New States continue to roll out as part of the Marketplace Sales Tax Nexus. As of October 1, 2019, Etsy is collecting and remitting Sales Tax in many states, including California and Colorado on behalf of sellers. We, at Accounting for Jewelers, keep this up to date for you as our client with Sales Tax...Read More

PayPal: effective as of October 11, 2019, will not charge a fee to process refunds, but the fees from the original transaction will not be returned.Want to know more? Does not apply to VoidsSpeak up in the PayPal communityAll about PayPal refundsRead More

The Jewelers Board of Trade (JBT) has partnered with Mariel Diaz, founder and Managing Director of Accounting for Jewelers, to offer two free financial educational webinars: “Understanding Financial Statements” and “How to Develop an Annual Budget”. All registrants will receive a recording and accompanying worksheets. • Understanding Financial Statements, October 16, 2018, 2:00 – 3:00 pm EST...Read More

If you’re doing your taxes and not enjoying your current mileage tracking method or worse yet, having to create a historical log from last year, then we have a solution. Use our partner link to get 20% off MileIQ:  https://www.mileiq.com/invite/GELQD MileIQ is MY FAVORITE mileage tracking app for ease of use. This is how simple it...Read More

  You’ve heard us talk about Shopify before, and it’s because we wholeheartedly believe in the software. We believe everyone needs an online platform, it’s not an option anymore, it’s a must. Using Shopify to Make a Beautiful Store Shopify is only e-commerce solution that we stand behind 100% because of it’s integration with Xero...Read More

The Changes in Sales Tax Laws You Should Know as an Out of State Seller Welcome to the evolution of Nexus. Having a physical presence in a state is no longer the only thing that dictates if you are required to collect and remit a state’s sales tax as an out of state seller. Economic...Read More

Q:  How can I show a Net Profit and owe on Credit Cards (and / or Loans)? I had to pay tax on my Net Profit, but I don’t even have that cash in the bank to pay off debt. A:  Explanation of how you can show a Net Profit, while having debt: Taxes don’t...Read More

AGS Conclave 2018 – What I Learned KATHY IRELAND:  THE POWER OF BRAND BUILDING – She’s a $350Million Brand, so I listened up. The Focus of her Career has been to: Uprise and Disrupt. (Reminded me of the Blue Ocean Strategy.) Have Market Dominance Lower costs in unusual ways, outside of the traditional model Have...Read More