What’s more important – profitability or growth? Yes, is the answer! Growth is important to long-term sustainability, but profitability allows a business to stay alive. Getting lost in one or…
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Keeping receipts for business expenses can be a pain. In this article, we cover four key reasons why it’s important: Tax Justification Accounting Simplification Expense Approval Audit Readiness In addition, we will mention some great tools in…
Here at LedgerGurus, our services can be too expensive for small ecommerce businesses. This is due to the ecommerce specialized services we provide, resulting in a more detailed level of…
Shopify is an excellent platform to start your business journey. We’ve worked with many businesses who have found success with Shopify as their main sales channel. As your Shopify business…
As an ecommerce business, your largest asset is likely your inventory (unless you use a drop-shipping model). Therefore, understanding your inventory is key to the success of your business. This…
Bill.com went public last month on December 12, 2019. What better time than to do a Bill.com review for those considering using it. It’s a great app and we have…
There is a new W-4 form in 2020 with a number of changes. Here is a 2020 W-4 form overview of what you need to know as an employer with some resources…
The U.S. Department of Labor (DOL) has some 2020 overtime rule changes that will affect businesses. These changes take effect on January 1, 2020 and affect the definition of exempt employees and…
When it comes to sales tax laws, New York doesn’t mess around. In fact, the state of New York was one of the first states with online sales tax laws requiring out-of-state…
Most ecommerce businesses know they need to do something about sales tax. But as many find out, it’s a complex challenge to solve. Knowing where to collect, how much to…
