Ecommerce Sales Tax
The business environment is no longer about selling products, it’s about applying technology. It’s not about providing services, it’s about understanding your customer. It’s not about driving sales, it’s about serving the niche. Does it sound like your business? Are you in the business of selling products, fostering creativity and building relationships? Isn’t that the only source of value in today’s digital economy?
We understand your day-to-day challenges. Striking the right note with customers is not easy. Funding seems to be always short. Finding good employees and partners is a time-eating exercise. Your friends and relatives do not have a slight understanding of what you are working on.
21st Century Approach
We believe that day-to-day accounting should not be part of your challenges. Finding a good accountant who speaks the language of e-commerce is not easy. Most accountants are old-school who have been left behind by technology. That is the gap Tax Partners fills. Our clients enjoy access to expert tech-savvy accountants who know how to speak the language of entrepreneurs, startups, and agencies.
Ecommerce Sales Tax Accounting Solutions
Know your numbers using the latest fintech tools:
System Onboarding
We will onboard your ecommerce business on the modern accounting platform.
Cloud Accounting System
Monthly subscription to advanced cloud accounting system.
Account Reconciliations
All bank and credit card reconciliations every month.
Monthly Reporting and KPI Analysis
Know where your business stands with our insights and commentary.
Multi-Channel Integrations
Consolidate sales data among multiple online selling platforms
Client Portal
Secure, fully-encrypted SharePoint client portal for exchange of financial information.
App Integrations
Integration of 3rd party accounting applications
Cost of Goods Sold
Calculate proper amounts of COGS on your financial statements
Inventory Valuation
Ensure proper inventory valuation for financial reporting
eCommerce Tax Solutions
Stay compliant with complex tax regulations:
Annual Return Filings
Preparation and filing of corporate annual return filings
Corporate Tax Return
T2 preparation and filings of corporate tax returns to the Canada Revenue Agency (CRA)
Sole Proprietorship / Partnership Tax Return
T1 preparation and filings of the business tax return to the Canada Revenue Agency (CRA)
U.S. Foreign Income Tax Returns
Preparation of U.S. tax returns for your Canadian entity and US individual tax return
GST/HST Filings
Preparation and filing of annual federal/provincial sales tax returns.
Provincial Sales Tax Returns (PST/RST/QST)
Preparation of provincial sales tax filings
U.S. Sales Tax Analysis
Know your U.S. sales tax obligations for every state you sell in
Audit Assistance
We can represent you if your return is selected for an audit upon your request
Tax Planning & Advice
We will advise on tax planning opportunities for your business in the coming years.
eCommerce Payroll Solutions
Put your employee payments and deductions on auto-pilot:
Electronic Payroll
Seamless, paperless direct deposit for your employees, including periodic pay stubs.
CRA Deductions
Calculation and remittance of monthly CRA deductions before deadline.
Direct Deposit
Keep your employees happy by paying them directly into their accounts.
Vacation Tracking
Be in compliance by paying and providing the right amount of vacation days.
Online Portal
Let employees access their pay stubs and tax forms on a secure online portal.
Time Sheets Integration
Use the latest tools to track employee hours worked.
Employee vs. Contractor Analysis
Know correct tax treatment of your employees.
Year-end T4/T4 Summary Filings
All government form filings prepared before the deadline.
ROE Filing
File the right forms with Service Canada for employee leaves.
Contact us today for a FREE initial consultation appointment at [email protected] or by phone at 905-448-2241.