What is Gelt and how can it help?
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Gelt is described as a service designed for small businesses, specifically aiding those in "creator business" fields like YouTubers, Twitch creators, or podcasters with their accounting and tax needs. The company acts as an intermediary service that streamlines the accounting process, ensuring that financial statements like profit and loss (PNL), cash flow, and balance sheets are properly managed. Gelt facilitates effective tax strategies and corporate structuring in compliance with the law, while still leveraging the benefits and advantages available to businesses.
Shaan Puri, a co-host of My First Million, praises Gelt for its innovative approach, characterizing it as a game changer that transitioned his experience with bookkeeping and taxes from stressful to stress-free. He appreciates that Gelt operates with the flair of a friend assisting you rather than a strict tax firm 1 2.
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