Accounting for your Amazon business can be overwhelming. And taxes, with the constant changes, seems like a lost cause. But there is hope…and help from the companies listed below. They stay abreast of all the changes and get the madness under control. VAT services are also included in this category for those selling in Europe, since it is a tax and seems to fit in this category. There are lots of tax companies out there, but we have limited our list to only those that specifically say that they cater to Amazon sellers.
We hope this is helpful for you and your business. Choosing to use a service for your Amazon business is an important decision. While we do not recommend any services, as we are unable to test them all, we try to bring new services to your attention and give you enough data to make an informed decision.
Abaca Tax can register for sales tax ID and file sales tax returns in any state. Their sales tax filing and registration service ensures timely remittance of sales tax to the proper states and local jurisdictions. They resolve notices related to filing and file directly with the states to eliminate risks associated with third party systems and incompatibilities.
Abaca Tax is your answer regardless of the marketplace in which you sell, including Amazon, Ebay, Etsy, Walmart, Sears, JET, your own website, or other sales channels. We can support most reports such as from Amazon FBA, Magento, BigCommerce, Shopify, Volusion, Prestashop, Xcart, 3Dcart, WooCommerce, Paypal, SquareUp or other ERP systems.
Accounting We Will Go has years of experience working with online sellers and can help you negotiate the tax and financial implications of your business. They offer help and expertise to anyone involved in selling through the most exciting marketplaces online, be that Amazon, Etsy, eBay, Shopify, or any other platform. They are up to date on all the latest regulations and can manage all the intricacies of your business financial statements. They can even provide guidance on what can be written off in relation to your business, as well as helping you take control of your bookkeeping. They will talk to you clearly and frankly about your needs and will tailor their services to what works best for you.
AVASK handles international VAT for online retailers. They can also provide accounting, bookkeeping tax and other services. For business wanting to expand to Europe, each country has highly detailed requirements, penalty systems and interest charges for infringement and are subject to constant changes, potentially making them difficult for business to follow. Registering for local VAT outside the UK can be challenging, especially when dealing with foreign languages. AVASK has partners in Germany, France, Belgium, Spain and Italy who will help you in dealing with VAT issues in those countries.
AVASK Accounting can help you avoid any problems. Their highly experienced compliance team already deals with hundreds of e-commerce sellers and vendors from countries including the USA, China, Hong Kong, Japan and Australia and the UK.
Bench is for small business owners who don't have the time to do their own bookkeeping. Every month, they turn your data into tax-ready financial statements. You can monitor your business's financial health, download your financial statements, and chat with your team any time via the Bench app. Real-time and monthly financial reporting let you track your business health and performance. At year end, they send a tidy financial package for tax time. Month-to-month and at year-end, real humans at Bench ensure your books are in perfect financial harmony.
Bench’s bookkeepers work in-house at our North American headquarters. We’re real, friendly humans and we’ll customize your books in a way that makes sense for your business.
CapForge knows Amazon seller accounting inside and out and will work with you to get your business books in perfect shape. Everything they do ensures that at tax time your books match up with what Amazon sends the IRS and that you also get credit for every possible legal deduction, expense and write off you can so you pay the minimum allowed in taxes. Your report comes wrapped up ready to file months ahead of the tax deadline so you're totally prepared.
They will help you understand your true profits. It can be very hard to tell from the Amazon reports, after fees, after trying to track your inventory costs and everything else where you really stand. With the books done, it will become very clear to you exactly how well the business is doing and just how much your effort is paying off.
They also offer a 100% money back guarantee and stand behind their work.they
Catching Clouds provides consulting and outsourced cloud accounting services for Amazon sellers and other eCommerce businesses. Services include back-office technology support such as accounting, inventory, sales tax, payroll, etc., daily bookkeeping, sales tax management and business coaching.
Other services include unlimited phone and e-mail consultations with a seasoned professional so you can get the answers you need without having to worry about a ticking time clock running up your bill. eCommerce Controller Services can be broad and encompass many different operational and consultative tasks. They will customize a plan for you based on your unique business needs.
Click & Mortar Accounting provides bookkeeping and tax services to e-Commerce Sellers and Amazon FBA sellers. They work virtually, providing you access to timely information that will allow you to effectively run your business. Their professionals have many years of bookkeeping and tax experience. Simply put, you sell stuff online, and they help you account for it.
