|
|
|
In this week's edition: In this week's edition: Ecommerce Tax Strategy in light of the Big Beautiful Bill, the Top 10 Expensive Sales Tax States for Ecommerce, and Why Good Businesses Run Out of Cash
If you need help with your ecommerce accounting, sales tax, inventory management, CFO, or other accounting related issues, let us know. |
|
|
|
|
|
|
|
|
1. [LISTEN] Ecommerce Tax Strategy and the Big Beautiful Bill |
- New accelerated depreciation rules increase near-term tax savings on equipment purchases.
- Research and development tax credit changes can benefit sellers with significant R&D investments.
- The Qualified Business Income deduction is a winfor the right type of businesses.
- Online tax advice is compelling, but often inaccurate and risky.
|
|
|
|
|
|
|
|
- Louisiana leads ecommerce sales tax burden at 10.11%, driven by complex parish-level compliance requirements.
- California and New York’s massive sales volumes push ecommerce brands into nexus compliance faster despite lower average statewide tax rates.
- Ecommerce sellers must track local tax rates and economic nexus rules, not just statewide sales tax percentages.
|
|
|
|
|
|
|
3. [READ] Why Good Small Business Always Run Out of Cash |
- Over half of small businesses hold less than 31 days of cash reserves.
- Inventory management systems help understand what products are performing and optimize purchases.
- 30% of businesses are using alternative lenders when banks fail to provide needed lending.
|
|
|
|
In Other News |
|
|
|
|
|
|
[READ] Brands are getting creative as fuel costs raise shipping fees |
- UPS added emergency surcharges while USPS implemented temporary 8% fuel surcharge through at least January 2027.
- Brands are diversifying carriers and considering speed, bulk, and volume requirements.
- Fulfillment automation is being used to optimize costs looking at item pricing and speeds.
|
|
|
|
|
|
|
[READ] Lower Tariffs Could Be Ahead. Here’s Why. |
- The 10% temporary tariffs set to expire in July could be reimposed
- Some tariffs could be lowered on Chinese trade and elsewhere.
- U.S. tariff rates average 11.8%, up from 2% pre-Trump but below last year’s 18% peak.
|
|
|
|
|
|
|
We'd love to know what you think about this newsletter. Love it? Hate it? How can we improve it?
Reply to this email and let us know. 😊 |
|
|
|
|
|
|
You Don't Want to Do Your Accounting... But We Do! |
|
Here's how we can help: |
|
|
|
|
|