I had a horrible experience with Bench! I just filled my taxes recently and my books were total mess. It was so stressful! And they are not so cheap at all. I end up paying 199$ a month and in end I had to do my books again. But they have an awesome affiliate program so everyone recommends them...
Trevin, 2nd year Amazon seller here and I love your channel. You are usually the one I recommend to people when they ask where to get started in FBA. honest, strait forward and it's clear you know what you are talking about.. one thing about this particular video is those prices are outdated. I've been working on getting started with Bench and they've significantly increased from what you have in this video.
@@omarbarrera525 just be careful... you’re going to have to backdate lots of months and spend over $1000+ . You’re better off figuring it all out yourself.
This helped alot. Thanks! Btw. Correction on the tongue mistake: You have to have 20k bucks in gross sales AND 200 units sold at the least. Not 20k in gross sales OR 200 units, but one AND the other. You have to reach both requirements. Both that sales amount and that amount of units sold. That's what it says on AMAZON, even on the screen in this video. (In order to get income taxed with a 1099-K tax form).
MY MAN Trevin, this is GOLD. I just started selling on Amazon a couple months ago and I'm over that 200 unit mark. Bookkeeping and tax tracking can be a huge nightmare hurdle the created a barrier of entry for A LOT of people. Appreciate the content sir! PS I've got my 2nd and 3rd products in production right now so 2022 will be a huge hear to use a service like this for me. Thanks again.
Thanks! Great info, for just a starter like me and not making much yet. What I did was... Every month I track down my expenses and write them down (ex. Jan 2022- $900 Feb 2022- $1100 ...) then at the end of the year I know my expenses. It's like tracking expenses every month, but you have to be consistent so that you won't miss any of your expenses then I'll give it to my accountant. In the future will use Bench. Thanks for this great content.
Your content is the best. So informative and to the point. I’m a few videos away from taking your course. If you’re this helpful on TH-cam I can only imagine how helpful your course would be!
I’m more than happy to discover this channel. I need to thank you for your time for this, particularly a fantastic watch!! I liked every little bit of it and I have subscribed you to look at new posts all the time.
Dude thanks so much for sharing. I was wondering how this was done and even though I’m not selling just yet I will definitely come back to this when it’s time.
Thank you so much for sharing, great information that I have been searching for all over the web and not very many people explain it so straightforward! Just starting so I need a clear view of when am I getting myself into before I get too deep! LOL. I really appreciate you and keep the good content coming, please!
Thanks for the info but not sure why this is needed? Just write down your shipment expenses every time you put in orders then give that over to your CPA with the form amazon gives you. What am I missing?
So many expenses and fees and things you need to track. Trust me it’s a nightmare without it. It may seem simple but it’s not. Also you should be deducting as much as possible. So meals, part of your house for rent, office supplies, computer, phone bills, software subscriptions etc. Almost everything can be a business expense
Not true. This is for every business owner. One of the best things you can do for your business is hire a bookkeeper. Saves you hours and hours plus saves you MONEY 💰
Hey Trevin, please could you do a tutorial taking us through the process of ordering from the manufacturer, and getting it sent to Amazon for fulfilment? Also after finding a product, publishing the product to the point where it shows on Amazon? Thanks! Tim
Well I just signed up for my one month free trial period. I tried to connect my business bank account, but it came up for my personal account. I messaged Bench about that and what to do, and have been waiting and waiting for my personal account to get back to me. So far not so good. If this is what I can expect for my money, I'm not sure Bench is right for me. Customer service should always be first!
You should have an on boarding call where they walk you through the process. Schedule a call with them. But you won’t find a better service. They have been by far the easiest to work with.
It looks like the only states that do not have marketplace facilitator laws are states that do not charge a sales tax in the first place: Delaware, Montana, New Hampshire, and Oregon (also, Alaska has marketplace facilitator laws despite not charging sales tax anyways). Does this mean all of our sales tax obligations are covered by Amazon?