They will manage FBA Sales Tax compliance and reporting for you. They ensure that you get to keep more of what you make with a focus on saving taxes, managing risk, and creating wealth. For payroll processing, they are current on state payroll laws, offer direct deposit and manage every aspect of the process from tax payments, W-2s, compliance reporting, and more. From consulting, valuing and selling your business, to estate planning, their professionals work with business owners like you as you walk through each of these stages.
You can access your information from your computer or mobile device 24/7.
CPA On Fire is a tax and accounting firm focused on helping entrepreneurs. They know the challenges Amazon sellers face and how much most of them hate the accounting side of things. Their website provides free general resources such as informational articles and their bookkeeping spreadsheet, as well as paid, personal services like tax prep, bookkeeping and consulting.
They offer tax preparation, tax planning, bookkeeping and general consulting services to help take the accounting side of your business to the next level. Their mission is to provide the best possible services for entrepreneurs while keeping it affordable for cash strapped businesses.
Their services are completely location independent, meaning they work with people all over the country through email, Skype and other communication services.
Cross Border VAT automatically downloads your sales from integrated channels such as eBay and Amazon. You won’t have to manually go to each selling channel and download various reports one by one. Easily browse, apply filters and drill into your data. All data is available as a downloadable Excel file, ready for accountants or bookkeepers to review. Measure how close you are to breaking an EU countries VAT threshold so you can better prepare for registration in a country
For very little investment, their analytics software helps online retailers track and monitor EU tax liabilities by country and currency. If you sell physical products online in at least one marketplace, such as Amazon or eBay, you could be over- or underpaying VAT.
Ebiz Accounting caters to Amazon sellers and has over a decade of experience handling all financial aspects such as bookkeeping, financials, sales tax and tax preparation. They can also help with setting up an Amazon business and questions regarding sales tax nexus. They provide personalized attention, quality advice and guidance to assist you with your Amazon business.
The are Certified Public Accountants who can keep you from being overwhelmed by the intricacies of the bookkeeping and tax matters that are unique to selling on Amazon.
GetMyVAT provides a simple, transparent, and cost-effective service. They get your registration number very quickly, thanks to experience with tax authorities and multi-lingual VAT experts.
VAT Registration Package Includes
- Assessment of VAT registration
- Advise on documentation required
- Translation of documents, if required
- Preparation and submission of all documents
- Communication with tax authorities during the entire VAT registration process
- Apply for other registrations to adhere to local legislation after VAT registration
Once you have got your VAT registration number, you will be required to file VAT returns every month or quarter or yearly as per local legislation. In addition to periodic VAT returns, there might be other statutory reporting obligations. In the European Union, every time you are involved in the movement of goods between Member States, you will be obligated to report such movements to the EU tax and customs authorities.
Global VAT Compliances’ specialized services make sure you are fully VAT compliant, so you can focus on your expanding business. They will investigate whether a VAT registration is necessary for your business or if alternative solutions are available. If a VAT registration is the best option for you, they prepare and file all required documents on your behalf, in order to be issued all required VAT numbers as soon as possible. Should you need local VAT representation to acquire your VAT registration, they can act as your Fiscal Representative in all necessary countries. Thanks to their excellent and long-lasting working relationships with tax authorities around the world, your VAT registration will be a smooth and efficient process. Their wide range of VAT compliance services in addition to their all-inclusive approach, ensure further assistance once your VAT number is granted:
Once your business is registered for VAT, you will need to make sure that it is complying with local VAT reporting obligations. Global VAT Compliance’s in-depth knowledge and experience ensure your VAT reporting is always accurate and timely so you are fully VAT compliant. They can assist you with preparation and filing of VAT returns that meet all local requirements of your specific business activities. This also includes monitoring of distance selling thresholds and VAT rate changes relevant for pricing and billing.
LedgerGurus focuses on eCommerce, combining people, processes, and technology to provide a solution that matures and advances your business. They have experience with selling platforms such as Shopify, payment processors (Stripe, PayPal, Square), marketplaces (Amazon, Ebay, etc.) and bringing them together with your accounting software.
Their focus is the operational accounting necessary to run your business, whether it is the basics or the complex to get you the answers you don’t have. eCommerce runs on technology and their accounting approach is technology driven. Building on the foundational services are the strategic eCommerce accounting services. Such services are critical to achieve profitability and maximize sales. These services include:
Inventory Accounting: Managing inventory is important, but understanding the costs and counts of inventory is imperative.
