
Knowing when to set up a business bank account is one of those decisions that feels optional until it suddenly isn't. This article walks through the right timing for your situation, what changes based…
Your small business resource for accounting, bookkeeping, and taxes from our experts.

Knowing when to set up a business bank account is one of those decisions that feels optional until it suddenly isn't. This article walks through the right timing for your situation, what changes based…
Fees, COGS, and Inventory Tracking
You know your shop is making consistent sales, but you don't know how profitable your Etsy business truly is. This article covers the three areas sellers most often lose track of: how to properly reco…

Depending on your business structure, you can pay yourself a salary, take draws from your profits, or both. Use this guide to learn how to pay yourself by entity type, the calculation method, and cost…

Knowing when to set up a business bank account is one of those decisions that feels optional until it suddenly isn't. This article walks through the right timing for your situation, what changes based…
Fees, COGS, and Inventory Tracking
You know your shop is making consistent sales, but you don't know how profitable your Etsy business truly is. This article covers the three areas sellers most often lose track of: how to properly reco…

Depending on your business structure, you can pay yourself a salary, take draws from your profits, or both. Use this guide to learn how to pay yourself by entity type, the calculation method, and cost…

Reconciling Payouts, Fees, and Refunds
Good e-commerce bookkeeping starts with understanding exactly what's in each payout, which fees were deducted, and how refunds affect the final amount. This Shopify accounting guide covers how Shopify…

Starting a business in NY can be a great decision, but there are challenges to address, high taxes to pay, and intense competition. Use this blog to learn how to establish your operations, costs, main…

Inventory, Storage Fees, & More
Running an Amazon FBA business removes many of the operational headaches sometimes associated with self-fulfillment. This article covers the four areas that trip up FBA sellers most: inventory valuati…

An operating agreement is important because it outlines your LLC’s provisions, regulations, and rules. LLC owners forming a new business and existing owners who need to formalize or update their gover…
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Quick Guide
While Shopify may collect sales tax on your behalf depending on your settings, reporting your income to the IRS is entirely your job. This guide walks you through filing taxes on Shopify, covering eve…

Use this article to examine your tax responsibilities related to your eBay selling activities. You'll learn about income thresholds that may trigger the need to report your income, essential tax forms…
Thumbtack taxes work differently than a regular employee paycheck, because Thumbtack classifies its pros as independent contractors. That distinction changes how you file, what you pay, and what you c…