E-commerce tax preparation that starts from books that already match.
Your business tax return, prepared from the same books we close every month. Your Form 1099-K is tied to your recorded sales, marketplace fees are recorded where they belong, inventory flows into cost of goods sold, and sales tax stays out of your income. Schedule C returns from $499 a year with a bookkeeping plan.
Free books review · written quote · every return approved by you before it is filed
1099-K tie-out before the return
| Form 1099-K gross · Amazon | 286,410.00 |
|---|---|
| Form 1099-K gross · Shopify Payments | 125,970.00 |
| 1099-K gross, both forms | 412,380.00 |
| Refunds to customers | (18,240.00) |
| Marketplace and payment fees | (61,900.00) |
| Payouts to your bank | 332,240.00 |
| Difference explained | 80,140.00 ✓ |
Ready for the return 2026
- Every payout matched to the bank ✓
- Inventory counted at year-end ✓
- Sales tax held apart from sales ✓
- Owner draws kept out of expenses ✓
A year, with a bookkeeping plan
Illustrative figures — demo store, not a client
You sell online and want one team on the books and the return.
Sole-prop sellers, multi-member LLCs, S corporations and C corporations selling on marketplaces and their own store.
Four things a seller return has to get right.
Each one starts in the books long before the return does.
Your 1099-K, tied out from the books
The IRS says the gross amount on a Form 1099-K isn't adjusted for fees, credits, refunds, shipping or discounts. We start from that same gross figure and show every deduction down to your payouts, so the return reports what you actually earned.
Read the answer →Marketplace fees, each in its place
Referral, fulfillment, payment and ad fees come out before you are paid. Your books record each one, so every deduction on the return traces to a settlement report.
See monthly bookkeeping →Inventory and cost of goods sold
When merchandise is an income-producing factor, the IRS instructions generally have you count inventory at the start and end of the year. We carry your counted stock and landed cost straight into the cost of goods sold.
Read the answer →Sales tax kept out of your income
Sales tax you collect for a state is not your profit. Where the state imposes it on the buyer it stays out of gross receipts; where it falls on you, it goes in and comes out again as a tax. Your books keep it separate either way.
See sales tax tracking →Every return a selling business files, in one place.
Pick the return your business files. Your free books review confirms which one, in writing.
- Schedule C with your Form 1040, for sole-prop and single-member LLC sellers Yearly
- Form 1065 for partnerships and multi-member LLCs, with a K-1 for each partner Yearly
- Form 1120-S for S corporations, with a K-1 for each shareholder Yearly
- Form 1120 for C corporations Yearly
- One state return with each return above Yearly
- Quarterly estimated tax figures from your closed books Quarterly
- Extensions of time to file, when you need more time As needed
- Prior-year returns, with the books caught up first One-time
Your books close by day 15 of each month, so the year-end figures are ready when the return starts.
Profit & Loss — September
| Amazon sales | 38,420.00 |
|---|---|
| Shopify sales | 21,760.00 |
| eBay sales | 4,310.00 |
| Net sales | 64,490.00 |
| Cost of goods sold | (23,190.40) |
| Marketplace fees | (9,874.15) |
| Gross profit | 31,425.45 |
Sample · illustrative figures · not a client
Tax returns, priced per return.
Add a return to your bookkeeping plan, or buy it on its own. Every figure comes from our pricing page, and yours is confirmed in writing after your free books review, before you commit. Schedule C, partnership and corporation returns each include one state return, and each extra state is $149. Any fee a state itself charges is separate.
| Return | With a plan | Tax only |
|---|---|---|
| Schedule C with your Form 1040One state return included; Schedule SE where it applies · per year | $499 | $799 |
| Form 1065 partnership returnOne state return included; a Schedule K-1 for each partner · per year | $899 | $1,399 |
| Form 1120-S S corporation returnOne state return included; a Schedule K-1 for each shareholder · per year | $999 | $1,499 |
| Form 1120 C corporation returnOne state return included; corporations and LLCs taxed as corporations · per year | $1,099 | $1,699 |
| Owner's Form 1040Your personal return alongside a partnership or S corporation return · per owner, per year | $349 | $499 |
| Each extra state returnEach further state return filed alongside your federal return · per state, per year | $149 | $149 |
| Quarterly estimated tax figuresEach quarter's estimate worked out from your closed books · per quarter | $79 | $129 |
| Extension of time to fileForm 4868 or Form 7004, by the regular due date | Included | |
| 1099-K reconciliationEach Form 1099-K tied to your recorded sales | Included | |
| Prior-year or missed returnBooks for the year caught up first | That year's return price, plus catch-up books at $149 a month behind | |
Catch-up bookkeeping
Behind on your books? We bring the missing months current first, so the return starts from complete figures. See catch-up →
Four steps to books you can trust.
