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If you need help with your ecommerce accounting, sales tax, inventory management, or other accounting related issues, let us know.

Top 3

1. [DOWNLOAD] LedgerGurus Tariff Impact Calculator

We have just released a new tool to help you understand the impacts of tariffs.

Use the calculator to: 

• See impacts to profitability from increased tariff costs 

• Evaluate passing on costs through price increases 

• Estimate the impact of demand decrease from price increases 

See our companion video that explains the calculator: Tariff Impact Calculator: How Tariffs Affect Your Ecommerce Profits (and What to Do!) 

2. [LISTEN] How to Calculate the Impact of Tariffs on Your Profitability

Tariffs are increasing costs for ecommerce businesses, but how much will they actually affect your bottom line?

In this episode, we break down the financial impact of tariffs and discuss strategies to protect your profitability. 

In this episode, you’ll learn: 

• How to calculate the impact of tariffs on your profit margins 

• Whether absorbing costs or raising prices is the better move 

• The role of price elasticity in customer purchasing decisions 

• What tariff delays mean for your business 

3. [READ] Beneficial Ownership Information Reporting is Back

• Beneficial ownership reporting resumes as a Texas court lifts the injunction on the Corporate Transparency Act.

• New deadline for reporting of March 21, 2025 for affected companies. 

• Reporting is free for small businesses at FinCEN.gov/boi.

LedgerGurus can refer you to a partner if you want to pay for help with reporting. Just reply to this email.

In Other News

[WEBINAR] Purchasing & the Three-Way Match: Effortless Purchasing, Clean Records, Seamless Reordering

Purchasing mistakes cost time and money—learn how to streamline your process with three-way matching. 

In this webinar, you’ll learn: 

• How three-way matching keeps your records clean and audit-ready. 

• The best way to match purchase orders, invoices, and inventory. 

• How automation prevents problems, such as overstock, backorders, and manual errors. 

• Simple strategies to improve supplier management and reordering. 

[READ] Shopify Announces Product Adjustments to Address US Tariffs

• Shopify has made changes to its platform in response to tariffs.

• Shopify sellers can now show and charge duties during checkout. 

• See Shopify's article on Collecting international duties and import taxes at checkout.

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. 😊

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