Sales Tax Consulting Services
Where Successful Sellers Turn First to Protect and Grow their Profits
Scott will help you structure your entities to maximize protection and minimize your taxes. He will help you select the best state and entity for your situation
Sales Tax Consulting
Scott will guide you through your current and future sales tax obligations, based upon nexus guidelines and your steps for compliance
Scott will help you structure and protect different asset types and share advanced asset protection strategies, as needed
Scott has 25 years of experience working with top attorneys and CPAs, and has helped many successful entrepreneurs.
Strategy Session Benefits with Scott Letourneau
GET SCOTT’S 30-MIN STRATEGY SESSION
Strategy Areas Covered
Scott will cover critical strategies including which type of U.S. structure is best, which state is best, how many structures, funding option for your business, U.S. banking options, which type of assets will be protected, new nexus state laws and which states you need permits (or to close them out), behind on sales tax strategies, and U.S. taxes. Scott will help you formulate the questions that you should be asking your CPA or attorney (if you don’t have the best resource, he will refer you to the best).
Strategies Scott covers in a strategy call for an E-Commerce Seller
U.S. sales tax responsibilities based on selling on Amazon.com FBA or other e-commerce platforms. Sales tax responsibilities include an evaluation of the 45 states with sales tax (and D.C.), the 30 Amazon FBA states, 45 economic nexus states, 44 marketplace facilitator states, and the 11 notice and reporting states (which are subject to change over time).
Shopify sales tax requirements are different from an Amazon seller since Shopify is not a marketplace facilitator. These sales tax issues include an evaluation of economic nexus requirements, Shopify payments requirements, U.S. entity options with no SSN, dropshipping exemption certificate requirements.
How to properly handle your U.S. tax returns if you are not current with your filings and what you need to do to avoid an audit. (typically a three-year lag time).
Find out your requirements if your country has a tax treaty with the U.S.- Note*: You are still subject to tax laws, even if your home country has an existing tax treaty with the U.S. (one client received an IRS tax penalty of $292K due to filing an incorrect U.S. tax return).
Learn what your sales tax responsibilities are as a foreign seller and the misconceptions that have cost Amazon sellers a fortune (has nothing to do with pending federal sales tax legislation). Are you behind on sales tax? Find out what issues to avoid to prevent penalties that can exceed 100% of your tax liability.
Have you been advised to skip U.S. sales tax altogether? Discover why the states are onto you and why a sales tax audit is the most crippling of any U.S. audit.
States are now sending audit notices to already-registered sellers.
This new approach is designed to determine if sellers had economic nexus in the state before they registered to collect sales tax.
For example, many states will look at sellers who registered for a sales tax permit after that state’s economic nexus law went into effect and question whether they should have been collecting sales tax before their actual sales tax registration date.
Learn the steps needed to get back on track while selling in the U.S. Find out if your best option is through a foreign entity or a U.S. entity. Did you form a U.S. LLC but never filed any U.S. tax returns?
How do you remit U.S. sales tax without a U.S. bank account, and what will that cost you? Learn how to cut your remitting costs by 50%.
You will also discover the cost of compliance for a real U.S. brand as an Amazon seller and what you need to consider with our cash flow.
Discover the critical points for U.S. based e-commerce sellers, which states is registration required, what do you need to know, including income nexus overview.
Learn what you need to know to establish a U.S. bank account (travel is required, but not enough).
Our Strategy Process
Schedule a call
Make an investment with the payment link above and schedule your appointment on Scott’s calendar.
The appointment will be scheduled with a Zoom link or if you prefer to call the office directly. You are welcome to add your team, or CPA to the Zoom meeting or call.
Email a summary of your questions to [email protected] subject “Strategy Session Questions for Scott” 1-2 days before your scheduled call.
When you register there are questions to answer that will help with your strategy session. Separately, you may email a summary of your questions to [email protected] subject “Strategy Session Questions for Scott” 1-2 days before your scheduled call.
45-MIN STRATEGY SESSION WITH E-MAIL SUMMARY
Scott’s goal is to be able to understand your complex situation and give you action steps to move forward with confidence. He will tell you the best strategies to support you moving forward, which will save you a fortune in time and money and help you emerge with confidence
“Those who cannot remember the past are condemned to repeat it.”
Scott has worked with top brands, including Shopify, Sears, Avask Accounting & Business Consultants, Catching Clouds, Rapid Crush, SOVOS, and numbers CPA and law firms. (replace Sandy Botkin with Spike Humer)
“Leverage Scott’s incredible desire for the best strategies and the latest updates to your advantage.”
The coronavirus has had an enormous global financial impact, stock market uncertainty, and the cancelation or suspension of conferences and large events.Scott can help you get on track with a plan for your business, including the right financial steps to take..
“Scott’s financial background will help you plan out your best business options to protect your cash flow and to secure business credit.”