coast, south of Daytona Beach. This puts me close to Orlando and Jacksonville and I can get to Tampa 2 hours and Miami in 4 if I drive. I am also just an hour flight from Atlanta (or Miami if I want). But where I am I cut costs down even further, so I am probably another 10-20% cheaper then Jacksonville depending on what you compare. Jacksonville is a good option, still inexpensive…

Davis I think I spoke with you on another thread here on HN regarding miami vs austin haha! I remember you! Thanks again for answering my questions!
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