Tax & Accounting Services for Amazon FBA & Shopify Sellers

Accurate bookkeeping, tax planning, and compliance solutions for e-commerce entrepreneurs selling on Amazon, Shopify, and other platforms.

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Affordable Tax Services for Amazon FBA & Shopify Sellers

Running an Amazon FBA or Shopify store comes with unique tax challenges, from inventory accounting to sales tax compliance. Our affordable tax services help e-commerce sellers stay on top of their obligations without breaking the bank. We specialize in identifying deductible expenses, managing multi-state sales taxes, and preparing accurate tax filings so you can focus on growing your online business.

With years of experience working with Amazon and Shopify sellers, our team ensures that your taxes are handled efficiently and correctly. From bookkeeping to year-end tax planning, we provide clear guidance and practical solutions tailored to your e-commerce operations. Partner with us for affordable, reliable tax services that maximize savings and keep your business compliant.

Official Partner

Accounting That Understands E-Commerce Sellers

Running an e-commerce business on Amazon FBA or Shopify involves complex financial management. Sellers handle multi-channel sales, platform fees, shipping costs, inventory management, and sometimes cross-border transactions. Without proper accounting, taxes can be overstated, and profits may be unclear.

At Gondaliya CPA, we provide specialized accounting and tax services tailored for e-commerce businesses. From tracking sales and inventory to managing HST, income tax, and cross-border reporting, we help Amazon and Shopify sellers stay CRA-compliant, reduce tax liability, and gain clear insight into profitability.

Sales & Revenue Tracking

Track multi-channel sales, fees, refunds, and subscription income accurately.

Inventory & COGS Tracking

Clear tracking of inventory purchases, landed costs, and cost of goods sold.

Fee & Expense Breakdown

Visibility into FBA fees, referral fees, storage costs, and ad spend.

Clear Cash Flow and ROI Reporting

Real-Time Financial Insights

Compliance Support for E-Commerce Sellers

GST/HST Registration & Filing

Handle Canadian and international sales properly for taxes.

Recordkeeping & Reporting

Maintain books ready for CRA audits, Amazon, or Shopify reporting.

Payroll & Contractor Management

Properly classify employees, virtual assistants, or third-party service providers.

Why Amazon & Shopify Sellers Work With Us

ECommerce & Marketplace Expertise

Proven experience working specifically with Amazon sellers.

CRA-Compliant by Design

Your books and filings are built to meet Canadian tax standards.

Scalable Support

Services that grow with you—from startup seller to 7-figure brand.

Clear Communication

Fully Licensed CPA Ontario

1300+ ★★★★★ Google Reviews

30-Day Money-Back Guarantee

60-Day Fees-Matching Policy

ACTIVELY ACCEPTING Corporate Clients

Will cover personal tax filing for Directors & Families

Convenient Availability

Weekend and evening support until 9 PM

Always Within Reach

Just a call away when you need us

Accounting & Tax Services for Amazon Sellers

Corporate Tax Filing for Amazon FBA & Shopify Sellers

Professional tax preparation and return filing, ensuring accuracy and CRA compliance.

Accounting & Bookkeeping for Amazon FBA & Shopify Sellers

Reliable bookkeeping and accounting with financial statements, records, and reporting.

Corporate Tax Planning for Amazon FBA & Shopify Sellers

Smart tax planning to optimize savings, reduce liabilities, and maintain compliance.

Catch-Up Corporate Tax Filing for Amazon FBA & Shopify Sellers

File overdue corporate tax returns, clean up missing records, and get your business back into CRA compliance with accurate, stress-free catch-up filing support.

GST/HST Filing for Amazon FBA & Shopify Sellers

Affordable GST/HST filing to help your business stay compliant, maximize input tax credits, and avoid CRA penalties.

Corporate Tax Cleanup for Amazon FBA & Shopify Sellers

Resolve past corporate tax issues and bring your filings fully compliant and up to date.

CRA Audit Resolution Services for Amazon FBA & Shopify Sellers

Expert support to handle Canada Revenue Agency audits, disputes, and negotiations with confidence.

CPA Compilation Report (Notice to Reader) for Amazon FBA & Shopify Sellers

Deliver clear CPA Compilation Reports (Notice to Reader) for reliable financial insights.

Incorporation Services for Amazon FBA & Shopify Sellers

Incorporation services for smooth business formation, entity setup, and start-up support.

