Scott Scharf is the co-founder of Catching Clouds, a company that provides outsourced cloud accounting services to e-commerce businesses. They work with e-commerce businesses selling on Amazon, eBay, Walmart.com, Shopify, Etsy, and other channels.
Scott is extremely passionate about helping business owners run better businesses by having detailed and accurate financials so they can make great decisions. He has been in IT for over 30 years providing consulting and solutions from global multinational businesses to small businesses and is an expert in Unified Communications and Collaboration, IT Security, and now cloud accounting technologies.
Many e-commerce sellers are faced with great challenges when it comes to accounting the financial transactions of their businesses. Their CPAs, tax accountants, or other accounting professionals often don't have the required knowledge and expertise in doing accounting specifically for online business transactions.
To help solve this common problem and assist business owners, Scott Scharf and his wife decided to set up an accounting firm specifically geared towards helping e-commerce sellers.
In this episode of Sales Tax and More, co-hosts Michael Fleming and Ellie Moffat interviews Scott Scharf about why it is important for business owners to take care of their financial accounting and why there is a disconnect between e-commerce sellers and their accounting service provider. They also discuss the need to set aside the money allocated for tax payments despite government extensions and how business owners can protect their company during these financially challenging times. Stay tuned.
