Best all-in-one accounting software for shopify businesses
All-in-one finance platform for accounting, bookkeeping, taxes and payroll for Shopify businesses
Why Shopify sellers love mesha
Hours saved on accounting, bookkeeping and financial admin tasks
saved on bookkeeping and tax fees
accurate financial insights
Financial powerhouse for your Shopify business
Intelligent accounting software for modern Shopify businesses
Supercharge your Shopify business growth and close your books 3X faster
Specialized E-commerce bookkeeping solutions for your Shopify business
Running a Shopify-based business involves a set of financial intricacies that are distinct from traditional businesses. Our tailored accounting and bookkeeping services are expertly crafted to meet the specific financial requirements of ecommerce ventures, whether you're a solo entrepreneur or part of a larger online retail enterprise. We have a deep understanding of the unique financial challenges you face and the specialized tools and expertise required to handle them with precision and efficiency.
Trusted tax management and filing for Shopify businesses
Tax Management Software
  • Automated tax calculation for sales, payroll and federal
  • Reminders on taxes and compliance filing
  • Tax ready reports with P&L, expenses and balance sheets
Tax Prep and Filing
  • Instant access to top tax consultants for Shopify businesses
  • Proficient counsel on Shopify seller specific tax frameworks and tax-efficient strategies
  • Minimizing tax liabilities and maximizing deductions
  • Stay up to date on dynamic tax laws and regulations impacting Shopify sellers

Tax related FAQs for Shopify businesses

Do I need to pay taxes for my Shopify store?

Yes, in most cases, you are required to pay taxes on your Shopify business income. The specific tax obligations depend on your location and the nature of your business. Consult with a tax professional to determine your exact tax liability. Income earned from your Shopify store is generally subject to income tax, and if you're in the United States, you may also owe self-employment tax.

You can set up sales tax collection in your Shopify store by configuring tax settings based on your business's location and where your customers are located. You will need to determine whether your state or jurisdiction requires sales tax to be collected. Consult with your local tax authority or a tax professional for guidance on how to properly collect and remit sales tax.

Yes, you can deduct legitimate business expenses related to your Shopify store. These may include advertising costs, shipping expenses, software subscriptions, office supplies, and other necessary expenditures. Keep detailed records of these expenses, such as receipts and invoices, to substantiate your deductions.

A sole proprietorship and an LLC are taxed differently. In a sole proprietorship, your business income is reported on your personal tax return, and you are personally liable for business debts and obligations. An LLC, on the other hand, can choose to be taxed as a pass-through entity or a corporation. The tax treatment can affect how your business income is reported and the extent of personal liability. Consult with a tax professional to determine the best structure for your business based on your specific circumstances.

Tax deadlines vary depending on the type of taxes you owe and your location. Income taxes are typically due annually, with the deadline usually falling on April 15th in the United States. Sales tax filing deadlines may vary and can be monthly, quarterly, or annual, depending on your location. It's important to check with your local tax authority or consult with a tax professional for specific deadlines and requirements.

If you receive a tax notice or face an audit, it's essential to respond promptly and seek assistance from a tax professional. The specific steps to take may vary depending on the nature of the notice or audit. A tax professional can help you understand the issue, gather necessary documentation, and work to resolve the matter with tax authorities. It's important to address these situations promptly to avoid potential penalties and fines.

Making payroll painless for Shopify businesses

Our comprehensive payroll features help make payroll management super simple.

Stay compliant with mesha
  • Off Cycle payroll and flexible payment schedules

  • Next day direct deposit

  • Payroll Deductions and Garnishments

  • Overtime and reimbursement calculations

  • Payroll and taxes across multiple states

  • Payroll for FTEs, contractors and freelancers

Payroll taxes and compliance

We take care of taxes and compliance to adhere to the local regulations and government declarations.

Stay compliant with mesha
  • Automated tax calculation

  • Tax filing and reporting

  • Tax codes and regulation updates

  • Multi jurisdiction compliance

  • Tax liability tracking

  • Work Classification Compliance

  • SUI Reporting

  • Wage Garnishments and Deductions

Want to start a Shopify business, but don't know how to go about it?
Build a foundation of financial success with mesha