Accounting Services Tailored for Amazon FBA & Shopify Sellers

Real, practitioner-level CPA expertise for Amazon FBA sellers, Shopify store owners, multi-channel e-commerce brands, and product-based businesses across Ontario — built for how online sellers track inventory, calculate landed costs, and manage platform fees across marketplaces.

Corporate Tax Filing for Amazon FBA & Shopify Sellers

We file your e-commerce corporation T2 return with COGS calculated using the correct inventory valuation method — opening inventory plus purchases minus closing inventory — so your Amazon FBA or Shopify seller corporate tax filing reports actual product cost, not just purchase totals for the year.
FBA referral fees, storage fees, and fulfilment charges must be deducted as current business expenses on your Amazon seller T2 return under the correct GIFI codes — we separate each fee type from gross sales so CRA does not question blended revenue on your e-commerce corporate tax filing.
We classify warehouse shelving and packaging equipment under CCA Class 8 at 20% and computers under Class 50 at 55% on Schedule 8 of your Shopify seller corporation T2 return, ensuring each e-commerce asset claims the correct depreciation rate to maximize deductions.
Amazon FBA sellers paying virtual assistants or freelance product photographers over $500 must issue T4A slips by February 28 — we prepare all contractor T4A summaries alongside your e-commerce corporation T2 filing to avoid the $25 per day per slip late-filing penalty from CRA.
We reconcile Amazon FBA settlement reports and Shopify Payments payouts against your e-commerce corporation bank account before filing the T2 return, ensuring net deposits after fees, refunds, and chargebacks match reported revenue with no unexplained amounts.

Accounting & Bookkeeping for Amazon FBA & Shopify Sellers

We reconcile Amazon FBA settlement reports against your bank deposits bi-weekly so every sale, refund, FBA fee, and reimbursement is matched in your e-commerce company chart of accounts — Amazon settles net of fees, and many Shopify sellers miss reconciling chargebacks that reduce deposits.
We track inventory by SKU in your Amazon FBA bookkeeping, recording purchases at landed cost — product price plus customs duty, CBSA brokerage fees, and freight forwarder charges — so your COGS reflects the true cost of each unit sold, not just the supplier invoice amount.
We separate Amazon PPC ad spend, Shopify marketing costs, and influencer payments from product COGS in your e-commerce bookkeeping so your financial statements show actual gross margin on products versus marketing spend — many sellers bury ad spend inside COGS, hiding true profitability.
We record Stripe and Shopify Payments payouts, Amazon disbursements, and PayPal settlements as separate revenue streams in your e-commerce company bookkeeping so month-end close shows sales volume per platform — critical for multi-channel sellers on Amazon, Shopify, and Etsy.
We track closing inventory value at fiscal year-end using the lower of cost or net realizable value method in your Amazon FBA bookkeeping — CRA requires this valuation for your T2 return, and overstating inventory understates COGS and inflates taxable income on your e-commerce corporation.

Corporate Tax Planning for Amazon FBA & Shopify Sellers

We structure your e-commerce corporation owner compensation as a salary-dividend split that keeps active business income under the $500,000 Small Business Deduction threshold, saving your Amazon FBA or Shopify seller corporation up to 14.3% in combined corporate tax versus the general rate.
We time bulk inventory purchases from Alibaba suppliers before your fiscal year-end so the units received and warehoused count toward COGS in the current year — reducing your Amazon FBA corporation taxable income through planned inventory stocking aligned with your e-commerce tax planning.
We set up non-voting shares in your e-commerce corporation so your spouse or adult children receive dividends, spreading income across lower personal tax brackets — a family income-splitting strategy that reduces combined household tax on Amazon FBA and Shopify profits.
We calculate quarterly instalment payments for your e-commerce corporation based on the prior-year method or current-year estimate, whichever is lower, so your Amazon or Shopify business does not overpay CRA instalments during slow months between peak selling seasons like Q4.
We monitor your e-commerce corporation's passive investment income to keep it below the $50,000 annual threshold that claws back the Small Business Deduction — if retained Amazon FBA profits are invested and generate portfolio income exceeding this limit, we plan withdrawals across fiscal years.

