10 financial tips for a blockbuster year-end for amazon sellers
TRANSCRIPT
10 Financial Tips for a Blockbuster Year-end
December 19, 2012
Laura Uribarri and Priyanka Sharma, Outright
Summary: 10 Tips
1. Take a photo of your home office
1. Take note of your inventory and donate old stuff
1. Spend more
1. Prepare your books by year-end
1. Get a Tax ID
1. Start tracking your mileage
1. Send out packages early
1. Hire your kids and spouse
1. Learn from 2012 to ace 2013
1. Fiscal cliff – get paid before December 31st
Resource to Help You
• Home office deduction details
– http://www.irs.gov/pub/irs-pdf/p587.pdf
• FBA warehouse locations
– http://outright.com/blog/locations-of-amazon-fulfillment-centers-2/
• Kat Simpson on sales tax
– http://www.amazon.com/Introduction-Sales-Amazon-Sellers-
ebook/dp/B008NDKBO6
• Section 179 for expenses
– http://www.section179.org/section_179_deduction.html
Thank You!
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