A situation we see a lot with new eCom sellers is they use their personal credit cards and personal bank accounts to start their business. In a lot of cases, it's just kind of a side hustle and they have no idea whether it's going to work or not.
Ideally, you want to put all business transactions on business credit cards and business bank accounts.
If you didn't do this, and you need to get ready for taxes, here's our recommendations.
FREE RESOURCES:
💻 | Business Tax Worksheet to calculate your expenses and mileage: [ Ссылка ]
🧮 | Physical Inventory Calculator: [ Ссылка ]
😲 | 7 Profit Crushing Mistakes That Will Destroy Your eCommerce Business ebook: [ Ссылка ]
NEED HELP WITH TAXES OR BOOKKEEPING?
❓ | Frequently Asked Questions: [ Ссылка ]
📄 | Request a Tax Proposal To Work With Us: [ Ссылка ]
💪 | Schedule a 30 Minute FREE Strategy Session: [ Ссылка ]
**Information in our videos is for educational purposes only, and should not be treated as legal, tax, or accounting advice. You should consult your own tax, legal, and accounting advisors before taking action on anything mentioned in our videos.