Catch-Up Corporate Tax Filing for Amazon FBA & Shopify Sellers

If your e-commerce corporation has two or more years of unfiled T2 returns, CRA can revoke your business number and freeze your HST account — we file all outstanding Amazon FBA or Shopify seller corporate returns and negotiate penalty relief before enforcement action begins.
We reconstruct Amazon FBA revenue from settlement report archives and Shopify Payments CSV exports when bookkeeping was never completed, rebuilding COGS from supplier invoices and customs duty records for each unfiled year so your catch-up T2 returns claim every legitimate deduction.
CRA charges a late-filing penalty of 5% plus 1% per month up to 12 months on each unfiled e-commerce corporation T2 return — we apply for penalty relief under Taxpayer Relief provisions using Form RC4288 when rapid growth or platform transitions caused the filing delay.
We identify warehouse equipment, packaging machinery, and computer purchases from prior unfiled years and add them to the correct CCA class on each catch-up T2 return so your Amazon FBA corporation recovers depreciation deductions that would otherwise be permanently lost.
If CRA issued arbitrary assessments because your e-commerce corporation never filed, the estimated income is almost always inflated — we replace those numbers with actual Amazon settlement data, Shopify payout reports, and landed cost records, reducing the outstanding balance significantly.

GST/HST Filing for Amazon FBA & Shopify Sellers

Amazon FBA sellers with inventory stored in Canadian fulfilment centres must collect and remit 13% HST on sales to Ontario customers — we ensure your e-commerce corporation GST/HST return reports marketplace-facilitated HST separately from direct Shopify store sales to match CRA's expected reporting.
We claim ITCs on all HST paid on inventory purchases from Canadian suppliers, FBA storage fees, Shopify app subscriptions, shipping supplies, and warehouse rent on your e-commerce company GST/HST return — many Amazon sellers miss ITCs on customs brokerage fees and 3PL charges that are recoverable.
Goods imported from international suppliers through CBSA trigger HST at the border — we ensure your Amazon FBA corporation claims the import HST paid on customs entries as ITCs on your GST/HST return, recovering tax that many e-commerce sellers treat as a sunk cost of importing.
We reconcile HST collected by Amazon as marketplace facilitator against HST your Shopify store collected directly, ensuring your e-commerce corporation GST/HST return does not double-report marketplace-facilitated HST that Amazon already remitted to CRA on your behalf.
E-commerce sellers earning over $30,000 in any rolling four quarters must register for HST — we monitor your Amazon FBA and Shopify revenue against this threshold and handle registration before CRA retroactively assesses uncollected HST on past sales made without being registered.

Corporate Tax Cleanup for Amazon FBA & Shopify Sellers

We correct inventory valuation errors where your previous accountant expensed all product purchases in the year paid instead of tracking opening and closing inventory — filing amended Amazon FBA or Shopify seller T2 returns so COGS reflects actual goods sold, not goods purchased but still in the fulfilment centre.
We fix FBA fee classification errors where referral fees, storage fees, and fulfilment charges were lumped into a single expense account on prior e-commerce corporation T2 returns — proper GIFI separation prevents CRA from questioning inflated single-line deductions during a review.
We rebuild your e-commerce corporation retained earnings schedule from inception by reconciling every prior-year T2 return, dividends declared, and shareholder loan transactions — eliminating balance sheet discrepancies that CRA flags during Amazon or Shopify seller corporate tax reviews.
We correct HST double-reporting errors where your previous accountant included Amazon marketplace-facilitated HST as revenue on your e-commerce corporation GST/HST return — Amazon already remitted that HST to CRA, and including it again inflates both revenue and HST owing.
We correct shareholder loan balances where the e-commerce business owner used the corporate account for personal purchases or withdrew Amazon payouts for non-business use without documentation, applying ITA section 15(2) rules before CRA reassesses your Shopify seller corporation.

CRA Audit Resolution for Amazon FBA & Shopify Sellers

CRA audits Amazon FBA sellers on unreported revenue — we reconcile every bank deposit against Amazon settlement reports, Shopify Payments payouts, and Stripe disbursements during a CRA audit to prove all e-commerce sales were reported and no payout was omitted from your corporation's T2.
We defend COGS and inventory deductions during a CRA audit on your Amazon FBA corporation by presenting supplier invoices, CBSA customs entries, freight forwarder bills of lading, and year-end inventory counts — CRA denies the entire COGS deduction when no purchase documentation exists.
CRA auditors challenge the HST treatment of imported inventory for e-commerce sellers — we present customs duty receipts, CBSA assessment notices, and ITC claims to prove your Amazon FBA corporation correctly recovered import HST on your GST/HST return.
We defend home office deductions for Shopify sellers running their e-commerce business from a dedicated workspace during a CRA audit by presenting square footage calculations, lease documents, and utility bills under ITA section 18(12) — CRA denies the claim when no documentation exists.
If CRA reassesses your e-commerce corporation after an audit, we file a Notice of Objection using Form T400A within 90 days and prepare a technical position paper citing ITA sections that support your Amazon FBA or Shopify seller deductions, preventing the reassessed amount from becoming final.

