Episode

How Canadian Ecommerce Brands Save Thousands With a USLLC

Podcast
Honest Ecommerce
Published
Jul 23, 2026
Duration seconds
1528
Processing state
not_requested
Canonical source
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Audio
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Markdown
/podcast/honest-ecommerce-14292/how-canadian-ecommerce-brands-save-thousands-with-a-usllc.md

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Summary

M. Sal had his own Ecommerce store. He realized that no Canadian accountant understands US tax and virtually no one understands a Shopify business. That’s what led him to start SAL Accounting where their team now solve these problems for brands. In This Conversation We Discuss: 00:00 Introduction 01:13 Discussing the accounting brand 01:34 How the guest entered the ecommerce tax niche 03:09 The hidden Shopify fee for international sellers 04:13 Do you need a US LLC: Plus plan vs sales split 06:36 Revenue threshold for opening a US LLC 08:00 Step-by-step process to set up a US LLC 10:22 The costly mistake of naming yourself as owner 12:30 Do US brands need a Canadian setup too 13:56 The $25,000 penalty for missing Form 5472 15:38 Why proper bookkeeping matters for ecommerce brands 17:57 How monthly books help you save on taxes 19:33 The risk of hiring a cheap bookkeeper 22:00 Where to learn more and get help 23:43 Returning Questions to a Fellow Host Resources: Subscribe to Honest Ecommerce on Youtube CPA Tax Accounting and Bookkeeping Firm salaccounting.ca/ Follow M. Salman salaccounting.ca/author/salmansalat00/ If you’re enjoying the show, we’d love it if you left Honest Ecommerce a review on Apple Podcasts . It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!