Fondo is the easy way to get your startup's books closed, taxes filed, & cash back from the IRS ($21k on average).

Need more time for the upcoming startup tax deadline?

Join 1,000+ founders and let us extend your tax deadline to October 15th & help you understand your taxes.

For just $1 you'll get:

• 📆 Federal Tax Extension filed
• 📊 Personalized Startup Tax Plan

Hi everyone 👋 David here, former accountant & current CEO & founder of Fondo. Thank you for hunting us @katmanalac! Tax season can be a huge pain for founders. You are focused on getting customers and hitting your goals, and meanwhile you have corporate tax compliance requirements that you probably didn’t know existed. If you don’t file a tax extension or file your taxes on time: ❌ You cannot claim up to $500,000 in startup tax credits 💰 If you have a global subsidiary or shareholder you will face $10,000+ in tax penalties 🏦 Section 174, a new tax code enacted in 2022 that forces unprofitable startups to owe taxes, is in limbo and may get reversed (the tax bill that includes reversing Section 174 has passed the House, & now awaiting votes in the Senate). This could impact how much in tax credits you can get and how much in taxes you owe. By filing an extension you can wait to file until Section 174 is voted on, hopefully by October 15th. The existing options are time-consuming, complex, and fraught with potential errors (costing you up to $500k in missed tax credits or thousands in tax penalties). Hiring an accountant is expensive and requires time to manage. We are building Fondo to make this as easy as possible for you. With Fondo you get automation when you want it and white glove CPA support when you need it. We’d love to handle your extension and tax plan for $1. Here's the $1 deal: We file your Federal Tax Extension and provide a personalized Startup Tax Plan (including Section 174 impact), showing where and when you owe corporate taxes, and how much in tax credits you can get back -- all for just $1. Join 1,000+ founders and get started here: tryfondo.com/1

@katmanalac @davj For just $1, Fondo will simplify tax management for founders! Great solution! Congratulations on the release of Tax Extension & Startup Tax Plan - $1🚀

@katmanalac @davj Wow that's a crazy good pitch. So filed already for my S Corp via my accountant and she didn't mention a word of this 🤦‍♂️ Can I reverse the filing? Do you work with S Corps ?

@antonikozelski Thanks a lot, Antoni! Summed it up perfectly 🙌

Congrats on the launch @davj and Team Fondo. 🎉 I'm not in the US so I can't use Fondo, but you've done a great job in making an accounting solution that is fun, modern, and lively. You're applying Xero's playbook very well, and we all know how they turned out 🙂

@jgani thanks so much Jonni! We’d love to support you whenever the time is right — when we launch in your country or when you open a US Corp :)

@jgani Thanks, Jonni! Sounds like we're on the right track 😃👍

@davj Either you expand my way or I expand yours. Either way it's a good goal to work towards :)

Fondo is a great tool! it's the easiest way to do taxes for startups! We used it in OpenCopilot and will keep using it every time.

@ikbenbasha Thanks so much Mo, we love supporting you and the OpenCopilot team!

@ikbenbasha Amazing, Mo - thank you! Reviews like this fuel our passion for building better 🦾

Shoutout to Fondo for their incredible bookkeeping, tax, and tax credit services for startups. Fondo has been super helpful, especially during difficult situations. Their team’s eagerness to assist is remarkable, even accommodating us when we struggled with payments. Fondo’s culture shines through every interaction. Their service is outstanding, and every startup should consider using their products. We love Fondo and believe in their success.