Amazon Sellers in Yonkers, New York and Westchester
Ecommerce has become the norm reaching over $500 billion in retail sales over the past year. Amazon has distinguished itself as the number one online marketplace holding over 49% of the market with retail sales over $250 billion in the U.S. alone. It’s no wonder entrepreneurs have rushed to claim a piece of this flourishing market.
Amazon sellers are still held to normal business taxation and accounting rules. Amazon’s business model has proven to be a challenge for Amazon Sellers to properly account for Amazon’s fees and pay out process. It has led to accounting errors and under reporting of tax liability.
True Tax Solutions specializes in accounting and tax preparation for Amazon Sellers. Whether you ship your own products or use Amazon’s Fulfillment by Amazon (FBA) service, True Tax Solutions will work with you to properly account your 1099K, sponsored ad fees and all the other expenses that come with being an Amazon Seller. True Tax Solutions will review your Amazon reports, inventory purchases and costs of goods sold to ensure your expenses are properly reported and you tax liability is accurate.
Contact True Tax Solutions today for your Amazon Sellers Tax Preparation needs.