Cost of Goods Sold Accuracy: One of the most challenging issues with eCommerce is determining real profitability. Cost of good sold (COGS) is critical to determining real profitability and can be lost with varying purchasing and associated costs.
Sales Channel Transparency: Understanding which products and channels are profitable can make or break a business.
Meridian Global Services identifies in which countries your company needs to register for VAT and confirms those where you do not have any VAT issues. They handle all VAT registration work on your behalf where a registration is required and manage all of your on-going VAT return filings in each of these jurisdictions. They ensure you meet all your VAT compliance obligations across Europe and assist you in determining your registration liabilities and we provide you with all the required compliance activities. They offer a comprehensive VAT registration and return filing service combined with consultancy and advisory services. This includes the filing of VAT returns at required intervals in the relevant jurisdictions.
They provide a VAT Compliance web-based reporting portal that includes the following:
- Executive dashboard view of overall VAT compliance
- Live calendar to monitor workflow and manage deadlines
- Access to historic VAT return workings, forms and correspondence
- Statement of account tracking reflecting amounts owing to/due from VAT authorities
- Analytics engine providing sophisticated trend analysis
- Available in 7 languages – English, French, German, Swedish, Spanish, Dutch & Italian
Peisner Johnson, founded in 1992, is a state and local tax consulting firm with a clear mission: Solve clients' state tax problems. Because they focus exclusively on state and local taxes, they have developed a deep understanding of state tax issues. Their clients benefit from their extensive knowledge and experience and our client-first mentality. They have consulted with thousands of companies doing business across the United States and Canada in virtually every industry.
They help online sellers determine where they are required to collect sales tax, get registered, set up systems, file returns and fight audits. They have lots of videos on their site to help you understand sales tax.
PrietoDion specializes in providing state and local tax consulting services and solutions to companies of all sizes located throughout the United States and across the Globe. Because they have extensive knowledge and experience in all areas of state tax, they are able to analyze and offer solutions that address your company's varied state tax concerns.
They have extensive experience working with eCommerce sellers and advising on the state tax laws including the following:
- Sales tax nexus studies to assist the eCommerce seller in determining whether they have a requirement to collect sales or use tax in states in which their customers are located.
- Sales tax filing services including sales tax registration, assistance with tax collection set-up on marketplace platform, filing of monthly, quarterly and annual sales & use tax returns.
- For the eCommerce seller that wishes to files sales & use tax returns on their own, they are available to advise and assist in evaluating the sales tax calculation software option, and can make recommendations.
One of PrietoDion Consulting's main services is assisting and advising foreign (non-U.S.) Amazon and other eCommerce companies with understanding and complying with their U.S. tax requirements. They work with Amazon FBA and other eCommerce sellers from many parts of the world, including Asia, Australia, Canada, Europe and Latin American.
The Profitwise Accounting team of eCommerce consultants is well versed in the accounting principles specific to the complicated rules and regulations of the Amazon seller. This experience gives them the know-how to ensure that revenue and expenses are correctly recorded and categorized, all industry specific tax requirements are being met and every deduction available is being taken.
They have experience and scalability to handle accounting and bookkeeping needs of businesses ranging in size from the small sole proprietorship to the INC 500 companies. They have in-depth knowledge of industry specific tax requirements, deductions and planning. Providing advice on the integration of accounting software with business operations programs including inventory management, CRM and payment processing is one of their specialties.
Small businesses selling products and services online have a unique set of accounting, tax and financial requirements. These often include high transaction volumes, sales and use tax complications, “Nexus” or multi-state complexities and business operating challenges. Selection and utilization of the right accounting software to obtain useful financial information on the health of a business is another benefit offered by Profitwise.
Quaderno calculate sales tax, VAT, and GST and also automates receipts for you, too. In just a few clicks, connect your online store, payment processors, and shopping carts to Quaderno. All your invoices and revenue sources will be in one easy-to-use dashboard. They automatically track your sales vs. international tax thresholds. When you need to start charging tax in a new country, they alert you ahead of time.
Quaderno verifies your customer’s location, then calculates and adds the accurate tax rate to the transaction, every time, all over the world. With every sale or refund, your customers receive an automatic receipt in their language and currency, customized to your brand. And of course, the receipts comply with local tax rules everywhere.
See all the information you need for sales tax returns, at a glance, in mere seconds. They provide your financial data in easy-to-read reports. So your next tax return will be a cinch.
Quaderno syncs up with your Amazon account and automatically pulls the information it needs. You don’t need to upload or download anything. Send automatic receipts every time you get paid. Issue credit notes every time you make a refund. Comply with local rules everywhere, including the US, Canada, Australia and all the countries of the European Union.
