In this article, we have tried to collect the most useful articles from our blog to help you make sense of small business accounting for your e-commerce business, so you can sail through tax season as easily as possible.
Registering Your Business
The first steps you’ll take are to get your business registered with the appropriate state and federal agencies and to complete any necessary documentation for your brand assets.
Registering Your E-commerce Business: LLC or Corporation?
Here we’ll cover the basics of setting up shop as a sole proprietorship, an LLC, or a corporation.
How to Register a Trademark for your Online Store
Find out how to get your trademark officially registered so your branding is one-of-a-kind.
Separating Your Personal and Business Finances
Next up, you’ll want to make sure your finances are in order for hassle-free bookkeeping, accounting, and an easy-breezy tax time.
Small Business Bookkeeping & Accounting 101 for E-commerce
Setting up a separate business bank account is the very first step toward hassle-free accounting for your small business.
How Much Money Do You Need to Open an Online Store?
Create a budget for your business and get your financing in order before launch.
25 Places to Find Low-Cost Legal Advice For Your Business
If you’re looking for a lawyer but are concerned about the costs, be sure to consider first looking into low-cost resources for legal advice and tools.
Tracking Expenses / Choosing a Bookkeeping Solution
Accurate record-keeping is essential for proper reporting and reliable financial records. Learn what you need to keep the financial side of your business squeaky clean.
6 of the Best Accounting Apps for E-Сommerce Entrepreneurs
Find the right tools to properly document your business finances and for quick overviews on how your business is performing.
How to Ensure Inventory Accuracy
Inventory tracking is a big part of accurate expense tracking, so find out how to best tackle stock count.
Evaluating Pricing and Margins
Using your bookkeeping numbers as a guide, you’ll want to regularly monitor your margins and potentially re-evaluate your pricing strategy as your audience grows and the market changes. Here are some helpful pricing resources that can help keep you at the right price point.
How to Price Your Products? A Science-Backed Answer
Learn the optimal way to price your products within the ever-competitive online marketplace.
How To Set Your Pricing Strategy
Think of this as Pricing 101. Discover how to tackle pricing strategy so you’re always at the best possible price point for solid margins.
3 Bulletproof E-commerce Pricing Strategies to Consider for Your Online Store
Get up to speed on three different approaches to e-commerce pricing that can take your store to the next level.
Two Ways to Cover Expenses Without Increasing Product Prices
Learn how to increase your margins without raising prices and losing customers.
Automated Price Competition Tools: A Smarter Way To Do E-commerce
Take advantage of automated pricing tools that save time and optimize your strategy.
How to Work With Employees and Contractors
Once your business starts to grow, you’ll need to hire help to scale your business. Find out whether you should hire employees or work with independent contractors.
How to Work with Employees and Contractors
Find out how to scale your business and hire the type of help that’s right for your business.
Collecting Sales Tax
Selling products online means understanding how sales tax works. Use these resources to ensure you’re on the right track for collecting sales tax during the year.
Taxes 101 For E-commerce Business Owners
A basic getting started guide for collecting sales tax as an e-commerce store.
12 Tips for Navigating the January Sales Tax Perfect Storm
Must-know tips to help with preparing for tax season.
Why Do U.S. Sales Tax Rates Vary So Much?
The question on every retailer’s mind. Find out why rates vary by location.
How the New Value-Added Tax Guidelines for Selling Digital Goods
Understanding VAT and what it means for your online store.
Take the Headaches Out of Sales Tax With App of the Month
Find out how a tool like TaxJar simplifies the sales tax process.
Ecwid and Taxes
Beyond sales tax, there are some basic tax guidelines you should be aware of. Become an expert on what’s expected of you at tax time as an online business owner.
New Automatic Tax Calculations in Ecwid
How to use built-in platform tools for simpler tax calculations.
Tax Differences Between LLCs, C Corporations, and S Corporations
Be sure you’re taxing at the right level based on the type of business entity you’ve selected.
5 Steps to Sales Tax Compliance for Ecwid Merchants
Basic tips for guaranteed tax compliance.
Tax Exempt: Improve Tax Settings in Your Ecwid Store
Optimize the tax setting in your store for accurate charges and less stress.
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Now you have a clear understanding of what you need to do to make the tax man happy and get your e-commerce accounting in order.