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The Quiet Light Podcast

The Biggest Tax Mistakes People Make — and Much More

Jun 28, 2022
44:31

Tim Nelson is the CEO at AVASK Accounting & Business Associates, an international firm of accountants and tax experts with a well-reputed specialism in global e-commerce expansion, international taxation, accountancy, and business consultancy and advisory services. He previously worked as a Certified Public Accountant for Schmelkin & Schmelkin. Tim is a distinguished Certified Public Accountant with profound knowledge in tax preparation, accounting, and IRS audits and has helped businesses of many sizes.

In this episode…

As an entrepreneur, how can you avoid common mistakes brands make before selling and marketing overseas? Are you looking to maximize your add-backs and achieve a greater exit? If so, you’re in the right place.

While you’re growing overseas or preparing for an exit, Tim Nelson recommends a solid bookkeeping strategy to avoid the pitfalls of owing taxes. Knowing the weaknesses in your brand can make or break an exit, especially when you’re expanding. Tim says that expansion can be a good thing — and that it may not be as complicated as it seems. Understanding the valuation of your brand is crucial for any entrepreneur growing or exiting their brand. Are you ready to find out what your business is worth?

In this episode of the Quiet Light Podcast, Joe Valley sits down with Tim Nelson, CEO at AVASK Accounting & Business Consulting, to discuss the importance of proper accounting for reaching your exit goals. Tim talks about how to avoid common tax mistakes when selling overseas, the influence of proper bookkeeping, and why every entrepreneur should know the valuation of their brand. Stay tuned!

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