Free books review
You send the access invitations. We look at where your books stand.
Quote in writing
Your plan and price, before you commit to anything.
Catch-up
Missing months brought current and reconciled.
Monthly close
Books closed every month, reports in your inbox.
Your return starts in the books we already keep.
We prepare from your own QuickBooks Online or Xero file, with settlements brought in through A2X or Link My Books.
Works with
Product names belong to their owners.
One page for each return.
What each return covers, when it is due, and what your books need to produce for it.
Schedule C for sellers
Sole-prop sellers and single-member LLCs: profit, cost of goods sold and self-employment tax on your Form 1040.
See Schedule C returns →Partnership return
Form 1065 for partnerships and multi-member LLCs, with a Schedule K-1 for each partner.
See partnership returns →S corp return
Form 1120-S for sellers who elected S corporation status, with a K-1 for each shareholder.
See S corp returns →Answers for sellers at tax time
Why doesn't my 1099-K match what I actually made?
Gross payments before fees and refunds, and how to tie it out.
Read the answer → AnswerHow to calculate cost of goods sold for an online store
Beginning inventory, purchases, ending inventory, with landed cost.
Read the answer → AnswerDo online sellers pay self-employment tax?
Who pays it, the rate, and how your profit sets it.
Read the answer → AnswerForm 1120-S explained for online sellers
Who files it, when it is due, and the K-1s.
Read the answer →Self-employment tax calculator →Quarterly tax calculator →
Behind on your books? See catch-up bookkeeping →Get my free books review →Or check your books yourself with the free self-check →
Sources
- IRS — Instructions for Schedule C (Form 1040) (2025) · fetched 2026-10-20
- IRS — What to do with Form 1099-K · fetched 2026-10-20
- IRS — Understanding your Form 1099-K · fetched 2026-10-20
- IRS — Instructions for Form 1065 (2025) · fetched 2026-10-20
- IRS — Instructions for Form 1120-S (2025) · fetched 2026-10-20
- IRS — Instructions for Form 1120 (2025) · fetched 2026-10-20
- IRS — When to file (individuals) · fetched 2026-10-20
- IRS — Instructions for Form 7004 (Rev. December 2025) · fetched 2026-10-20
- IRS — Estimated taxes · fetched 2026-10-20
- IRS — Filing past due tax returns · fetched 2026-10-20
- IRS — About Form 8879, IRS e-file signature authorization · fetched 2026-10-20
- IRS — About Form 8879-PE · fetched 2026-10-20
- IRS — About Form 8879-CORP · fetched 2026-10-20
Tax preparation questions
Which return does my business file?
It follows how the business is taxed. A sole proprietor, or the single owner of an LLC that made no corporate election, files Schedule C with Form 1040. A partnership or multi-member LLC files Form 1065. A business that elected S corporation status files Form 1120-S, and a C corporation files Form 1120.
Who prepares my return?
A Lime North preparer with an active PTIN prepares it from your closed books, a second reviewer checks it, and you approve it before it is filed. Lime North is an e-commerce accounting firm, and every preparer holds an active PTIN.
How is my return filed?
We prepare and e-file your return with the IRS and your state. You review the finished return first, then sign the IRS e-file authorization for it: Form 8879 for a personal return, Form 8879-PE for a partnership, Form 8879-CORP for an S or C corporation. Every return is signed by a paid preparer with a valid PTIN, as the IRS requires.
Which states do you prepare returns for?
Sellers in 49 states: every state but Nevada. In Oregon and Maryland we prepare partnership and corporation returns. Each Schedule C, partnership and corporation return includes one state return; each extra state is $149. Any fee a state itself charges is separate.
Can you prepare a return I missed?
Yes. The IRS asks you to file every return that is due, even if you can't pay in full, the same way and to the same place as an on-time return. A refund can only be claimed within 3 years of that return's due date. We catch up that year's books first, at $149 a month behind, then prepare the return at that year's price.
Do I need a bookkeeping plan to use you for tax?
No. Each return has a tax-only price. With a bookkeeping plan the price is lower, because the books are already closed and reconciled when the return starts.
How much does tax preparation cost?
A Schedule C return is $499 a year with a bookkeeping plan, or $799 on its own. Every return is priced on our pricing page and confirmed in writing after your free books review.
See where your books stand — free.
Get a written review of every channel: what's reconciled, what's missing, and the exact price to fix it. Free, with no commitment.
Get my free books review