We cover bookkeeping, tax and accounting issues for makers.
bookkeeping tax
Not sure how the Etsy Payment Account page is calculated? Read our blog post for a complete rundown.
A sales tax ID is a state-issued number for collecting sales tax. An EIN is a federal ID from the IRS. Learn the key differences, who needs each, and how to apply.
Struggling with downloading the sales tax data you need from Etsy? We show you step by step how to access this important data for your handmade business.
We show you how to locate and download totals for your spend on Etsy shipping fees.
Step-by-step Schedule C instructions for sole proprietor makers filing their 2025 tax return — covering income, expenses, COGS, and common mistakes to avoid.
We explain, in simple terms, periodic and perpetual inventory systems, the key formulas, and the pros and cons of each approach for small manufacturers.
We discuss how cash based accounting may not be the best option for your handmade business.
We discuss the considerations around how to select the best bookkeeping software if you are a handmade business.
Confused about your tax obligations as a handmade seller? Read on to find out how to stay on the right side of the tax man.
We discuss the different structures available for US businesses, and show you the advantages and disadvantages of each one.
Wondering if your handmade business is considered a hobby or a business? This article will explain the finer details from a tax perspective.
This article discusses how shipping label costs from your Etsy sales can be claimed on your tax return.
If you are just starting your craft business and need some advice, or need some guidance on what to do next in order to grow your handmade business further then definitely consider arranging a mentor meeting with SCORE.
We walk you through how to get the sales and order data you need from Etsy's reporting and downloading options in our comprehensive guide.
If you store your inventory and product samples at home in a dedicated location, you should be eligible to claim for business use of this space without needing to meet the usual "exclusive use" test.
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