The Seller Ledger Blog
Tackling challenges in bookkeeping for eCommerce sellers
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1099-Ks for Small Sellers
Last year, the IRS made a major change that will send a LOT more 1099-Ks to small online sellers. Prior to this change, only sellers who had at least $20,000 in gross receipts across more than 200 transactions in a year would received a 1099-K. Some states have already lowered the threshold. As part of…
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New Bookkeeping Website for Online Sellers
We’re Seller Ledger and we’re here to automate bookkeeping for online sellers. Why a new bookkeeping website? Hi, this is Kevin. I was the founding CEO of Outright.com, a bookkeeping website for online sellers that eventually became GoDaddy Bookkeeping. As many of you are painfully aware, GoDaddy Bookkeeping was shut down mid-year in 2022. We…
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