Yes Most people remain poor only because friends and relatives discouraged and advise them against investing and trading forex while the wise ones kept investing and growing higher financially
Hey Trevin, please could you do a tutorial taking us through the process of ordering from the manufacturer, and getting it sent to Amazon for fulfilment? Also after finding a product, publishing the product to the point where it shows on Amazon? Thanks! Tim
Hi Travin, this is a very informative video and glad I found you, I’ve subscribed. I have a couple questions I’m unclear on: 1. I have LLC in CA and just barely staring Amazon (product is being shipped right now, $0in sales). So technically I have nexus in CA because my business is located here and my product will be stored in CA. Do I need to file with the state for a sellers permit even though Amazon is collecting and remitting? Basically will I still have to file even though Amazon is collecting and paying it for me? 2) as of 2022, only Missouri doesn’t have Market facilities laws (will in 2023) so do I register there with the state even though I don’t have physical nexus but might have economical nexus once o start selling? I ask because I have to add Missouri to the tax settings and it asks for registration/tax ID #. Also, how can we find the threshold for any state $/# of orders? Thanks in advance
I am very confused because I watched this video and was really excited to sign up for Bench. I did the intro call with them only to find out that the pricing that Trevin has in this video is completely inaccurate....they told me they haven't had pricing like that in years. Their minimum monthly price is $349....
Trevin, I thought if you have physical Nexus in a state, you then have to pay sales tax for that state, which would be the state that you live in and work from? You live in Utah but dont pay sales tax for Utah? I'm new to Amazon selling and trying to figure this out. Thank you for your help!
Hey Trevin, looks like you're in Utah too. Utah is a origin based state...that requires you pay them on every sales tac regardless of destination. So do we get taxed twice? Do we have to pay origin and destination taxes?
Great video like always One of the best information channels out there on TH-cam For Amazon Just asking on an update On this video Wanting to call today to see if you are still happy with it
Hi Trevin. I see Bench have an add-on called Bench Tax for filing and advise. Its an additional cost ($99) - just wondering would you recommend the add on also or a different software to manage sales tax? Also - for someone starting out, at what point should you start to use these tools. Thanks.
Hey trevin! Thanks for the content. As a new Amazon FBA seller do I have to have a state tax permit for every state that Amazon facilities have stored my products in? Very confused about this! For an example I ship my products to Amazon FBA and Amazon stores them in Texas, would I, who live in the state of Georgia, have to have a Texas sales tax permit? Thanks.
Can someone please tell me why Amazon registers me for sales tax in 45 states (there are five states that Amazon does not yet do this for)? I only have nexus in three states but Amazon still automatically signs me up for the 45 states, which means that sales tax only needs to be collected in these three states, but it seems like Amazon will be collecting it in all 45 states. Any clarity that you can provide is appreciated!
Not sure the best way to reach out. Have a question on how legal some stuff is on Alibaba. So if I find a product I want to sell, thats made by X company, and is sold for $100 on X companies Amazon store, and I can find same product on alibaba with the name, labels, box etc all the same design for $10, is that legal? Are these ripoff products? It seems odd I can buy the same companies product and undercut them
Hey Trevin, I would like for you to confirm, you mentioned that Amazon collects sales tax and remits them on your behalf, so are you not required to file sales and use tax at all? I've been hearing different things about sales and use tax. A few people told me that even though Amazon collects and remits on your behalf, you still hav to register as a seller in the states where you have nexus and file a 0 return.
From my experience it depends on the state. But for my example my LLC is in the state of WI, and AMZ does collect and remit for the state of WI, but WI still wants me to file a "zero" return. The main information that WI wants from me is "total sales numbers". Hope this helps.
@@nova1969ck yes, it definitely does. Did you only file for the state that your LLC is in or did you file for all states you have nexus in? And if you filed for all states with nexus, how did you figure out all that info since Amazon tends to transfer your storage to other fulfillment centers
@@TheHoang04 I file for WI (where my llc is) and I file for Kansas and Florida. Amazon takes care of what? about 44 other states I believe. To be honest I have not figured out if I have nexus in the several states that are left out due to possibly having nexus by having inventory in a FBA warehouse in those states. But according to the several states that are left out they have high nexus thresholds for either the amount of sales transactions or the total sales volumes to those states.
@@nova1969ck ah okay I see. Thank you for helping btw. Last question, when filing for that specific state, how do you determine the revenue of the sale made from the state with nexus? I know that my total revenue is coming from all the states with nexus but how do I determine the specific state’s revenue?
