Tax Archives - Business Bloomer

WooCommerce B2B: How to Set Up a Wholesale Store

The ecommerce sector is seeing incredible growth, year after year, with no foreseeable end in sight. The same is true for B2B ecommerce, yet there aren’t many good platform choices available for small-to-medium businesses that want to sell wholesale. There are several SaaS solutions on the market, but these are costly, closed-source, and mostly oriented towards larger businesses.

If you are a business owner or developer, WooCommerce is a solution that’s free, versatile and powerful.

WooCommerce: 6 Tax & Accounting Tips to Save You Time This Tax Season

If just the thought of tax season gives you a headache, you’re not alone. In fact, 60 percent of small-business owners don’t feel confident about their accounting knowledge (Small Business Report – Accounting).

We understand the feeling – tax season is approaching and you’re frantically trying to add up and categorize all of those shoe boxes full of receipts. Or maybe you’re not even completely sure of your business’ financial position as you haven’t accurately tracked your orders/sales.

Whether you’re behind on your accounting, unsure of what your business income is, or simply want to save yourself the time and headaches that tax season entails, this guide is for you.

We have compiled our top WooCommerce accounting tips to save you time this tax season (and every year there after…)

Ready to dive in?

WooCommerce: Tax Exempt User Based on Checkout Field Value

There is a nice WooCommerce function you can use to exempt someone from Tax/VAT calculations. You could, for example, enable exemption once they enter a Tax/VAT number, or maybe if they specify a given ZIP code.

Such function is called set_is_vat_exempt(), and together with a little trick to “get” a checkout field on the go, the snippet is pretty simple to build and test. Enjoy!

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