Blog | Equivion

Tax Planning

Maximize Savings: Every E-Commerce Tax Deduction You Can Take in 2024

“What can I write off this year?” It’s a question every accountant gets at the beginning and end of the financial year. And for good reason! Unlocking the intricate maze

Payroll

How to Create an E-Commerce Budget for 2024

As experienced e-commerce accountants, we've been through numerous budgeting processes, and while there's no one-size-fits-all approach, we have a few tricks up our sleeves to make the process smoother.

Payroll

Hiring Headaches: 1099 Contractors vs. Employees for Your Ecommerce Business

One of the most important choices you’ll make comes during the hiring process: 1099 contractors vs. employees.

Bookkeeping

What to Look for in an E-Commerce Bookkeeper

In today’s blog, we’re going to dive into what an ecommerce bookkeeper does, and what you can expect in terms of output each month.

Bookkeeping

The 3 Best Ecommerce Accountants to Handle Your Business Finances

In today’s blog, we’re going to dive into what an ecommerce bookkeeper does, and what you can expect in terms of output each month.

Inventory Management

How-to Track COGS for Ecommerce Businesses

What exactly is the cost of goods sold (COGS), and how can you track COGS in an ecommerce business? We're diving in everything you need to know in today's post.

Sales Tax Compliance

How To Determine Nexus for E-commerce Businesses in 2024

By the end of this blog post, you’ll understand how to determine nexus for an eCommerce business in 2024.

Bookkeeping, Financial Analysis

The Balance Sheet for Ecommerce Businesses

Running an e-commerce business can feel like juggling a lot of financial puzzle pieces. You’ve got sales to track, expenses to manage, and customers to keep happy. But have you

Bookkeeping, Software Set Up

Get Your E-Commerce Chart of Accounts 2023

In the e-commerce industry, you have a million things to track: manufacturers, shipping, inventory, employees, bills, sales tax, and more. Now imagine that you need to find out what you