Chargeback Management: Effective Online Strategies to Protect Your Profits

Image sourced from Unsplash Millions of online transactions occur daily worldwide, making the frequency of chargebacks unsurprising. In 2022, mid-market ecommerce businesses globally dealt with chargeback management issues as chargebacks occurred in 2.8% of online orders, according to 2023 data from Statista. In contrast, small and midsize businesses (SMBs) experienced it with 2.4% of their… Continue reading Chargeback Management: Effective Online Strategies to Protect Your Profits

Ecommerce Accounting Software: Top Picks for Maximizing Profitability in 2024

  Using the right ecommerce accounting software for your needs can help your business tremendously. If you’ve never used any before, or haven’t had a great experience with it, this post is for you. We’re going through our top picks from among dozens of tools available out there. We believe that these select few can… Continue reading Ecommerce Accounting Software: Top Picks for Maximizing Profitability in 2024

Ecommerce Accounting 101: Navigating Tax Compliance and Financial Reporting

  Proper ecommerce accounting is vital to the success of your business. You need to know how to keep accurate records to report and pay your taxes correctly. If you can’t navigate all this properly, you could find yourself in big trouble with the IRS. In this post, we’ll go over the essentials of accounting… Continue reading Ecommerce Accounting 101: Navigating Tax Compliance and Financial Reporting

Top Amazon Seller Course Picks: Elevate Your Ecommerce Business in 2024

  This is by no means a comprehensive guide to every Amazon seller course out there. But we wanted to provide you with a representative collection. This way, you can have an idea of the tools available to you. We believe that investing in a course is one great way to elevate your ecommerce business.… Continue reading Top Amazon Seller Course Picks: Elevate Your Ecommerce Business in 2024

8 Essential Amazon Seller Tools Free for Boosting Your Ecommerce Efficiency

  This article lists 10 Amazon seller tools free to use but helpful in boosting ecommerce efficiency. The tools discussed include keyword research, inventory management, pricing, reviews, financial management, product research, SEO, marketing, customer service, and analytics.   Keyword Research and Optimization Tools   Understanding what keywords people are using to search for products on… Continue reading 8 Essential Amazon Seller Tools Free for Boosting Your Ecommerce Efficiency

Ultimate Guide to Amazon Seller Tax: Navigating Taxes for Ecommerce Success

    Amazon seller tax can be difficult to navigate for most sellers. Amazon allows eligible sellers to set up their shops to sell products and services right alongside Amazon itself. The Amazons marketplace holds much responsibility as the marketplace, so it helps these sellers with tax calculations and collection. In this post, we’ll go… Continue reading Ultimate Guide to Amazon Seller Tax: Navigating Taxes for Ecommerce Success

Amazon Seller Tax Documents Complete Guide: What You Need to Know for Ecommerce Accounting

  Do you know what kinds of Amazon seller tax documents you need for your store? Well, first, you need an understanding of your tax obligations as an Amazon seller. In this post, we’ll get into that, then explain the tax documents you will integrate into your accounting routine. You will want to pay close… Continue reading Amazon Seller Tax Documents Complete Guide: What You Need to Know for Ecommerce Accounting

How Are S Corps Taxed? | An Ultimate Guide

    Choosing the right business structure is a pivotal decision for entrepreneurs, and one option that frequently stands out is the S Corporation (S Corp). This structure blends the liability protection of a corporation with the pass-through taxation of a partnership.   In this comprehensive guide, we will delve into the nuances of how… Continue reading How Are S Corps Taxed? | An Ultimate Guide

How Far Back Can the IRS Audit You and Your Business?

      How far back can IRS audit my business? How long should I keep my records? What are things I can do to minimize the possibility of an audit?    This post, we will go through those questions and give you a better understanding around the IRS auditing process and how to handle… Continue reading How Far Back Can the IRS Audit You and Your Business?

What Is the LLC Tax Rate? A Guide to Small Business Tax Rates

    You need to know your LLC tax rate so that you can figure out what your dues are when tax season rolls around. A mistake can mean either overpaying or underpaying on your taxes. Both are not good for your business.   Without a solid tax plan, you can even end up owing… Continue reading What Is the LLC Tax Rate? A Guide to Small Business Tax Rates

Exclusive finance guide

Want better bookkeeping?

It's possible! Subscribe below & we'll send you our Bookkeeping Packet. A pack of resources to teach you about bookkeeping.

You’ll get our Ecommerce Bookkeeping Guide, The 10 Ecommerce Bookkeeping Mistakes Ebook, our Monthly Finance Meeting Agenda, & a few surprises!