@@TheHoang04 Hey no problem to help. There are specific reports that you can pull from your amazon back office. There you will find where specific orders have been shipped to specific states/areas. And if you have your sales tax settings set correctly in your amazon back office, amazon should be collecting the sales tax and sending that tax to you so you can then forward that sales tax on to the appropriate states (NOT the states that amazon is already taking care of for you) but for the states they are currently not providing sales tax services for. Like kansas and florida for example. Hope this makes sense.
Looks like they just changed it. They include filing taxes now which normally costs me around $600 to $1000 with my CPA. So it’s still similar price if you include that add on
Hi Trevin, I am new selling, my question is, the charge to do our book keeping, shouldn't it be according to our sales? why based on our expenses, a little confused here.
Hi trevin i have a question please we want a video about the error 5665 bo333 it‘s confusing what is the best solution? To make a branded sample? If yes will the supplier accepted that? Or play with brand name like other youtubers said (generic, N/A etc..) please help
Hey Trevin! I've been selling on Amazon for 4 months. I did 800+ orders and about 40k revenue last month doing dropshipping. I use Google sheet as a bookkeeping but I didn't expect to do that much revenue so I kind of have 600+ orders not in the Google sheet. Does Bench help with that? Thanks in advance!
I am going to launch a product with SFB for the first 10 days on 5 kws, + vine + erp. Do you recommend me to start with ppc from day 1 or to wait until I have 4-5 reviews and to start ppc after that? Thanks
Hey Trevin, would you be willing to hop on a quick, half hour coaching call with me? I am looking to expand my already existing brand and would appreciate some strategic guidance.
Hey! Appreciate you reaching out. Right now with Q4 and increase demand with my students I am not taking outside calls. Maybe in Q1 if things slow down a little
@Learn More FIRST AND FOR MOST, I'm pretty sure my paypal account didn't have his wife's name on my course I signed up for! I'm a student of his. DONT BE SO QUICK TO JUDGE OR IN YOUR CASE ASSUME SOMETHING DIFFERENT. Have a blessed day. Merry Christmas.
Hi Good Day Mr. Trevin Peterson , I am just wondering do you have another email address? I sent an email to your current email address but it wont push through. I just have a very important inquiry. Thank you so much!.
![PASULOL รามเกียรติ์ ตอนที่ 4 นนทกพบรัก [Ramakien Ep.4: Nonthok in love]](http://i.ytimg.com/vi/tMUQgmZzf_A/mqdefault.jpg)
I had a horrible experience with Bench! I just filled my taxes recently and my books were total mess. It was so stressful! And they are not so cheap at all. I end up paying 199$ a month and in end I had to do my books again. But they have an awesome affiliate program so everyone recommends them...
Dang.. thanks for sharing and raising awareness. I'll avoid them.
Trevin, 2nd year Amazon seller here and I love your channel. You are usually the one I recommend to people when they ask where to get started in FBA. honest, strait forward and it's clear you know what you are talking about.. one thing about this particular video is those prices are outdated. I've been working on getting started with Bench and they've significantly increased from what you have in this video.
I got a bill from the IRS for Amazon sales for $16,700 for 2018 taxes that I failed to pay. Thanks to my CPA she brought it down to under $400 lol.
Getting a CPA is smart! It’s super cheap too
Does Bench replace the need for a CPA or do you need both?
@@Bri-zb9dz Bench does bookkeeping, you would still need a CPA, He mentions he also uses a CPA at the 8:00 timestamp
How do u find your CPA ?
Who is your CPA. Lol.
I’ve been using bench this entire year! I used your link as well. Bench was a life saver for me.
I’m glad man. It’s been game changer. People don’t realize it till they use it and get screwed when it comes tax season
Thank you I will be getting this week. I had 60k in sells last year and no idea how I'm going to file my taxes😬
@@omarbarrera525 just be careful... you’re going to have to backdate lots of months and spend over $1000+ . You’re better off figuring it all out yourself.
@@omarbarrera525 yes get bench for 2021. Best investment you can make for your business! Congrats on the $60k. That’s awesome!
This helped alot. Thanks! Btw. Correction on the tongue mistake: You have to have 20k bucks in gross sales AND 200 units sold at the least. Not 20k in gross sales OR 200 units, but one AND the other. You have to reach both requirements. Both that sales amount and that amount of units sold. That's what it says on AMAZON, even on the screen in this video. (In order to get income taxed with a 1099-K tax form).
