Get a free tax consultation with eCommerce Accounting LLC at https://www.askjimmysmith.com/eca

DISCLAIMER: I'm not a CPA or a tax advisor, please consult with your own professional to see what works best for your own specific situation.

Every year, thousands of eCommerce sellers, from Amazon FBA to Shopify, overpay thousands in taxes because they don’t know these key strategies. In this video, I reveal the most overlooked tax deductions and smart accounting moves that could keep thousands of dollars in your pocket this tax season.

What You’ll Learn:

• The 3 deadly tax traps every eCom seller must avoid

• Legit deductions most sellers miss (home office, mileage, software, etc.)

• How to structure your business (LLC vs. S-Corp) to reduce taxes

• Real examples from 10+ years running a profitable eCom business

• Bonus: How to talk to an eCommerce-specialized CPA

Amazon sellers and eCommerce entrepreneurs over $5k per month in sales:

If you're ready to scale your Amazon business to new heights, APPLY HERE to join the Business Building Legends community: https://www.askjimmysmith.com/legends

Not there yet?

If you're just starting out or earning less than $5,000 per month on Amazon, YOU are why I make all my best resources FREE. I have nothing to sell you. Access my FREE 30-day training and other tools here: https://www.askjimmysmith.com/freetraining

Chapters :

00:00 Why Most eCom Sellers Overpay in Taxes

00:34 The 3 Traps That Drain Your Profits

01:33 Trap 1 Missed Business Deductions

02:16 Trap 2 Inventory Accounting Mistakes

03:33 Trap 3 Multi-State Tax Compliance

04:12 Real Deductions You’re Probably Missing

05:33 Software, Training, and Education Expenses

06:12 Advertising and Professional Services Deductions

07:06 The S-Corp Strategy Explained

08:42 Who Should and Shouldn’t File as an S-Corp

09:04 Final Thoughts and Free Consultation Offer

Other eCommerce Training and Business Building Links:

Free Amazon Facebook Group:

https://bit.ly/mstgroup

The Proven Amazon Course:

https://bit.ly/paccourse

eBay Training Community:

https://treasurehuntingprofits.com

Amazon Coaching (affiliate):

https://bit.ly/jimcockrumcoaching

eCommerce Accounting Services:

https://ecommerceaccountingllc.com

Replen Dashboard:

https://www.replendashboard.com

Affiliates and Discount Links:

Aura Repricer:

https://bit.ly/replensgoaura

Helium10 (Discounts):

https://bit.ly/helium10ajs

Disclaimer:

While all of these success stories/testimonials are from real people and we get more each and every day, please understand however that the results posted are not typical. I'm not implying you’ll duplicate them or that you’ll get any results at all! Your results will vary greatly and will depend on many factors including your experience, work ethic and other factors as well. The fact is, the average person who buys any business course or training gets little to no results. The results I share here and in other places are for reference only. Business always involves risk and your best chance of success is to take consistent, intentional action. We can equip and inspire you, but no one, including me can guarantee your results!

#ecommerce #AmazonFBA #Taxes #BusinessTips #Entrepreneurship #Shopify #Accounting #TaxStrategy