Ecommerce
The significant growth of the eCommerce sector is a result of an unprecedented shift in consumer behavior and the way businesses are choosing to transact with each other and their customers. Internet sales continue to grow, and with growth comes challenges ranging from complying with state nexus rules to cybersecurity threats. FGMK can help you be successful in leading the charge by meeting these challenges.
We serve clients in the following segments:
- Online retail
- Online marketing
- Online lending
- Software-as-a-Service (SaaS)
FGMK’s experienced professionals assist clients in identifying opportunities that result from innovations in technology, disruptions to traditional retail, and increases in digital services. We understand the uniqueness of the ever-evolving retail environment, and our experience working with companies in the eCommerce sector allows us to advise our clients on their complex and unique financial, tax, operational, and strategic needs.
FGMK partners with you to develop solutions that work for your specific needs. Our industry-focused approach, implemented by experienced professionals who work closely together, helps us identify and respond to key performance and business issues by delivering audit, tax or advisory services without delay.
TAX REFORM
Federal tax rules continue to evolve, and the Tax Cuts and Jobs Act (“TCJA”) remains a key driver of planning opportunities and compliance requirements. The Act impacts clients across individual, business, and estate, gift, and trust considerations. FGMK provides proactive planning and compliance services to help clients stay aligned with current law and optimize outcomes.
We support eCommerce sector companies through:
ACCOUNTING AND FINANCIAL REPORTING. Our accounting professionals can work closely with your financial team to select appropriate revenue recognition, costs capitalization and other accounting policies, as well as assist in their efficient implementation so you can continue to focus on growing your business.
CYBERSECURITY CONSULTING. FGMK stands ready to help organizations proactively develop their security strategy and mitigate the risk of a breach in their environment. FGMK Cybersecurity professionals along with our technology company, Netrix, develop action-oriented plans, to combat cyber threats.
STATE AND LOCAL TAX (SALT) PLANNING AND CONSULTING. FGMK’s SALT specialists work with you to navigate state nexus rules and to find the most tax efficient operating structure and manage your SALT risks. Our experienced SALT specialists work with a diverse client base covering businesses across the country. We provide all three phases of tax management: planning, compliance and controversy.
SERVICE ORGANIZATION CONTROLS AND REPORTING. If your organization provides outsourced services of any type, there is a strong possibility that you will need a Service Organizational Control (SOC) report to assure your clients your organization is taking proper measures to protect their assets under your control. SOC reporting will allow your organization to differentiate itself in the marketplace and attract top customers.
Financial clarity for digital and ecommerce businesses.
We support organizations navigating multi-state tax, operational complexity, and evolving marketplace demands with practical, tailored expertise.