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92 tagged with "Inventory"

Inventory tracking, valuation, and management for businesses

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Section 280E: How Cannabis Businesses Survive a 70% Effective Tax Rate
·mike

Section 280E: How Cannabis Businesses Survive a 70% Effective Tax Rate

Section 280E bars cannabis businesses from deducting ordinary expenses, pushing federal effective tax rates past 70%. A walkthrough of the math, the COGS lever under Section 471, key Tax Court rulings (CHAMP, Olive, Harborside), and what 2026 rescheduling could change.

tax
tax-compliance
tax-planning
cost-of-goods-sold
+4
Restaurant Accounting Demystified: Prime Cost, Tip Pooling, and COGS
·mike

Restaurant Accounting Demystified: Prime Cost, Tip Pooling, and COGS

A working guide to the three numbers that decide whether a restaurant makes money — prime cost, food and beverage COGS, and tip pooling — with 2026 benchmarks, FLSA rules, and a weekly accounting cadence.

restaurant
accounting
cost-of-goods-sold
payroll
+4
Sage Accounting Software: A Complete Guide for Small Businesses
·mike

Sage Accounting Software: A Complete Guide for Small Businesses

Sage Business Cloud Accounting starts at $10/month with built-in inventory management and multi-currency support—here's how it stacks up against QuickBooks and Xero, who it's best for, and where it falls short.

accounting-software
small-business
bookkeeping
invoicing
+3
QuickBooks for Shopify Sellers: Is DIY Bookkeeping Worth It?
·mike

QuickBooks for Shopify Sellers: Is DIY Bookkeeping Worth It?

A practical guide for Shopify sellers on setting up QuickBooks correctly—covering payout structure, integration apps (A2X, Synder), monthly reconciliation steps, and the most common mistakes that inflate revenue or miss COGS.

quickbooks
e-commerce
bookkeeping
reconciliation
+4
Ecommerce Tax Deductions: The Complete Guide for Online Sellers
·mike

Ecommerce Tax Deductions: The Complete Guide for Online Sellers

A practical breakdown of every major tax deduction available to ecommerce sellers in 2026—covering COGS, home office, shipping, the QBI deduction (now 23%), 100% bonus depreciation, and the stabilized 1099-K threshold—with documentation practices to survive an audit.

tax-deductions
e-commerce
small-business
self-employment
+3
Bookkeeping for Amazon Sellers: The Complete Guide
·mike

Bookkeeping for Amazon Sellers: The Complete Guide

A practical guide to Amazon FBA bookkeeping—covering settlement report reconciliation, FBA fee deductions, COGS calculation, multi-state sales tax nexus, inventory tracking, and quarterly estimated taxes.

bookkeeping
amazon
e-commerce
tax
+3
Amazon Seller Taxes: A Complete Guide for Online Sellers
·mike

Amazon Seller Taxes: A Complete Guide for Online Sellers

Amazon FBA sellers face sales tax nexus in 26+ states, 15.3% self-employment tax on profits, and a 1099-K that overstates income. This guide covers filing obligations, deductible expenses, and recordkeeping practices to stay compliant year-round.

amazon
tax
tax-compliance
tax-deductions
+4
Best Ecommerce Accounting Software in 2026: The Complete Guide for Online Sellers
·mike

Best Ecommerce Accounting Software in 2026: The Complete Guide for Online Sellers

A practical comparison of the six best ecommerce accounting tools in 2026—QuickBooks Online, Xero, Wave, Zoho Books, FreshBooks, and A2X—covering payout reconciliation, multi-state sales tax, inventory tracking, and how to choose based on your volume, channels, and budget.

e-commerce
accounting-software
reviews
tax-compliance
+3
Ecommerce Accounting Challenges: How to Manage Your Online Business Finances
·mike

Ecommerce Accounting Challenges: How to Manage Your Online Business Finances

Ecommerce accounting is more complex than traditional retail. Learn about the 6 biggest challenges — from multi-channel reconciliation and sales tax nexus to inventory COGS and cash flow timing — and how to solve each one.

ecommerce
accounting
bookkeeping
small-business
+4
LIFO Inventory Method: What It Is, How It Works, and When to Use It
·mike

LIFO Inventory Method: What It Is, How It Works, and When to Use It

Learn how the LIFO (Last In, First Out) inventory method works, compare LIFO vs FIFO with examples, understand the tax advantages, LIFO reserve, liquidation risks, and when LIFO is the right choice for your business.

accounting
small-business
inventory
tax-planning
+3
Ecommerce Accounting: A Complete Guide to Managing Your Online Business Finances
·mike

Ecommerce Accounting: A Complete Guide to Managing Your Online Business Finances

Learn how to manage ecommerce accounting including multi-channel revenue tracking, inventory and COGS management, sales tax nexus compliance, returns handling, and essential financial reports for online sellers.

accounting
e-commerce
small-business
bookkeeping
+3
FIFO Inventory Method: What It Is, How It Works, and When to Use It
·mike

FIFO Inventory Method: What It Is, How It Works, and When to Use It

Learn how the FIFO (First In, First Out) inventory method works, how to calculate COGS and ending inventory, FIFO vs. LIFO differences, tax implications, and when FIFO is the right choice for your business.

accounting
small-business
inventory
bookkeeping
+3
Showing 73–84 of 92 posts