Know Your Data – Stay Compliant with Sales and Use Tax
John Haggerty, Guest Blogger Sales Tax and More
The IRS Website: A Valuable Tool for Business Owners
Tax season is here again, bringing with it a load of forms and paperwork. Despite the hassle, accessing the necessary IRS forms and instructions is relatively straightforward through their website.
How the Right Chart Of Accounts Can Help Organize Your Amazon Business
Creating the Best Chart of Accounts for Your Amazon Business A Chart of Accounts is pertinent for organization of your business, especially when selling on Amazon. The chart of accounts will help you understand your numbers and manage your business more effectively. Financial statements are tricky and some of us spend many hours fussing over […]
Gross Profit Margins and Financial Health
As a business owner, the success of our business is what we put a majority of our energy into. We look into a lot of different moving parts when it comes to checking the health of our business, but we tend to focus on the top line sales number. Of course, there is no denying […]
Track 1099—Making Tax Time Easier for Ecommerce Sellers
The holidays are a wrap, and not only are we facing a new year, we’re entering a new decade! I can hardly believe how quickly time flies. I can’t help but get excited when I think about all the amazing things the future holds for us! Amazon Seller Tax Information Overload! Regardless of what type […]
How Profit First Shaped My Year
When I sat down to write this week’s blog, I decided to do a “year in review” and look back at all that 2019 brought with it. Once I put pencil to paper (well…keyboard to computer), I was amazed at just how full this year has been! We all get so busy juggling balls, keeping […]
7 Profit First Steps to Create Your 2020 Vision
So, 2019 is a wrap. I’ve seen mixed reviews about the year on Facebook; everything from best sales ever to very lackluster results. At this point, you’re probably focusing on next steps. Let me suggest a few that I’ve seen help clients successfully prepare for the upcoming next year.
Does Your Ecommerce Business Have a Squirrel Fund?
Have you ever noticed how diligent the squirrels are about collecting and burying acorns and other nuts? They are hard workers! Whenever the ground is covered with fallen nuts, you can bet the squirrels will be out there, working like there’s no tomorrow to gather and stash as many as they possibly can. Why? So […]
Client Spotlight: ckenico LLC
Chuck Kennicott, owner of ckenico LLC, had experienced the struggle firsthand, so he was relieved when he found bookskeep, an accounting company that already understood his finances. We asked Chuck about his experience with bookskeep and the team, and here’s what he shared with us.
Relay – A Good Choice for Profit First Bank Accounts
Anyone who has ever needed to set up a bank account knows what a hassle it can be. Between having to make a trip to the bank, waiting out the long lines, and filling out paperwork, one small account can take a huge chunk of time and energy. If you’re trying to set up accounts […]