Glad it helped! Thanks for the clarification!!
MY MAN Trevin, this is GOLD. I just started selling on Amazon a couple months ago and I'm over that 200 unit mark. Bookkeeping and tax tracking can be a huge nightmare hurdle the created a barrier of entry for A LOT of people. Appreciate the content sir! PS I've got my 2nd and 3rd products in production right now so 2022 will be a huge hear to use a service like this for me. Thanks again.
Glad this helped!! 😄
Thanks!
Great info, for just a starter like me and not making much yet. What I did was... Every month I track down my expenses and write them down (ex. Jan 2022- $900 Feb 2022- $1100 ...) then at the end of the year I know my expenses. It's like tracking expenses every month, but you have to be consistent so that you won't miss any of your expenses then I'll give it to my accountant.
In the future will use Bench. Thanks for this great content.
Your content is the best. So informative and to the point. I’m a few videos away from taking your course. If you’re this helpful on TH-cam I can only imagine how helpful your course would be!
Love hearing that!! Thank you for the support 🙏🔥
I’m more than happy to discover this channel. I need to thank you for your time for this, particularly a fantastic watch!! I liked every little bit of it and I have subscribed you to look at new posts all the time.
Thank you!! So glad you found me 😊 got new videos every week!!
Dude thanks so much for sharing. I was wondering how this was done and even though I’m not selling just yet I will definitely come back to this when it’s time.
Thank you so much for sharing, great information that I have been searching for all over the web and not very many people explain it so straightforward! Just starting so I need a clear view of when am I getting myself into before I get too deep! LOL. I really appreciate you and keep the good content coming, please!
Glad it helped! I know I wish I would have had this video when I started as well! Thanks for supporting the channel 😃
Thanks for the info but not sure why this is needed? Just write down your shipment expenses every time you put in orders then give that over to your CPA with the form amazon gives you. What am I missing?
So many expenses and fees and things you need to track. Trust me it’s a nightmare without it. It may seem simple but it’s not. Also you should be deducting as much as possible. So meals, part of your house for rent, office supplies, computer, phone bills, software subscriptions etc. Almost everything can be a business expense
Thank you so much! Very helpful info and glad to learn something new.
Glad to help 😄😄
4:40 you said OR instead of AND. i think that’s a big difference
I love this video! Thank you so much
Glad you enjoyed 😃
This is literally for people who are making a crazy amount per month.
Not true. This is for every business owner. One of the best things you can do for your business is hire a bookkeeper. Saves you hours and hours plus saves you MONEY 💰
Thank you for teaching us about Bench!
You are welcome. It’s game changer
Hi Kevin, Thank you for your channel. Extremely, helpful videos. Please advise how did you find a good CPA?
You are welcome! And get your books good first then schedule a lot of free consultations of CPAs in your area and see who is the best fit
What a relief I don’t gotta pay tax on my slim profit margin
i use inventory lab which is also pretty good!
Thank you thank you thank you!
I hope you champs enjoyed this one. Get Bench for for 1 FREE Month and 30% off the first 3 months: bit.ly/bookkeeping_discount
Hey Trevin, please could you do a tutorial taking us through the process of ordering from the manufacturer, and getting it sent to Amazon for fulfilment? Also after finding a product, publishing the product to the point where it shows on Amazon? Thanks! Tim
Well I just signed up for my one month free trial period. I tried to connect my business bank account, but it came up for my personal account. I messaged Bench about that and what to do, and have been waiting and waiting for my personal account to get back to me. So far not so good. If this is what I can expect for my money, I'm not sure Bench is right for me. Customer service should always be first!
You should have an on boarding call where they walk you through the process. Schedule a call with them. But you won’t find a better service. They have been by far the easiest to work with.
It looks like the only states that do not have marketplace facilitator laws are states that do not charge a sales tax in the first place: Delaware, Montana, New Hampshire, and Oregon (also, Alaska has marketplace facilitator laws despite not charging sales tax anyways).
Does this mean all of our sales tax obligations are covered by Amazon?
