Experts say startups that neglect accounting risk cash flow issues, tax pitfalls and missed deductions. CPAs outline key ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The role of accounting firms has expanded far beyond basic bookkeeping and compliance work.

Experts warn startups that weak accounting and tax planning can hurt growth. CPAs say understanding cash flow, entity choice and new tax rules is essential.