Inventory is the whole ballgame — what you stock, what it costs, and what walks out the door decide whether your shop thrives.
FIFO, average cost, periodic counts — your method changes your reported profit and your taxes.
Every sale collects tax you hold in trust. Online sales can add nexus in other states.
Damage, theft, and miscounts are real costs — measured, they're manageable; unmeasured, they're mysterious losses.
Every legitimate deduction you're entitled to — captured, documented, and defended. Here's where we look first:
Full count at least annually; cycle counts monthly for top sellers. We reconcile counts to your books each time.
In-state, yes; other states depend on economic nexus thresholds. We monitor where you stand as you grow.
Depends on your mix and systems. We pick a method, document it, and apply it consistently — that's what the IRS wants to see.
This guide is general education, not individualized tax or legal advice — your situation is unique, which is exactly why the first call is free.
Free consultation — English y Español. We already know your industry.
