How to Handle TAXES as an Amazon Seller | Amazon FBA Taxes

Подписаться 74 тыс.

Просмотров 18 тыс.

50% 1

In this video, I talked with Chris Potter from Tall Oak Advisors about all things taxes and Amazon FBA!
Follow Chris: / chrispotter361
Free Spreadsheet mentioned by Chris: docs.google.com/spreadsheets/...
Apply to get my direct coaching to source, build systems that scale, and train a team to run the business for you:
www.lightspeedfba.com/
The FBA Roadmap - Your step-by-step guide to building a profitable Amazon business
www.fieldsofprofit.com/fba-ro...
SellerAmp SAS (Profit Calculator, Sales Estimator, etc)
"LAUNCHPAD" for 2-week trial and 50% off first-month
bit.ly/SellerAmp
FREE AMAZON SELLER DISCORD COMMUNITY:
fieldsofprofit.gumroad.com/l/...
FREE OA SPREADSHEET AND WHOLESALE SCRIPTS
www.fieldsofprofit.com/resources
SOFTWARE I USE:
💻 | Tactical Arbitrage: bit.ly/FieldsTA
Use promo code "FIELDS" for a 10-day free trial!
📈 | BQool Repricer Free Trial: bit.ly/BQoolFields
💰 | SellerSnap 10% off (POWERFUL Repricer for advanced sellers): bit.ly/SellerSnap
🚨 | IP Alert Code "FOP30" for $30 off: bit.ly/IPAlert
⚡ | Tactical Expander: bit.ly/TacticalExpander
🚚 | Looking for a prep center? - bit.ly/FieldsiLogistics
📦 | Boxem - Fastest shipments and Analytics for Amazon (14 days free): www.boxem.com/join
💵 | Use GETIDA to get reimbursed on inventory Amazon lost automatically - Use this link to get $400 in reimbursements for free: online.getida.com/fields400
Get $30 Free when you spend $30 with Rakuten: bit.ly/Get30FreeWithRakuten
Polybags I use: bit.ly/PolyBags
BOOK A CALL WITH ME:
bit.ly/FOPAmazonConsulting
JOIN THE FACEBOOK GROUP:
bit.ly/FacebookMastermindFields
FOLLOW MY SOCIALS:
Instagram - / fieldsofprofit
Tiktok - / fieldsofprofit
Twitter - / fieldsofprofit
don't click this... bit.ly/36SIM1s
Some of these links are affiliate links and help support me in making more content. Nothing in this video should be taken as legal, financial, or professional advice.
#onlinearbitrage #amazonseller #amazonfba

Опубликовано:

30 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 53

@FieldsofProfit Год назад

Get my direct coaching to build a 7-figure Amazon business: lightspeedfba.com/

@jmic101 10 месяцев назад

I just filed my FBN/DBA. Registered for my sellers permit, EIN to open a business bank account. I told my self that i want to learn this from the ground up. Have that foundation. Legally run even my FBA bushiness and be smart about moving forward with it. Everything from how to pay your tax as an online seller. I have learned there's a lot involved and you don't want to be that person in the end caught with your pants down. That is where i feel a lot of people don't think about and don't get organized and prepared to later prevent a headache and surprise. That could end up costing you a lot of money at tax time if you don't organize your self and are prepared. That would be one BIG reason people get discouraged and leave behind something you could be successful in if you had just followed easy steps and kept proper documentation. A lot of people don't talk about it and make it sound like you should just create an AMZ seller account and easy peasy. Well I say if you're a beginner, start there.

@profitablebusiness8559 Год назад

Best person on RU-vid giving information for the Amazon sellers salute soldier 👍🏻

@FieldsofProfit Год назад

Appreciate ya!

@ecombalance3501 8 месяцев назад

Thanks, Chris! Knowing how bookkeeping and taxes work will definitely lead your business to success!

@LeandroCoutinho1 Год назад

Awesome content. Thanks for introducing Tall Oak. These specialized accounting companies are really rare.

@FieldsofProfit Год назад

For sure, glad you liked the vid

@iphonewalkthroughs 11 месяцев назад

Man, only halfway through this video but it's already helped understand the path I'm about to pave. Thank you SO much for this and the rest of your videos.

@FieldsofProfit 11 месяцев назад

Glad it helped!

@jermainperez268 Год назад

Well needed video

@charleszinkowski2222 11 месяцев назад

I am clueless on taxes and need someone to help me. I reaching out to Chris and his team today. Thank you Fields of Profit for doing this discussion.

@daveemane Год назад

This video is super helpful!

@tameralynn7579 9 месяцев назад

This info isn’t talked about as much so thank you for covering it!

@vlogingchina Год назад

This was really good information. Thank you

@johnbareng7860 7 месяцев назад

Thanks immensely, very helpful

@aryanasmith4426 10 месяцев назад

This is a fantastic video. It's clear and easy to understand your explanations. Thank you for providing this information.

@FieldsofProfit 9 месяцев назад

Glad it was helpful!

@LucavaBee Год назад

Loving all the videos great content! I do OA on amazon canada been doing well, can't wait to jump into US market way more volume and opportunity!

@FieldsofProfit Год назад

Awesome stuff, keep it up!

@v44 Год назад

Amazing video

@KedTaczynski Год назад

Very informative thank you brotha.

@Codyflips Год назад

@josephtorres8118 Год назад

great video

@malisamarl2116 5 месяцев назад

Thank you

@Brevfba Год назад

Shout out to Chris and Tall Oak, they took care of my state tax problem from being almost late and also relieving everything stress related about taxes for me and my business (i hate and try to avoid tax stuff as much as possible haha)

@shl9660 Год назад

Hahahahhahhah?

@Brevfba Год назад

@@shl9660 hahaha!?

@shl9660 Год назад

@@Brevfba hahahaha?

@Brevfba Год назад

@@shl9660 hahahaha!!!

@sebagleba5342 Год назад

Should I register for sales tax in all 30 states where Amazon stores my goods or only in the state where I am registered company? Thank you for great video!

@nathanmurphy7788 Год назад

Hey fields of profit, when you are talking about entering in $0 about 17 minutes in. Are you referring to the excise use tax that the state in which you have your reseller permit is requiring you to report quarterly?

@TopShelfHunters Год назад

CP is the goat

@FieldsofProfit Год назад

Facts

@tuliplozano7988 Год назад

awesome

@elenachiselita4099 Год назад

so if it was open S Corp how can we close that up? please really I was advised and helped to open by my Tax Advisor that was helping me with my bookkeeping. So big mistake that I did not know.

@fareehariaz243 Год назад

I want to ask if we take your speed coaching course to improve our business how much it cost. Will it also be included i. Tax deductable. How much is it? Since we are paying from our pocket will we get reimbursed from taxes.

@DarthAdolf0 Год назад

Noob question... Are returns already deducted from my 1099k?

@user-uq6vh3ps7m Год назад

What if the address of your llc is your primary residence, does the llc protect that?

@ashlynnsimms9393 7 месяцев назад

To start off my reselling journey do u recommend getting an llc u think it’s necessary it’s expensive in California

@fareehariaz243 Год назад

I dont see any spreadsheet link. Please share

@joeoconnor7366 Год назад

Paul is 💯

@UniqueGoods-dw7rk Год назад

Thanks for this content. Couldn’t find the spreadsheet Chris mentioned to follow expenses. Would you share it?

@FieldsofProfit Год назад

Thanks for pointing that out!! Should be in the description now

@UniqueGoods-dw7rk Год назад

@@FieldsofProfit appreciate it. Amazing how I had almost the same questions and spending time searching and reading online, great value for all of us, now I can use that time to source.