by Fully Accountable | Tax Strategy
Make taxes less taxing with these simple tax preparation checklists. ✅ Say good-bye to last minute stress.✅ Get organized and streamline the filing process.✅ Ensure you’re prepared to file your taxes. Whether you’re a seasoned business operator or a...
by Rachel Phillips | Tax Strategy
The tax deadline is upon us. Many business owners face the same questions: How did that tax payment sneak up on me again? And how am I going to manage cash flow to make the payment AND keep my business afloat? Here’s the good news: You don’t have to...
by Fully Accountable | Accounting, Tax Strategy
As the year draws to a close, Shopify store owners must shift their focus from sales and marketing to tax preparation. Proper year-end tax planning is crucial to ensure compliance with tax regulations, maximize deductions, and avoid penalties. Whether you are a...
by Fully Accountable | eCommerce Accounting, eCommerce KPIs, Tax Strategy
Navigating sales tax compliance can be overwhelming for e-commerce businesses, especially with the varying state rules and the complexities of online transactions. From understanding what sales tax is to determining when and how to collect it, staying compliant...
by Fully Accountable | eCommerce KPIs, Tax Strategy
As tax season approaches, e-commerce business owners face the critical task of managing their financial records and ensuring compliance with tax laws. While often stressful, this annual process presents a valuable opportunity to evaluate your business’s economic...
by Fully Accountable | Tax Strategy
Filing taxes can be complex, especially when reporting payments made to independent contractors and vendors. As such, a business requires Form 1099-NEC as an important document that accounts for compliance with the Internal Revenue Service (IRS) and proper reporting...