Bookkeeping for Online Business: Why 7-Figure Sellers Can’t Afford Generalists
Bookkeeping for an online business is far from one-size-fits-all, especially for sellers hitting seven figures in revenue. As your ecommerce […]
Bookkeeping for an online business is far from one-size-fits-all, especially for sellers hitting seven figures in revenue. As your ecommerce […]
Every successful ecommerce business knows that behind every smooth operation lies well-organized financial records. Bookkeeping is the foundation that supports
In this post I explain why you are seeing deposits from “shoppayinst afrm” and how to handle your accounting for these transactions.
Confused about income tax for non-resident Amazon sellers? Look no further and read the definitive guide to understanding U.S. income tax for non-residents.
Many sellers don’t understand S corps. In this post, I review the steps to file and operate an S corp.
If you’re selling on platforms other than Amazon, it’s crucial to understand your sales tax obligations.
Expanding your business to new markets can be an exciting prospect for any online seller. With the popularity of e-commerce platforms like Amazon, it’s natural to consider selling on multiple Amazon marketplaces.
S corporations are a popular form of business entity in the United States due to their flexibility and tax advantages. However, certain rules and regulations must be followed in order to maintain this tax status, particularly with respect to loans to shareholders.
I wanted to cover this topic because there seems to be a good deal of confusion of over the different types of taxes and what you should concern yourself with as a seller. The types of taxes can be broken down on two broad levels – state and federal taxes.
Do you need to collect sales tax as an Amazon Seller? It depends on 2 factors: 1) the state you operate your business in and 2) whether or not you sell on other platforms.