u/happymompa

Bricklink shop bookkeeping

Hi All,

Started a Bricklink store with my son in January and it’s going much better than expected. I’ve talked to a couple accountants, who have advised me we need to form an LLC and that we should be paying someone to do all the bookkeeping and accounting for us. I’m looking for advice on how I should handle this. I feel like a small shop that is barely pulling a profit, should be something I can manage on my own. Could you share your any resources that may be helpful? Basically what should I be doing to keep the tax man happy in April?

Thanks in advance

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u/happymompa — 1 day ago

Bookkeeping side of things

Hi All,
Started a BL store with my son in January and it’s going much better than expected. I’ve talked to a couple accountants, who have advised me we need to form an LLC and that we should be paying someone to do all the bookkeeping and accounting for us. I’m looking for your real input as sellers. Could you share your experiences and any resources you found helpful? Did you form an LLC, what does your record keeping look like (excel, QuickBooks?), basically what are you doing to keep the tax man happy in April?
Thanks in advance!

reddit.com
u/happymompa — 1 day ago