Amazon Wins $1.5 Billion Tax Battle with IRS
Whew! We made it through another tax season, Profit Planners. Whether you had an assist or went the DIY route, we hope you spent the last week breathing deeply, letting the stress melt away, and enjoying the things in life that are free. (We hear these are the best things.) I have to say, the…
Woo-Hoo! Xero Hits 1 Million Subscribers!
You know that feeling when your sports team takes the championship. When your local school district receives a national recognition. When your neighbor's high schooler gets accepted to a prestigious university. It's that feeling of sharing in somebody else's win. That's how we felt last week when we heard that Xero had reached 1 million subscribers….
Don't Miss This Easy Online Business Tax Deduction!
Profit Planners, rejoice! There's a new deduction in town. Actually, it's not that new. It's been around since 2013. But it remains one of the most ignored deductions available to online business owners. Consider this statistic: Although an estimated 26 million Americans have home offices, just 3.4 million taxpayers claim home-office deductions. For those suffering from audit paranoia, Forbes…
Amazon Sellers — You Need This Tool!
If you haven't discovered the joys of A2X yet…well, today might as well be Christmas for you. This nifty online tool integrates your Amazon financial data into your Xero chart of accounts. Just like magic. No more individual transaction entries. No more untangling the mess of seller fees. Just your two biggest sources of financial data, playing nice together…