Tips and Tricks for Advising E-Commerce Clients

Chances are good that you have clients who sell products and services over the internet. While tax planning and preparation are not necessarily different than the same services you offer for brick-and-mortar clients, you could go a step further to help your e-commerce clients by providing various resources to help them find more customers, improve cash flow, and manage inventory and expenses.

The QuickBooks® Resource Center was created to serve end users of Intuit® accounting products, and it is a terrific central hub for articles, guides, tools, videos and much more. Here’s a short list your e-commerce clients can review. Be sure to give them the URL for the resource center, too.

• Calculating Sales Tax for Online Businesses – Explains nexus, federal and state taxes, legislation and penalties, and best practices, as well as Calculator.net, an online state tax calculator.
• How to Optimize Inventory to Maximize Profitability – Includes four inventory strategies to keep costs low and margins high.
• Time to Start Shipping? 7 Fulfillment Options for Online Businesses – Getting customers their orders in a timely manner is important; the best fulfillment option depends on the type of business and its infrastructure.
• Local Marketing Tips: 4 Steps to Make Your Business Easy to Find – There’s a science to marketing a business online; here are a variety of best practices, including using Google as a marketing tool and four ways to update a website.

The Intuit ProConnect™ Tax Pro Center is dedicated to helping you excel as a trusted advisor to your clients; we have many articles focusing on client relationships. Check them out!