Omg. Thank you
Back then we used to do this on our own
Appreciate it man !!👍🏽💯
Mrs Anna is legit and her method works like magic I keep on earning every single week with her new strategy
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Anna
I think she is the best broker I ever seen
Yes Most people remain poor only because friends and relatives discouraged and advise them against investing and trading forex while the wise ones kept investing and growing higher financially
Hey Trevin, please could you do a tutorial taking us through the process of ordering from the manufacturer, and getting it sent to Amazon for fulfilment? Also after finding a product, publishing the product to the point where it shows on Amazon? Thanks! Tim
Yes I actually already have one! Search Trevin Peterson shipping plan on TH-cam and it will come right up!
@@TrevinPeterson Found it! lol Thanks ;) Should I say "Yes" I have UPC's for all my products? (I'm thinking no)..:)
Hi Travin, this is a very informative video and glad I found you, I’ve subscribed. I have a couple questions I’m unclear on:
1. I have LLC in CA and just barely staring Amazon (product is being shipped right now, $0in sales). So technically I have nexus in CA because my business is located here and my product will be stored in CA. Do I need to file with the state for a sellers permit even though Amazon is collecting and remitting? Basically will I still have to file even though Amazon is collecting and paying it for me?
2) as of 2022, only Missouri doesn’t have Market facilities laws (will in 2023) so do I register there with the state even though I don’t have physical nexus but might have economical nexus once o start selling? I ask because I have to add Missouri to the tax settings and it asks for registration/tax ID #. Also, how can we find the threshold for any state $/# of orders? Thanks in advance
Good information bro.
You do man thank you 🙏
you are welcome!
I am very confused because I watched this video and was really excited to sign up for Bench. I did the intro call with them only to find out that the pricing that Trevin has in this video is completely inaccurate....they told me they haven't had pricing like that in years. Their minimum monthly price is $349....
Same thing happened to me. Pretty disappointed, but they grossly spiked there prices.
Trevin, I thought if you have physical Nexus in a state, you then have to pay sales tax for that state, which would be the state that you live in and work from? You live in Utah but dont pay sales tax for Utah? I'm new to Amazon selling and trying to figure this out. Thank you for your help!
Hey Trevin, looks like you're in Utah too. Utah is a origin based state...that requires you pay them on every sales tac regardless of destination. So do we get taxed twice? Do we have to pay origin and destination taxes?
Trevin, would you recommend this service right as you are starting out? Or wait until you are more established and have multiple sales/expenses?
I would wait till you are making a profit!
Great video like always One of the best information channels out there on TH-cam For Amazon Just asking on an update On this video Wanting to call today to see if you are still happy with it
Do you recommend us using Bench when we first start out as an Amazon seller? Or wait a few months and see how business grows?
hey Brian, Trevin responded to a similar question and he said to wait until you're making a profit!
Hi Trevin. I see Bench have an add-on called Bench Tax for filing and advise. Its an additional cost ($99) - just wondering would you recommend the add on also or a different software to manage sales tax? Also - for someone starting out, at what point should you start to use these tools. Thanks.
I don’t do that since I have a separate CPA but that is forsure something you can do!
Hey trevin! Thanks for the content. As a new Amazon FBA seller do I have to have a state tax permit for every state that Amazon facilities have stored my products in? Very confused about this! For an example I ship my products to Amazon FBA and Amazon stores them in Texas, would I, who live in the state of Georgia, have to have a Texas sales tax permit? Thanks.
What do you use for payroll? My S-Corp status was approved so I’ve been trying to figure this mess out
Gusto is the easiest and it integrates with bench and is super easy.
omg thank you so much for this!
Hi Trevin, have you ever tried Shopkeeper, can you share your opinion on this software in few words ? Thank you.
TREVIN HOW DID YOU FIND THEM
My 8 figure Ecom friend
Does advertising offset profits and if so does the 1099 form show it?
I don’t have a computer. Can I do it on my iPad?
Can someone please tell me why Amazon registers me for sales tax in 45 states (there are five states that Amazon does not yet do this for)? I only have nexus in three states but Amazon still automatically signs me up for the 45 states, which means that sales tax only needs to be collected in these three states, but it seems like Amazon will be collecting it in all 45 states. Any clarity that you can provide is appreciated!
Also, if its 20% off the first six months, what is the rate after that? (Bench), or is the price you show without the discount ?
