Alan Chen of Free Cash Flow - Tax Planning for E-commerce Businesses
July 6, 2021
In this episode, I sit down with Alan to talk about taxes. Taxes may not be everyone's favorite topic. But if you're interested in keeping more of the profits you're earning, check out the tips that Alan shared.
Alan Chen is a Certified Public Accountant and one of the founding partners of FreeCashFlow.io a leading accounting and consulting agency based out of Los Angeles, Califonia focused on one niche and niche only: Online business owners especially those in the ecom space.
The agency offers an all-inclusive package where they take care of all your business tax planning, sales tax filing and threshold strategies, cloud-based bookkeeping, and smart cash flow allocations so that you can keep more of your profit in your back pocket. In fact, they are so confident they can help you save money, they provide a money-back guarantee so that there’s no risk to you!
Quotes From Episode:
"Make sure you're keeping what you're earning. Don't give it away so easily." - Alan Chen
Some Questions I Asked:
What motivated you to start your own agency and focus on working with online businesses?
Quotes From Episode:
"Make sure you're keeping what you're earning. Don't give it away so easily." - Alan Chen
Some Questions I Asked:
What motivated you to start your own agency and focus on working with online businesses?
Why should you start doing your tax planning early?
What are the apps and software that can help you track sales tax?
What are some easy tax deductions?
Where do you draw the line where something is business related expense or not?
What are some considerations for businesses outside US that wants to sell in the US?
What's the difference between your agency and other CPAs?
Don't Miss:
3:10 Alan's story
Don't Miss:
3:10 Alan's story
5:50 Common misconception about tax planning
7:45 Common tax mistakes that e-commerce businesses make
11:25 Apps to track sales tax
12:35 Easy tax deductions
16:35 Separate business and personal expenses
19:25 Considerations for doing business in US for companies outside US
23:45 How Free Cash Flow differentiates from other CPAs and accountants
>>> Book a consulting call with Alan's team
Enroll in “Tax Free Ecom” course. It's the most comprehensive course on how ecom owners can use business and tax strategies to maximize their after-tax profit year after year.
Use code “Vincent-20” for 20% scholarship for the course. Valid for the first 50 Online business owners.
>>> Click here to start maximizing your after-tax profits
Additionally, for joining the Facebook group, they will receive our ebook “Tax Free Ecom Ultimate Tax Planning Checklist”, exclusive for Tax Free Ecom students, free of charge!
Vincent Tandiono
Enroll in “Tax Free Ecom” course. It's the most comprehensive course on how ecom owners can use business and tax strategies to maximize their after-tax profit year after year.
Use code “Vincent-20” for 20% scholarship for the course. Valid for the first 50 Online business owners.
>>> Click here to start maximizing your after-tax profits
Additionally, for joining the Facebook group, they will receive our ebook “Tax Free Ecom Ultimate Tax Planning Checklist”, exclusive for Tax Free Ecom students, free of charge!
Vincent Tandiono
Make sure to subscribe to the show, we release a new episode every Tuesday at 9 am EST.