Accelero Corporation

Introduction India's startup sector is undeniably grabbing the limelight. The nation's continuous rise as a supportive ecosystem for new ventures is a result of various tracts of government initiatives, the influx of capital from global markets, and the advent of a digital economy and consumer market. The government of India has launched a number of initiatives to fuel the startup culture, e.g., certain tax benefits for startup recognition. So a foreign company intending to set up or grow a business in India can get direct financial benefits out of these recognitions. It is with the help of Accelero Corporation that such benefits can be turned into well-planned and achievable, rather than misunderstood, figures. What Is Startup India Recognition (and Why Should Foreign Entities Care)? Startup India is a premier initiative launched by the Indian government to foster innovation, nurture entrepreneurship, and invite global participation. While the general perception is that the sc...

Introduction Innovation​‍​‌‍​‍‌ is what got to the bottom of every successful software startup story. It doesn't matter if you are developing AI-powered platforms, SaaS products, fintech solutions, or enterprise software; research and development (R&D) remains a vital ingredient for sustainable growth. However, most founders are not aware that a large share of these innovation expenses can be reclaimed through R&D tax credits - not only in the US but in India as well. At Accelero Corporation, we assist software startups in turning the maze of tax regulations into significant cash amounts. Under the right strategy and with professional assistance, R&D tax credits can be a means of cash flow improvement, runway extension, and support for faster scaling of the business across ​‍​‌‍​‍‌borders. Understanding the R&D Tax Credit for Software Startups The​‍​‌‍​‍‌ R&D tax credit is a financial incentive to encourage businesses to invest in technology development. Softwar...

Introduction By​‍​‌‍​‍‌ 2025, chief financial officers (CFOs) have evolved far beyond their traditional roles of merely handling the books and approving reports. Today's CFO is seen as a strategic leader, a data interpreter, and a digital transformation advocate. As businesses, especially startups and those with a global focus, continue to scale at lightning speed, automating the accounting close process using AI has shifted from being a "nice-to-have" feature to a survival tactic. At Accelero Corporation, we engage startup founders and finance leaders who desire to get their numbers with clarity, speed, and confidence. Transforming finance digitally is not about substituting humans but giving teams the power to make business-leveraging ​‍​‌‍​‍‌decisions. Why the Traditional Accounting Close Is Holding CFOs Back Traditional​‍​‌‍​‍‌ monthly closing processes take up a lot of time, are prone to errors, and rely heavily on manual work. CFOs are most of the time stuck with re...

Introduction Getting​‍​‌‍​‍‌ ready for an initial audit might be very stressful for startups and fast-growing businesses. Pushing work to meet a fixed deadline, keeping detailed documents, and maintaining rigorous standards - these can make any team, even one with a lot of experience, scared. However, if you maintain good bookkeeping and have a thorough understanding of GAAP compliance, an audit will be no stress at all. We at Accelero Corporation have witnessed a well-prepared audit turning into a source of confidence instead of a ​‍​‌‍​‍‌hurdle. Auditing​‍​‌‍​‍‌ is more than just going through the figures-- it is about confirming the correctness, uniformity, and openness of your financial documents. Bookkeepers, here you have an excellent opportunity to demonstrate how closely your methods conform to the Generally Accepted Accounting Principles ​‍​‌‍​‍‌(GAAP). Understanding GAAP and Why It Matters GAAP​‍​‌‍​‍‌ gives a standardized set of rules for financial reporting which makes it e...

Introduction Overall,​‍​‌‍​‍‌ it is not strange for companies to have foreign revenue nowadays, especially for startups, founders, consultants, and professionals working with international clients. Yet, one less exciting thing is withholding tax. If you have income from overseas, a portion of it must have been taken before it gets to you. A proper Tax Residency Certificate (TRC) can really help you in reducing that tax liability. We at Accelero Corporation facilitate companies and individuals to realize such tax benefits correctly without any doubt and missed ​‍​‌‍​‍‌savings. What Is Withholding Tax and Why Does It Hurt? Withholding​‍​‌‍​‍‌ tax is fundamentally a tax that is taken out from your income at the source. If you get paid from a foreign country, the person or company paying you might take out tax first according to the local tax rules. This usually results in paying more tax than necessary, particularly when there are Double Taxation Avoidance Agreements (DTAA) between countr...

Introduction For​‍​‌‍​‍‌ Non-Resident Indians (NRIs) who have incomes coming from India as well as the United States, the issue of paying taxes can very quickly become a complex puzzle. One of the major worries is double taxation, i.e., having to pay tax in both nations on the same income. Only a U.S. Tax Residency Certificate can be of great assistance to the NRIs in this regard by effectively helping them avoid the scenario of double taxation and at the same time securing them from getting taxed twice for the same set of earnings. We have outlined in this piece how this certificate facilitates the function and what advantages it extends to ​‍​‌‍​‍‌NRIs. What is a U.S. Tax Residency Certificate? A​‍​‌‍​‍‌ U.S. Tax Residency Certificate (TRC) is a formal declaration from the U.S. Internal Revenue Service (IRS) asserting that a person or a business is recognized as a tax resident of the U.S. during a specific tax year. It is provided when a person has met the substantial presence rule i...