It will be around $2000 for a year!
I’m sorry, I’m still lost. I’m a seller from Michigan. Do I have to pay in on sales tax or Amazon has done that for me?
Is Michigan on that list? If so you should be good and don’t need to collect!
hey trevin, is the 200 product limit still ongoing? if it is, then how do bigger stores like you who sell over 500 units a day operate?
Yes it is. And over time the limits get bigger the more you selln
Not sure the best way to reach out. Have a question on how legal some stuff is on Alibaba. So if I find a product I want to sell, thats made by X company, and is sold for $100 on X companies Amazon store, and I can find same product on alibaba with the name, labels, box etc all the same design for $10, is that legal? Are these ripoff products? It seems odd I can buy the same companies product and undercut them
No. If you do that you will get shut down. You are infringing on someone else’s brand and trademark
Hey Trevin, I would like for you to confirm, you mentioned that Amazon collects sales tax and remits them on your behalf, so are you not required to file sales and use tax at all? I've been hearing different things about sales and use tax. A few people told me that even though Amazon collects and remits on your behalf, you still hav to register as a seller in the states where you have nexus and file a 0 return.
From my experience it depends on the state. But for my example my LLC is in the state of WI, and AMZ does collect and remit for the state of WI, but WI still wants me to file a "zero" return. The main information that WI wants from me is "total sales numbers". Hope this helps.
@@nova1969ck yes, it definitely does. Did you only file for the state that your LLC is in or did you file for all states you have nexus in? And if you filed for all states with nexus, how did you figure out all that info since Amazon tends to transfer your storage to other fulfillment centers
@@TheHoang04 I file for WI (where my llc is) and I file for Kansas and Florida. Amazon takes care of what? about 44 other states I believe. To be honest I have not figured out if I have nexus in the several states that are left out due to possibly having nexus by having inventory in a FBA warehouse in those states. But according to the several states that are left out they have high nexus thresholds for either the amount of sales transactions or the total sales volumes to those states.
@@nova1969ck ah okay I see. Thank you for helping btw. Last question, when filing for that specific state, how do you determine the revenue of the sale made from the state with nexus? I know that my total revenue is coming from all the states with nexus but how do I determine the specific state’s revenue?
@@TheHoang04 Hey no problem to help. There are specific reports that you can pull from your amazon back office. There you will find where specific orders have been shipped to specific states/areas. And if you have your sales tax settings set correctly in your amazon back office, amazon should be collecting the sales tax and sending that tax to you so you can then forward that sales tax on to the appropriate states (NOT the states that amazon is already taking care of for you) but for the states they are currently not providing sales tax services for. Like kansas and florida for example. Hope this makes sense.
Trevin my man. Where did you get that sick case for your phone?? I need a case like that.
would love to meet you in person one day!
bench now is for minimum 300$/month... thats a little big price for such a poor dude like me at start ....
Looks like they just changed it. They include filing taxes now which normally costs me around $600 to $1000 with my CPA. So it’s still similar price if you include that add on
@@TrevinPeterson WoW Nice ! :o
Hi Trevin, I am new selling, my question is, the charge to do our book keeping, shouldn't
it be according to our sales? why based on our expenses, a little confused here.
Great video thank you ! Do Bench works for European Amazon marketplaces ?
Good question. It should. You can book a free call with them here to find out. bit.ly/bookkeeping_discount
@@TrevinPeterson Thank you very much !
Hey what if I live out of US, can Amazon payment me in my country (Costa Rica), and if is the case do US' taxes apply in some way
Great info. Now where do we get a good CPA? lol do you use a local or internet one?
I use a local one
@@TrevinPeterson im in Utah so if you can refer someone...please. Thanks
I failed majorly at my private label in 2021, I made under $400 and spent $8500(ppc killed me) so what do I do for the tax form?
Take a loss and get a bigger tax return! Talk with your CPA and they will know what to do.
Hi Trevin I live in Canada selling on the USA marketplace do i have to pay sales tax in the USA and if so how to do that?
Hi trevin i have a question please we want a video about the error 5665 bo333 it‘s confusing what is the best solution? To make a branded sample? If yes will the supplier accepted that? Or play with brand name like other youtubers said (generic, N/A etc..) please help
In module 9 the latest video in my course I have the solution!
how do you apply tax writeoffs on this platform? SOftware, buisness expenses?
talk with your CPA!
