The Seller Ledger Blog
Tackling challenges in bookkeeping for eCommerce sellers
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eBay 1099-K doesn’t match
One of the most interesting things that happens during tax season is that people tend to start paying much closer attention to their numbers than during the rest of the year. There are LOTS of cases where different sources provide different numbers. But perhaps the most frustrating cases come when a single company reports different…
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Etsy 1099-K doesn’t match!
“While reviewing our tax and sales information in the Etsy dashboard, I noticed a significant discrepancy between Etsy’s reported numbers and Seller Ledger’s figures regarding total sales and income.” Thus began a recent email exchange with a customer. And because we take accuracy rather seriously here at Seller Ledger, we dug right in immediately. Fortunately,…
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6 Tips to simplify Shopify taxes
Tax time is here (in the United States, anyway) and for Shopify businesses in particular, that means a lot of potential complexity. And now that the 1099-K threshold is being lowered to $5,000 per platform, now is a great time to consider ways to simplify Shopify taxes You can avoid a lot of hassle by…
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