Running an online business offers flexibility and global reach—but it also creates a unique set of financial, tax, and compliance challenges. Whether you operate an eCommerce store, provide digital services, or work virtually with clients, Kawatra CPA is here to help you streamline your accounting and maximize your profits.
We specialize in accounting, bookkeeping, and tax services for online businesses in the Nashville area. Our team understands the digital economy and is equipped to help remote-first entrepreneurs succeed.
Why Online Businesses Need Specialized Accounting
Unlike brick-and-mortar operations, online businesses face complex issues such as:
- Multistate and international sales tax compliance
- Tracking income from multiple payment processors
- Inventory and cost-of-goods-sold (COGS) accounting for eCommerce
- Virtual contractor payments and 1099 filings
- Unclear business structures or sole proprietorship risks
- Revenue reporting across platforms like Shopify, Amazon, Etsy, Stripe, PayPal, and Upwork
Without the right systems in place, these issues can lead to cash flow problems, compliance risks, and missed deductions. Kawatra CPA helps online business owners stay organized, tax-efficient, and ready for growth.
Who We Serve
We support a wide variety of online-first businesses, including:
- eCommerce stores (Shopify, WooCommerce, Etsy, Amazon sellers)
- Virtual consultants in marketing, HR, coaching, or business services
- Digital creators and influencers on YouTube, Instagram, and TikTok
- Online educators and course creators (Teachable, Kajabi, Thinkific)
- Freelancers using platforms like Upwork, Fiverr, and Freelancer.com
- Subscription box companies and drop shipping operations
- Remote SaaS startups and software developers
Whether you’re running a solo business from home or scaling a seven-figure virtual brand, we tailor our CPA services to your unique setup.
Core Services for Online Business Owners
Bookkeeping and Cloud Accounting
We help you set up or clean up your accounting system, so your financials are accurate and tax-ready year-round. Services include:
- Categorization of revenue by platform (Shopify, Amazon, Stripe, etc.)
- Expense tracking for software, ads, and contractors
- Inventory and COGS management (for physical product sellers)
- Reconciliation of bank accounts, credit cards, and digital wallets
- Integration with platforms like QuickBooks Online, Xero, and A2X
If you’re using spreadsheets or DIY accounting, we’ll migrate your records to a streamlined, cloud-based system that fits your workflow.
Sales Tax Compliance
Online businesses often need to collect and remit sales tax in multiple states due to economic nexus laws. We help you:
- Determine where you have sales tax obligations
- Register for permits in applicable states
- Calculate, collect, and remit sales tax accurately
- Integrate automated tools like TaxJar or Avalara
- Stay compliant with changing rules across jurisdictions
Sales tax is one of the most commonly mishandled areas for online sellers—we’ll make sure you’re protected.
Self-Employment & Business Tax Services
Whether you’re a sole proprietor or running an LLC or S Corp, we help you handle all business and personal tax responsibilities, including:
- Federal and state income tax returns
- Schedules C or 1120-S filings
- Estimated quarterly tax payments
- Deductible expenses such as home office, advertising, software, and contractor fees
- Support for cryptocurrency transactions (if applicable)
- IRS representation in the event of an audit
We stay current on the latest tax codes and deductions for online entrepreneurs—so you don’t have to.
Contractor and Team Management
Many online businesses hire a mix of virtual assistants, designers, developers, and freelance support. We help you:
- Properly classify workers as employees vs. contractors
- Track and file 1099-NECs
- Set up payroll (if applicable) through platforms like Gusto or ADP
- Manage contractor payments across platforms and currencies
- Keep compliant with IRS rules and deadlines
We also advise on when to shift from a contractor-based model to a more structured payroll approach.
Business Structuring and Tax Optimization
Choosing the right structure can save online business owners thousands in taxes each year. We offer:
- Guidance on forming or converting to an LLC or S Corporation
- Help filing Form 2553 for S Corp election
- Analysis of income to determine optimal salary and distributions
- Strategic planning to minimize self-employment and corporate taxes
- Ongoing entity compliance and maintenance
We tailor your setup to support your income level, risk profile, and future goals.
6. Financial Strategy & Growth Consulting
As your business scales, your financial systems need to grow with you. We provide:
- Profitability analysis by product or service
- Monthly reporting with insights and KPIs
- Cash flow projections and budgeting
- Advisory for launching new services or entering new markets
- Exit planning or investor readiness for SaaS or DTC brands
Think of us as your outsourced CFO for the digital age.
Why Choose Kawatra CPA for Your Online Business?
We understand the realities of running a business online—because we work with entrepreneurs just like you every day.
- Digital-first approach: Cloud tools, e-signatures, and a secure client portal make collaboration easy from anywhere
- Platform fluency: We work with Shopify, Amazon, Etsy, Stripe, PayPal, and all major eCommerce and payment platforms
- Tax strategy mindset: We don’t just file your taxes—we help you pay less and grow more
- Local and national reach: Based in Nashville, we support online businesses across the U.S. and abroad
We know that online business moves fast—our goal is to keep your finances just as agile.
Ready To Scale Smarter? Let’s Talk.
If you’re running a digital-first business, Kawatra CPA is here to help you stay organized, lower your tax burden, and grow with confidence. Let’s turn your financial operations into a competitive advantage.
Office: 2200 21st Ave S, Suite 403, Nashville, TN
Phone: (615) 329-9400
Email: kawatracpa@gmail.com
Website: www.kawatracpa.com