Is Utah with the states not include in tax return like AK and OR?
It’s sales taxes that you don’t file. You still have to file a tax return
Hey Trevin! I've been selling on Amazon for 4 months. I did 800+ orders and about 40k revenue last month doing dropshipping. I use Google sheet as a bookkeeping but I didn't expect to do that much revenue so I kind of have 600+ orders not in the Google sheet. Does Bench help with that? Thanks in advance!
Congrats on the success!! That’s awesome! And Yes they do. They can handle any bookkeeping needs and will be better than google sheets! Haha
@@TrevinPeterson Thank you so much!
Hey trevin how to get approved to sell toys on amazon as a new seller please ?
Right now you can’t with Q4. Launch a different product and then in 6 months you will be fine
@@TrevinPeterson thanks for your reply trevin but is is the same for fba also i read that this was not applied on fba sellers am i correct ?
@@shoaibfitness687 depends on the toy, depends on time of year and also depends on depends on how old/new your account is
I am going to launch a product with SFB for the first 10 days on 5 kws, + vine + erp. Do you recommend me to start with ppc from day 1 or to wait until I have 4-5 reviews and to start ppc after that?
Thanks
start ppc right away! congrats on the launch though!
Trevin Peterson should I start with all types of ppc? Exact 1$ bid, phrase 0.75$, broad 0.5$ and auto 0.25$?
Hey Trevin, would you be willing to hop on a quick, half hour coaching call with me? I am looking to expand my already existing brand and would appreciate some strategic guidance.
Hey! Appreciate you reaching out. Right now with Q4 and increase demand with my students I am not taking outside calls. Maybe in Q1 if things slow down a little
If I sell on Amazon but I live in Colombia (the country) should I pay taxes in my country for the money received in my account?
depends on in which country your business is based (llc in usa or sole proprietorship in columbia)
@@manypaji but if my business is in Colombia and I sell in Amazon. Besides of the 15% to Amazon, I don´t need to pay anything to USA, right?
watching in 2022 - Bench's pricing has increased dramatically !! :(
your amazing!
I don't make $20,000 how do I file 1099?
you said $20000 or 200 its actually $20,000 AND 200
Love this thanks for the amazing value! can you or anyone referr me to an great Amazon cpa need one ? Thanks
this is nothing but a 12 minute long advertisement .... Amazon FBA TAXES *not* Explained!
I'm sorry you feel that way haha
I love you 🧡
Thanks for the great info. You just encourage me to start saling on Amazon.
Love hearing that! 😁 thanks for watching and happy new year!!
@@TrevinPeterson, do you have a video on how to start selling on Amazon? Something for very beginners. Thank you!
Can you connect me with your cpa?🔥🙌🏾
This is a marketing video, not a educational video. 90% of the time is spent trying to sell something. I am out.
I have a question can I ask you on here
@Learn More FIRST AND FOR MOST, I'm pretty sure my paypal account didn't have his wife's name on my course I signed up for! I'm a student of his. DONT BE SO QUICK TO JUDGE OR IN YOUR CASE ASSUME SOMETHING DIFFERENT. Have a blessed day. Merry Christmas.
What’s up??
@@shaypinson7335 it’s all good. Don’t worry about that. He was just joking 😅
@@TrevinPeterson my product is on its way I started my listing but mess up (concerning conversion) Can I delete that listing and start over.
@@shaypinson7335 If its already on the way and you have the barcodes on the listing then no you can delete and startover.
i am in canada:(((
You can still use the same exact company. They are actually a canadian company. bit.ly/bookkeeping_discount
Taxes explained ... nope JUST a fucking AD
Hi Good Day Mr. Trevin Peterson , I am just wondering do you have another email address? I sent an email to
your current email address but it wont push through. I just have a very important inquiry. Thank you so much!.
This video is a an AD does not show you how to do TAXES., DO NOT WASTE TIME
I'm sorry to hear this.. I'm not a tax professional so I can't show you exactly what to do but I believe this video is super helpful
10 mins ads
🛸🛸🛸🛸👌👌
Thanks for watching and for the comment!!
❤🧡💛💚💙💜
First like here lol
Thanks for being here!