Economic Nexus Defined Ecommerce sales tax is a BEAST. A beast with a mean growl, sharp claws, and putrid breath…yeah, it’s scary. Facing the beast of ecommerce sales tax is so challenging that many small- to medium-sized businesses run or hide (we don’t blame you). Avoiding sales tax can threaten…
“Sales tax compliance” – that phrase should be enough to get your heart racing as an ecommerce business. Frankly sales tax compliance is a royal mess for ecommerce, especially in the wake of the South Dakota v. Wayfair ruling. Let’s bring you up to speed on what the ruling means:…
The Silicon Slopes Consumer Chapter held their November event last week with a panel discussion on Digital Marketing Strategies and Tactics for Optimal Results. The panel included Natalie House, VP of Digital for Traeger Grills; Rachel Nilsson, Founder and CEO of Rags; and Sam Alexander, CEO of PMD Beauty. Here…
Let’s get serious about understanding Cost of Goods Sold. I know you just cringed a little but hear me out. Truth is, COGS is the most important thing for you to understand and track towards the financial well-being of your ecommerce business and you can’t hide from it forever. Your…
By Brittany Brown, CEO I feel cheated by Amazon, don’t you? You’re probably thinking, “I made $100k in sales, but only saw $70K deposit in my bank account. Where did all my money go?” Because of this kind of confusion, we know that ecommerce accounting is so different and so much more…
Congrats, you’ve decided to start an Ecommerce business or have already started one and are hopefully seeing some success. You want to learn how to make sure your Ecommerce business survives and understanding the finances of your company is a main way to guarantee success. Failing to do so can…
The Silicon Slopes Consumer Chapter held the October event last week with a topic of Crowdfunding Your Next Product. The panel included three crowdfunding veterans: Jacob Durham, Owner and Co-Founder of Nomatic; Bryce Fisher, CEO of Ravean; and Aaron Novak, Owner of Matix Labs. Combined, they have raised or worked…
With LedgerGurus growth in employees, customers, and revenue, we’re started to get noticed. Brigham Young University (BYU) highlighted LedgerGurus’ founder and CEO, Brittany Brown, in the School of Accountancy 2016-2017 Annual Report and the Marriott Alumni Magazine, Winter 2018. Each, noted Brittany’s journey from single mom to accounting degrees at…
We are big on QuickBooks Online here at LedgerGurus. With QuickBooks Online’s accessibility, ease of use, great support, and powerful ecosystem, we believe it is a great fit as the accounting solution for most small businesses today. One big change is an 2018 updated QuickBooks Online Certification. As all of…
Last week was the first time bringing the entire company together for our LedgerGurus 2018 Kickoff. It was quite a gathering with 35+ employees gathered in one place, driving or flying in from five different states. The venue was a beautiful meeting room inside the new Hale Center Theatre in…
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