CPA Compilation Report (Notice to Reader) for Amazon FBA & Shopify Sellers

We prepare CSRS 4200 compilation engagement financial statements for your e-commerce corporation that banks, Amazon Lending, Shopify Capital, and inventory lenders require — a CPA-compiled Notice to Reader carries more weight than internally prepared statements and is often mandatory for product financing, business credit applications, and marketplace seller lending approvals.
Your e-commerce corporation Notice to Reader includes a compiled balance sheet showing inventory at the lower of cost or net realizable value (with landed cost including customs duty and freight), warehouse equipment at net book value, accounts payable to suppliers, and retained earnings — giving lenders an accurate snapshot of your Amazon FBA or Shopify business financial position prepared by a licensed CPA.
We compile your e-commerce corporation income statement with Amazon FBA revenue, Shopify direct sales, Etsy income, COGS by landed cost, FBA referral and storage fees, and marketing expenses classified under the correct GIFI codes so the Notice to Reader financial statements match your T2 return exactly and satisfy bank or marketplace lender requirements.
We prepare the CPA compilation report with the required CSRS 4200 communication disclosing that no audit or review has been performed, along with notes to the financial statements covering inventory valuation method, revenue recognition policy across marketplaces, related-party transactions, and shareholder loan terms — the standard disclosures banks and inventory financing providers expect on an e-commerce Notice to Reader.
We deliver your e-commerce corporation Notice to Reader within 30 days of receiving your year-end trial balance — many Amazon FBA and Shopify sellers lose access to Amazon Lending, Shopify Capital, or bank credit lines because their previous accountant did not produce CPA-compiled financial statements on time for the lender's review deadline.

Incorporation Services for Amazon FBA & Shopify Sellers

We incorporate your Amazon FBA or Shopify selling business as an Ontario corporation, register your CRA business number, and open corporate tax, GST/HST, and payroll accounts — all completed so your e-commerce corporation can purchase inventory, collect HST, and pay staff through the corporation from day one.
We advise e-commerce sellers on the right share structure at incorporation — common shares for the owner, non-voting shares for family members — so your Amazon FBA corporation is set up for income splitting and future brand sale planning without a costly reorganization later.
We set up your newly incorporated e-commerce corporation's chart of accounts with separate revenue categories for Amazon FBA sales, Shopify direct sales, Etsy income, and Walmart Marketplace revenue — ensuring your bookkeeping structure matches multi-channel selling from the first month.
We help growing Amazon FBA sellers incorporate a separate holding company to receive intercorporate dividends tax-free under ITA section 112(1), separating accumulated e-commerce profits and investment assets from the operating corporation's product liability and marketplace account risk.
We prepare your e-commerce corporation's first-year corporate minute book with articles of incorporation, director resolutions, and share certificates — banks, Amazon Seller Central, and CRA require these documents for corporate bank account setup, marketplace verification, and your first T2 filing.

Free Resource: 50 Deductible Expenses for Amazon FBA & Shopify Sellers

Comprehensive checklist of tax-deductible costs unique to Amazon FBA & Shopify Sellers. PDF delivered instantly.

Case Studies

Amazon FBA Seller, Toronto

Problem: Seller struggled with tracking multi-country FBA sales and calculating HST.

Solution: Implemented centralized bookkeeping system and reconciled all FBA transactions.

Results:
✅ Accurate sales reporting
✅ Proper HST filings
✅ Clear financial visibility

Shopify Store Owner, Mississauga

Problem: Advertising costs and Shopify fees were mixed with revenue, inflating taxable income.

Solution: Separated ad spend and platform fees from revenue and categorized expenses.

Results:
✅ Reduced taxable income
✅ Optimized tax planning
✅ Better cash flow management

Multi-Platform E-Commerce Seller, Brampton

Problem: Seller had inventory across Amazon and Shopify but lacked cost tracking and COGS calculation.

Solution: Implemented inventory management system linked with bookkeeping for accurate COGS.