Simply VAT handles international services such as VAT registration, VAT returns, additional reporting such as instrastate and EC Sales List to many countries.. Through education, advice and practical industry knowledge they make cross-border VAT simple. Simply VAT's services help sellers get their orders to customers quicker and without import charges, avoiding any penalties or fines.
After signing up they will send you a SIMPLYVAT.com VAT PACK – A registration pack for the country(ies) you need to register in. The pack contains a list of the documents you will need to send to them in order for them to register you. Standard documents can include copy of Certificate of Incorporation and Power of Attorney.
Aside from reporting to the tax authorities how much VAT you have collected and paid, there are other reporting requirements that may become relevant. For example, if your stock is transferred between EU countries, this needs to be reported via an EC sales List. If you are using Amazon’s Pan EU-service, EC sales Lists may need to be filled in some countries. Another potential requirement is Intrastat Declarations. These are statistical reports that are used by European governments to collect information and produce statistics on the movement of goods between Member States in the European Union (EU). These have different thresholds to VAT.
TaxJar makes e-Commerce easier by automating your sales tax reporting and filing for your Amazon sales, and anywhere else you sell. The software is a cloud-based sales tax calculation, reporting, and filing automation solution designed to simplify the process of managing sales tax compliance across multiple states. Simply connect your Amazon and other seller accounts and the software will automatically import all of your sales and sales tax data. You'll never deal with sales tax reporting and filing again.
AutoFile can automatically file your sales tax returns in any state when they are due. Now you can say goodbye to messy spreadsheets and manual tax returns. SmartCalcs automatically calculates sales tax for each city, county, and state, and for special taxing districts. Special sales tax circumstances for a range of products, such as food, clothing, and dietary supplements, are also supported, as are VAT calculations for sales made in Canada or the European Union. The dashboard gives users a state-by-state overview of collected sales tax and payment due dates.
Taxually helps online sellers calculate VAT amounts in EU countries and submit their VAT returns. They have 25+ years experience and work in 28 countries. All you need to do is subscribe for the countries where you need their service and provide your monthly selling data. They will calculate and submit everything.
They can monitor your data and warn you when you exceed the thresholds. Your communication with tax authorities will be their task and they will involve you only if necessary. They respect deadlines, submit on time, monitor thresholds and ensure continuous compliance. Using an adaptive deadline management tool, they make sure that no deadline is missed. Their multilingual staff continuously develops their knowledge pool making sure they have awareness of all legal and procedural changes in the affected markets.
The Bottom Line CPA is an award-winning, 100% Xero cloud accounting practice serving as industry leaders for Amazon FBA, eCommerce, and Online Business owners. Founded in 1996, TBLCPA launched into the online world circa 2013, quickly becoming the done-for-you Finance + Profit Pros behind many elite online brands. The Bottom Line CPA is also home of The Profit Path™ – a virtual Bookkeeping, Tax, and Profit Training program for a growing family of online DIYers and ProfitHERO™ – our all-access Mentorship for the modern-day Profit Planner.
They partner with Amazon Sellers to create financial systems and plans that boost their bottom line so they can confidently pocket their profits.
VATGlobal helps businesses all over the world with their international trade by taking over the complexities of managing VAT and other indirect tax obligations in over 40 jurisdictions. They are responsible for managing multi-jurisdictional VAT and GST registrations, compliance and reporting, with expertise and ability to assist on tax matters in all 28 European Union member states, as well as over 40 other jurisdictions around the world.
What they do:
- Fiscal Representation
- Registrations (Tax, EORI, Import deferment licenses)
- Tax reporting (VAT returns, EC sales lists, Intrastat and all other statutory filings)
- Ongoing compliance support
- Review and analysis of data and underlying documents
- VAT consulting
Xendoo offers a dedicated CPA team so you can spend more time scaling your eCommerce business. By harnessing technology they give their accounting teams more time to work directly with clients and their individual business needs. They offer a low, flat monthly rate with unprecedented service and response. Get your monthly, eCom financials by the 5th of the following month. We also understand eCommerce business needs such as multi-state sales tax. We’re your eCom CPA.
Unlike other online bookkeeping solutions, Xendoo has CPAs on your team to provide you with tax advising and bookkeeping with a tax savings lens. Not only will you be tax ready throughout the year, but they will also file your state and Federal tax return.