Amazon sellers, by default, have complicated financials. Unlike a simple service business for example, an Amazon seller needs to account for inventory, cost of goods sold (COGS), sales, and Amazon fees (FBA, inbound shipping, fulfillment center, etc). If you have reached any sort of significant volume in your business, a robust bookkeeping system becomes necessary—unless […]

Sometimes I will get a potential client that is using their personal bank account for their business.  Most of the time they’ve just started their new business, are new to freelancing, or are bloggers/Etsy-sellers/etc that have just started turning a real profit. Whatever the case may be, and whether or not they hire me, I […]

The first year I had to file taxes as a business owner, I was scared, overwhelmed, and a bit under-prepared.  The good news is that if you have kept up on your bookkeeping all year, and if you are a sole proprietor or are a single-owner LLC, doing your business taxes is EASY.  Schedule C […]