Results:
✅ Clear profit per product
✅ Audit-ready records
✅ Simplified year-end reporting

OUR SIMPLE PROCESS

Our Amazon FBA & Shopify Seller Accounting Process

We make managing your finances simple and stress-free. Our transparent process keeps you informed and investor-ready at every stage.

Here’s a simplified process approach:

Step 1

Initial Review & Setup

We assess your Amazon account, structure, and tax obligations.

Step 2

Monthly Bookkeeping & Reconciliation

Clean, accurate records using Amazon and bank data.

Step 3

Tax Filing & Compliance Management

GST/HST, income tax, and required CRA filings handled on time

Step 4

Ongoing Advisory & Reporting

Regular insights to improve margins, cash flow, and tax efficiency.

Get personalized advice for your taxes.

Transparent Pricing

Affordable Pricing for Amazon FBA & Shopify Sellers

We believe in clear, upfront pricing so you know exactly what to expect.

- Tax Preparation (Corporation): From $400
- Tax Return Filing (Corporation): From $400
- Tax Compliance Audit – FREE CRA audit support for our clients
- Tax Strategy: FREE for our clients
- Accounting Base Plan – From $100 / month
- Bookkeeping Management (Free for our Accounting clients)
- Financial Reporting (Free for our Accounting clients)

Meet Your Lead Amazon FBA & Shopify Sellers Tax Accountants

Sharad Gondaliya, CPA

Principal 📞 647-212-9559 sharad@gondaliyacpa.ca

Vandana Goel, CPA

Accounting Specialist 📞 647-250-0242 vandana@gondaliyacpa.ca

Google Reviews
See all on Google

All Amazon FBA sales, including marketplace fees, refunds, and shipping charges, must be reported accurately for income tax and HST purposes. Many sellers make the mistake of reporting gross sales without deducting fees or refunds, which can overstate taxable income. We track all FBA transactions across different marketplaces and provide consolidated monthly or quarterly reports, ensuring your filings are accurate and CRA-compliant.

Are Shopify store sales taxable?

Yes, Canadian Shopify sales are generally subject to HST if your total annual revenue exceeds $30,000. This includes online sales through Shopify Payments, third-party gateways, and recurring subscription products. We help determine if your store meets the HST registration threshold, properly register your business, and ensure accurate reporting of taxable and non-taxable transactions.

Can you handle both FBA and FBM accounting?

Absolutely. We support both Fulfilled by Amazon (FBA) and Fulfilled by Merchant (FBM) sellers, including inventory and shipping cost tracking.

Can you help with US or international sales?

es, cross-border e-commerce sales often trigger additional tax obligations. US or international sales may require reporting for foreign income, import/export taxes, or state sales tax if you have a nexus. We provide guidance on CRA-compliant reporting, handle currency conversions, and ensure you comply with international tax rules while minimizing your liability.

How should ad spend and marketing costs be handled?

Advertising costs, including Amazon PPC, Shopify ads, Google Ads, and social media campaigns, must be recorded separately from your sales revenue. Mixing ad spend with revenue can inflate taxable income. We categorize all marketing and operational expenses correctly, allowing you to optimize deductions, track ROI, and maintain clean financial statements.

Do you provide bookkeeping for multiple e-commerce platforms?

Absolutely. Many sellers operate across Amazon, Shopify, eBay, Walmart, and other marketplaces. We consolidate all sales, fees, refunds, and payments into a single accounting system, making it easier to see total revenue, profit margins, and tax obligations. This integration ensures nothing is missed and simplifies year-end reporting.

Can you help with cross-border Amazon sales?

Yes. We assist sellers dealing with U.S. marketplaces, foreign suppliers, and cross-border tax considerations.

What happens if I haven’t been filing taxes correctly?

We can clean up past records, correct filings, and help you become compliant while minimizing penalties where possible.

Can you help prevent CRA audits for e-commerce sellers?

While no accountant can guarantee avoidance of a CRA audit, we reduce your risk by maintaining accurate, complete, and well-organized records. Proper categorization of revenue, expenses, inventory, and cross-border sales, combined with timely HST and income tax filings, significantly minimizes the likelihood of CRA inquiries or penalties.

How do I get started with Gondaliya CPA?

Getting started is simple. Contact us to schedule a free consultation, and we’ll review your Amazon FBA or Shopify business. We assess your revenue streams, expenses, inventory, and cross-border transactions, then create a customized accounting and tax plan tailored to your e-commerce operations. Our goal is to simplify your financial management, ensure compliance, and help you grow profitably.