Introduction As the 2025 tax season approaches, significant changes are on the horizon. Former President Donald Trump’s newly proposed tax legislation is set to reshape how individuals and businesses...
Introduction Selling Halloween costumes, holiday décor, winter jackets, or summer gear on eBay? Welcome to the fast-paced world of seasonal product sales where timing is everything and so is...
Introduction Selling in person using Shopify POS? Then you’re not just a merchant you’re a business owner in the eyes of the IRS and your state. Whether you’re operating...
Introduction Are you using Shopify POS to manage in-store sales and selling products simultaneously on Amazon? Congrats you’re operating a hybrid retail model that maximizes reach. But in 2025,...
Introduction Returns are a fact of life in eCommerce especially for private label sellers on eBay. But in 2025, return mismanagement can lead to IRS mismatches, profit distortion, and...
High-Volume eBay Sellers on Amazon If you’re running an eBay store but fulfilling orders via Amazon FBA or storing inventory in Amazon warehouses, you’re what we call a multi-platform...
Introduction Selling handmade candles, crafts, soaps, or jewelry on Shopify? Then you’re not just an artist you’re a business owner. And that means the IRS expects you to treat...
Filing timely returns for partnerships (Form 1065), S corporations (Form 1120-S), and LLCs (if filing as partnerships or corporations) can be challenging. IRS Form 7004 provides an automatic six-month...
Introduction Individual Retirement Accounts (IRAs) offer a great way to save for retirement while reducing your tax burden. The two main types—Roth IRA and Traditional IRA—offer different tax advantages,...
Introduction A 401(k) retirement plan is one of the most powerful ways to reduce taxable income and grow wealth for retirement. The IRS updates contribution limits each year, allowing...