The Seller Ledger Blog
Tackling challenges in bookkeeping for eCommerce sellers
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1099-K Reporting Limit Increased: 2025
Some good news for small eCommerce sellers! Congress, in the new One Big Beautiful Act, has restored the original 1099-K reporting threshold to $20,000 and 200 transactions in a year. As a reminder, as part of the American Rescue Plan of 2021, the plan was to lower the reporting threshold to $600, though the IRS…
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Track cost of goods sold with Poshmark
Based on a recent question from a customer, we decided to outline the steps to make sure you automate the ability to track cost of goods sold with Poshmark. As we wrote in a prior blog post regarding eBay and cost of goods sold, it is possible to automate your cost of goods calculations in…
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Hide older accounts from your dashboard
As part of our recent rollout of expanded support for balance sheet accounts, we’ve also made it possible to hide old connected accounts from the dashboard. For those users who may have switched bank accounts, or had new credit cards issued, you likely want to keep all of the transaction history in those accounts (deleting…
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