Category: Legal And Taxes

If you want to start an ecommerce business, there are several things to consider from a legal and accounting perspective.

In this section, you’ll learn how to make your business legal, which corporate structure to choose and how to handle taxes for your shop.

Legal And Taxes

What the De Minimis End Means for Etsy and eBay Sellers

The end of the $800 de minimis rule crushes cross-border Etsy and eBay sellers with tariffs and $80-200 handling fees. For US-based sellers, it is the biggest opportunity in years.

Legal And Taxes

De Minimis Is Gone: What It Means for Ecommerce Sellers

The $800 de minimis (Section 321) loophole is gone. Postal shipments now face tariffs plus an $80-200 handling fee per shipment. Here's who wins, who loses, and what sellers must do now.

Legal And Taxes

11 Best Online Bookkeeping Services For Small Businesses

If you run an online store or a local business, hiring an online bookkeeping service can save you time and money and help you stay organized. But with so many platforms to choose…

How to Build an Online Store

What Is A Resale Certificate And How To Save On Sales Tax

One of the best ways to grow your wealth is to start an online business. And the easiest way to get started in ecommerce is to resell existing products. Basically, you buy…

Amazon

How To Trademark A Name For Amazon Brand Registry

This short guide will teach you how to trademark a name for your business so you can participate in the Amazon brand registry. Most people who start an online business unknowingly neglect…

How to Build an Online Store

Types Of Businesses – C Corp Vs S Corp Vs LLC Vs Sole Prop

Most brand new entrepreneurs get hung up on the business formation process because they don’t understand what types of businesses are out there. Let’s face it, not everyone has an MBA. Not…

Legal And Taxes

How To Open A Business In The USA As A Foreigner From Another Country

I was checking my Google Analytics the other day and discovered that 32% of my blog traffic is from a country outside of the United States. That’s almost a third! And if…

Case Studies

Hiring An Accountant To Do Your Taxes Vs Using Turbo Tax Or Tax Cut

Do you really need an accountant to file your taxes? And will an accountant actually save you money versus using an off the shelf tax program like Turbo Tax? In this post,…

How to Build an Online Store

Is Your Business Just A Hobby In The Eyes Of The IRS?

After reading my series of articles on how to save money on your taxes, a buddy of mine decided that he was going to start taking extra tax deductions by turning one…

How to Build an Online Store

Do You Need Small Business Insurance With An LLC Or Corporation?

I received a question from a reader the other day in regards to whether small business insurance is necessary for a business even if one is protected by limited liability via an…

How to Build an Online Store

How Much The Average American Can Save On Taxes By Having A Business

Many would be entrepreneurs hesitate to start their own business because they think it is too risky from a monetary perspective. In fact, most people don’t think starting a business is even…

How to Build an Online Store

Small Business Resources And Where To Find Help- The Ultimate Small Business Startup Guide Part 7

Especially if you’re a first time entrepreneur, starting your own business can be quite overwhelming and it helps to know about the small business resources at your disposal. After all, there are…

How to Build an Online Store

Small Business Accounting And Bookkeeping Can Be Fun – The Ultimate Small Business Startup Guide Part 6

This is part 6 of a 7 part guide on how to start a small business. In this lesson, you’ll learn about small business accounting and bookkeeping. Probably the most boring and…

How to Build an Online Store

Hiring Employees Vs Independent Contractors For Your Small Business – The Ultimate Small Business Startup Guide Part 5

This is part 5 of a 7 part guide on how to start a small business. This lesson will cover whether to hire employees vs independent contractors for your business and the…

How to Build an Online Store

Business Expenses: How To Take Tax Deductions On Your Car, Home, Travel, Meals & Equipment

Most people dread tax season when April 15th comes rolling around, but I actually get excited and almost giddy. The reason is not because I enjoy filling out paperwork and paying the…

How to Build an Online Store

How To Get A Sellers Permit, Fictitious Business Name And FEIN For Your Ecommerce Business

Even though it’s not technically difficult to officially register your business with the US and state government, it can be quite intimidating. When my wife and I first started our ecommerce store,…