Issues for this e-commerce business: Tracking Sales Tax Nexus

Client Story: $40k-$100k Monthly Revenue, LLC or S-Corp/C-Corp, and How to Retain as Much Cash as Possible ????????

???? The email:

"My business partner and I are going to be filing for an LLC shortly. We’d like to discuss s-corp vs c-corp. We are expecting revenues between 40k-100k a month. We do not plan on paying ourselves very much if at all during the first year. We’d like to discuss the best way to structure for what we plan to do.

We’d like to discuss options to ensure we are tax compliant. We were looking at something like TaxJar. A significant portion of business will be e-commerce and we believe that we’ll be hitting economic nexus in multiple states as we grow next near. Our only physical nexus is Texas."

???? Issue #1: Tax Structure
???? Issue #2: Accounting/Tracking for Sales Tax Nexus

Here’s the situation: A client is pulling in $40K–$100K/month in revenue and wondering—what’s the best tax structure to maximize profits and minimize taxes? ????

The goal? To build a strong financial base so they can take home as much as possible while staying tax compliant. Sounds like a plan, right? But here’s the kicker—they’re in e-commerce, so we need to dive into sales tax and sales tax nexus. This is a big deal for e-commerce businesses, and we break it all down for them.

Full Video on My YouTube Channel! ???? If you’re running an e-commerce biz or just trying to figure out the best tax strategy, this is the video you don’t want to miss! ????????

#ClientStory #EcommerceTips #TaxStrategy #BusinessSuccess #SalesTaxNexus #EntrepreneurTips

If you have any questions, feel free to reach out to us at: ⁠
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???????? Houston Office - (713) 451 - 9700 ⁠
???????? Toronto Office - (416) 800 - 2709 ⁠
⭐ info@akifcpa.com ⁠
???? www.akifcpa.com ⁠
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A bit about us at Akif CPA: ⁠⁠
We’ve got a crew of talented tax pros who really know their stuff when it comes to taxes, accounting, business advice, payroll, reviews, sales tax audits, and financial planning.⁠
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