How To Save Money On Taxes With This Ecommerce Accounting Strategy

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Looking for ways to save money on taxes for your ecommerce business?
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In this video, Christian Rivera - The Ecommerce Accountant, reveals the #1 accounting strategy to help save money for your ecommerce business.
If you are an ecommerce business owner that is looking for help saving money during tax season, you are not alone.
In fact, most accountants are generalists, therefore don't know your ecommerce business specifically, and are ALSO looking for help!
We understand how scary it may be to not fully understand how much you owe in taxes, and if you are properly recording and submitting the right numbers. Getting audited by the IRS is no joke!
We also appreciate that not every accountant has the same knowledge, background, or experience, and that you may be worried your current accountant is not maximizing your tax savings.
So to help...we created the Ecom Tax Academy, a DIY course, designed to help you implement tax saving strategies into your ecommerce business.
Get $200 off here - ecommaccountan...
Do you have specific questions and want to speak with my team and I directly? Or want to discuss how we can help your business save money?
Fill out this short form to reserve a free consultation...
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Also discuss, dropshipping, dropshipping nexus, dropshipping obligation, dropshipping sales taxes, ecommerce nexus, ecommerce tax saving strategies, llc vs s corp, hiring an ecommerce accountant, and much more.
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See my interview with dropshipping expert, Scott Hilse...where we discuss, dropshipping, dropshipping nexus, dropshipping obligation, dropshipping sales taxes, ecommerce nexus, ecommerce tax saving strategies, llc vs s corp, hiring an ecommerce accountant, and much more.
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[@joshhicks1275]

Very very helpful, no one else is talking about this stuff

[@aryanasmith4426]

Thank you for the video!!! We learn a lot from you! Thank you!

[@ecomaccountants]

Love to hear it! That's what we are here for

[@Shuntastreet]

This was very insightful. Thank you

[@IchiroCapital]

Thanks man, love the value!

[@AnthonySHeng-on4ki]

You look grEat man. Thanks for great information.

[@andrewbaker4011]

Appreciate you boss!

[@celinacharity5465]

So very grateful you decided to start your channel; just starting my journey into e-commerce and my new goal is to make more then enough money to be one of your clients. 🙌 Please keep up the content!

[@DrewGillen]

Your content is gold. This helps so much.

[@arthouseamazonia6132]

This was great !! Thank you.

[@ecomaccountants]

Today's Topic - 0:45 Where specifically you are Saving Money by Structuring as S-Corp - 4:20 S-Corp and Salary - 7:56 Final Thoughts - 9:47

Great content! Thanks for the info!

[@jpriest8487]

Great stuff Chris, Thank you. Saw your videos on Scott and Sebastian's channels and hope you continue your own channel. Definitely will pay off for those who are serious about e-com.

[@vad637]

All makes sense, thank you. Is there a timeline when a business can apply to be treated as an S-Corp?

[@ecomaccountants]

technically speaking yes. HOWEVER you can apply with a late application - we've yet to see the IRS reject a late election

[@vad637]

@@ecomaccountants appreciate your response Chris!

[@maxmassaro6564]

Bro how does this apply to foreign LLC owner with a plan to scale up with a local fulfillment provider eg. Shipbob down the future? And, does the "do it yourself" accounting course is relevant to Non-Americans?

[@ecomaccountants]

S-Corp is not an option for foreign (non American) entrepreneurs. There are other tax planning strategies available to you and they ARE offered in our course

[@vad637]

also, if you pay yourself a "reasonable" salary of say $30,000, does it mean that you can't use the other $70k for any purpose but business?

[@ecomaccountants]

NOPE!! As the owner of the business you can also withdraw cash from the business as an "owner draw". You will avoid self employment taxes with "owner draws". In other words, the other $70K technically can be pulled from the business as well.

[@vad637]

​@@ecomaccountants cool, thanks for getting back. and for an LLC taxed as an S-Corp an owner's draw is called a distribution, correct?