Sales tax nexus for online sellers, inventory, Amazon and Shopify reporting, dropshipping, international sales, and the tax side of vending machine and ATM routes.
16 guides, each written by a CPA licensed in the US and Canada.
FBA scatters your inventory across Amazon's warehouse network, and that alone can create a sales tax obligation in every state your stock lands.
US TaxATM businesses are minimally seasonal (5-15% variance). Machine purchases create large Year 1 depreciation deductions that reduce or eliminate estimated.
US TaxATM machines are depreciable assets ($2,000-$8,000 each, 7-year MACRS eligible for bonus depreciation). ATM business deductions: ATM machines (depreciable.
US TaxATM operation is NOT a specified service trade or business (SSTB). S-Corp election makes sense at $55,000-$65,000 in net profit.
US TaxA dropshipper is the retailer of record even though it never touches the product, and that changes who collects sales tax and how income gets reported.
US TaxAn LLC protects your personal assets but doesn't change your tax bill by itself. A single-member LLC is a liability shield, not a tax election; by default.
US TaxCost of goods sold is the single biggest deduction most online sellers have, and the costing method you pick changes taxable income every year.
US TaxEconomic nexus means an online store can owe sales tax in a state it has never set foot in. Here's how the thresholds work and when to register.
US TaxMost online sellers under-deduct because they don't know what counts, or over-deduct because they don't know where personal use disqualifies an expense.
US TaxNo employer is withholding tax from your store's income, which means you owe it yourself, four times a year. Self-employment tax runs 15.3% (12.4% Social.
US TaxSelling into the EU or UK means charging foreign VAT at checkout, not just shipping the package. Selling into the EU: VAT is due on every consignment.
US TaxShopify's default reports don't map cleanly to a proper set of books. Here's the chart of accounts and reconciliation process that actually works.
US TaxEstimated tax planning for vending operators: - Year 1 with equipment purchases: bonus depreciation likely creates an NOL.
US TaxVending machines are 7-year MACRS property eligible for bonus depreciation. COGS (product inventory) runs 40-55% of revenue.
US TaxVending machine businesses are NOT an SSTB. Machines depreciate over 7 years (or 100% bonus in Year 1). Entity structure comparison for vending machine.
US TaxThe moves that actually lower your e-commerce tax bill happen before December 31, not after. A physical inventory count before year-end lets you write.