It’s the 1099 time of year again! But what does that mean and who should pay attention? Read on to find out! First off, it’s not the 1099 you’re used to this year! Of course with everything else going on in 2020, the IRS decided to throw one more curve ball and change the decades-old…
That headline is a mouthful- I wasn’t really sure how to shorten it down! Essentially, it’s something that comes from the state of California from the Franchise Tax Board and it says you might owe them taxes even if your business is outside of CA! It looks like this: We had a client get it…
While finishing my morning cup of coffee today I came across this article trying to make the case that Amazon is now facing serious competition and is in trouble in the ecommerce world. Since we are pretty heavily involved with Amazon seller bookkeeping and the ecommerce world in general, obviously this got my attention. But…
Being a small business owner comes with a lot of challenges, especially if you are new to being in business. One of those challenges is learning the terms that go with running a business which includes learning about accounting and bookkeeping. In this article we’re going to cover the concept of net income, which many…
Trying to figure out how much an Amazon (or really, any ecommerce product launch) is going to cost can be difficult. But the launch cost isn’t really the whole story! I wanted to figure out how long it would take to make the money back invested in the launch plus the results of the ongoing…
This is a question we at CapForge get all the time and even when it isn’t asked we find ourselves addressing it with clients frequently because it could be saving them money if they switch. There is a lot of misinformation out there as well as simply misinformed or wrongly motivated advice on how business…
Thanks for everyone who attended! If you have specific questions, you can reach us info@capforge.com. Here are some of the most common ones we got: Is my country on the list for Amazon US sellers? Here is the list: Amazon US Seller Supported Countries Does my country have a tax treaty with the US? Here…
This is a guest post from Graphic Rhythm Designs. For succeeding as a business, it’s essential to deliver high-quality service and products that add value to the lives of your customers. But in a competitive marketplace that’s not sufficient. You got to create a positive association with your name and stand out in the mind…
This is a guest post from Graphic Rhythm Designs. Why did you start your venture? If you’re like most entrepreneurs, then it was one of the following reasons: You wanted freedom from your routine, You were passionate about an idea and wanted to bring it to life, You desired to make more money than you…
After hitting just over 100 Amazon seller clients I felt like we were pretty well qualified to write a book on how to do bookkeeping for Amazon sellers! We have mostly FBA private label sellers, but also a good mix of wholesale, retail arbitrage and multi-channel sellers we work with. Very few other accounting firms…