Ecommerce Coffee Break – The Ecom Marketing & Sales Podcast
Claus Lauter
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Canadian Ecommerce Sellers: The US Tax Mistakes That Are Costing You Thousands — Salman Salat | Why US LLCs Risk Penalties, How Canadians Save 1.5% Fees, What Tax Nexus Means Now, Why Double Taxation Hits Sellers, How to Scale US Sales (#479)
In this episode, we dive into the common tax traps that Canadian ecommerce brands face when selling to American customers. Salman Salat, Founder of SAL Accounting, explains how the wrong business structure can lead to massive fines and double taxation. He shares how to legally avoid extra payout fees, when it actually makes sense to open a US LLC, and how to stay safe from the IRS while growing your brand across the border. Topics discussed in this episode: What triggers the $25,000 penalty for missed filings. Why opening a US LLC is risky without expert help. How to prevent being taxed in both countries at once. What "nexus" means for your US sales tax liability. Why 70% of Canadian sales often go to US customers. How to set up a US business entity the right way. What clean cross-border bookkeeping looks like. Why simple Shopify setups often hide tax mistakes. How to legally lower your US tax bill as a founder. Links & Resources Website: https://salaccounting.ca/ LinkedIn: https://www.linkedin.com/in/musalman Instagram: https://www.instagram.com/salaccountingcpa Facebook: https://www.facebook.com/profile.php?id=61563329941327 Get access to more free resources by visiting the show notes at https://tinyurl.com/4jzvpxeu I'd love your feedback. Tap the the link to send me a text. ______________________________________________________ LOVE THE SHOW? HERE ARE THE NEXT STEPS! Follow the podcast to get every bonus episode. Tap follow now and don’t miss out! Rate & Review: Help others discover the show by rating the show on Apple Podcasts at https://tinyurl.com/ecb-apple-podcasts Join our Free Newsletter: https://newsletter.ecommercecoffeebreak.com/ Support The Show On Patreon: https://www.patreon.com/EcommerceCoffeeBreak Partner with us: https://ecommercecoffeebreak.com/partner-with-us/
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