E-Commerce CPA - Provides expert information regarding E-Commerce businesses

 E- Commerce advice from a Staten island, NY CPA

E Commerce  is defined as "commercial transactions conducted electronically on the internet."

There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer). There's also B2G (Business-to-Government), but it is often lumped in with B2B.

There are many platforms, and these are ever changing and expanding. Some include:

Ebay

Etsy

Amazon

Zuilly

Businesses also often sell direct thru their own website or platform.

Where you sell or what you sell can be equally important to your business model. Finding your target audience is as important as finding the right product or service to sell.

Concerns you may have for your e-commerce business:

Physical nexus vs Economic Nexus

Sales tax

Income Tax

State Tax

Inventory

Costs Accounting

Our Staten Island, NY office of Certified Public Accountants (CPA) is only a phone call away.

We can assist you with bookkeeping, tax preparation, business plans, and advice for business development. We work with clients at your place of business, our office, or remotely.

Goldenthal & Suss Consulting PC

David C Egan, CPA

4218 Amboy Rd

Staten Island, NY 10308

718-227-6035

www.gosucpa.com

The Paycheck Protection Program (PPP), under the newly legislated Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides small businesses with forgivable loans. Administered through the Small Business Administration (SBA), the PPP loan proceeds are to be expended on payroll, rent, mortgage payments, or utilities. Funding spent on covered expenses qualify for PPP loan forgiveness. The (PPPFA) Paycheck Protection Program Flexibility Act of 2020, enacted June 5, 2020, provides borrowers flexibility in their PPP loan. New options include a 24-week covered period, payroll expenditure requirement reduced to 60%, and, for those loans not forgiven, a repayment plan of 5 years.
For assistance with your PPP loan forgiveness or SBA loan (EIDL) compliance, please call our Staten Island CPA office to arrange for a free consultation.
718-227-6035 ext 301
or visit us at www.gosucpa.com