Shopify Payout Reconciliation
We compare gross sales with refunds, chargebacks, fees, adjustments, and the deposits received in your bank account.
A Shopify tax return should be prepared from reconciled books rather than gross dashboard sales. We review payouts, refunds, chargebacks, processor fees, inventory, cost of goods sold, sales channels, and documented operating expenses.
What We Review
Tax Preparation Designed for Shopify Transactions
Shopify businesses often use multiple payment processors, apps, warehouses, advertising platforms, and sales channels. We bring those moving parts into one organized filing process.
Payment Processor Review
We account for activity from Shopify Payments, PayPal, Stripe, Klarna, and other processors used by your store.
Inventory and COGS
We review purchases, landed costs, inventory balances, and cost of goods sold that affect taxable business profit.
Business Expense Review
We organize eligible advertising, apps, subscriptions, shipping, contractor, software, and professional expenses.
Estimated Tax Planning
We evaluate prior payments and current business results to help you prepare for upcoming tax obligations.
Business Tax Returns
We prepare the federal and applicable state returns appropriate for your entity and business circumstances.
Shopify Plus Multi-Channel
View Shopify CPA Services
Selling Beyond Shopify?
We also support businesses selling through Amazon, TikTok Shop, Walmart, Etsy, eBay, wholesale, and additional channels. Your return should show the complete business rather than disconnected platform totals.
Our Process
From Shopify Data to an Accurate Filing
Discovery
We review your entity, sales channels, accounting system, prior returns, inventory, and current tax concerns.
Tax-Ready Review
We identify missing records, bookkeeping issues, and reconciliation questions that should be addressed before preparation.
Preparation
We prepare the return and explain filing items, payment requirements, and practical next steps.
Frequently Asked Questions
Shopify Store Tax Questions
Why do Shopify sales not match my bank deposits?
Payouts may be affected by refunds, chargebacks, fees, reserves, adjustments, and timing differences.
Does Shopify file my business income tax return?
No. Shopify provides reports and platform tools, but the business owner remains responsible for required income tax filings.
Can you prepare my return when my books are messy?
Yes. We can assess the records and explain what cleanup is necessary to support an accurate return.
Built for Ecommerce
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Make Your Shopify Tax Filing Clearer
Work with a CPA firm that understands online sales, platform payouts, payment processors, and inventory-based businesses.