Explore tax-saving strategies, law updates, and filing tips.
Marketing
The latest round of US tariffs is shaking up the fashion industry, with influencer marketing now caught in the crossfire. Popular brands Shein and Halara have reportedly put some influencer campaigns on hold, citing the business impact of new tariffs imposed by President Donald Trump. These moves highlight the growing
E-commerce
The landscape of Chinese-owned e-commerce in the U.S. is shifting rapidly as Temu and Shein, two of the largest platforms, adjust their pricing and product availability in response to new tariffs imposed by President Donald Trump. Recent developments have forced both companies to increase prices and temporarily remove certain
E-commerce
President Donald Trump’s latest executive order could shake up the way Americans shop online. While his sweeping tariff threats have been unpredictable, a 10% tax on Chinese goods is set to take effect on Tuesday, alongside a little-known but crucial provision: the closure of the de minimis loophole. What
Taxes
The modern economic and regulatory world presents countless tax hurdles for fast-growing businesses. Many entrepreneurs face unexpected liabilities or fail to optimize their tax exposure due to limited or delayed planning. As a result, they risk overpaying taxes, missing key wealth-building opportunities, and leaving money on the table. To stay
Taxes
The new year offers a golden opportunity for entrepreneurs to solidify their financial footing. Instead of merely closing out the previous year's books, embrace a proactive approach to tax planning. This strategic move not only reduces stress but can also pave the way for greater financial success. Follow
Small Business
The start of 2025 ushers in significant changes for small businesses, driven by political shifts, regulatory updates, and economic trends. The incoming Trump administration, new state-level labor laws, updated federal financial regulations, and ongoing inflation concerns are reshaping the business arena. Here’s what small business owners need to keep
Small Business
U.S. small businesses remain heavily reliant on Chinese imports, despite existing tariffs and the looming threat of additional levies from the Trump administration. Efforts to diversify supply chains face significant challenges, including high domestic labor costs, a shortage of skilled workers, and potential tariffs on alternative manufacturing hubs like
Supply Chain
In a recent policy shift, former President Donald Trump announced plans to reintroduce tariffs on steel and aluminum imports, aiming to bolster domestic manufacturing and protect American jobs. However, this move includes specific exemptions for certain countries, reflecting a strategic approach to international trade relations. Background on Tariffs During his
Money
A recent survey highlights that many Americans believe an annual salary of $270,000 is essential to achieve financial success. This figure reflects the growing economic pressures tied to the rising cost of living, as well as the increasing difficulty of maintaining a comfortable and secure lifestyle. With inflation impacting
Small Business
President Donald Trump's policies have significantly influenced small business borrowing in the United States. His administration's approach to taxation, regulation, and trade has created both opportunities and challenges for small business owners seeking financing. Tax Policies and Incentives The 2017 Tax Cuts and Jobs Act, enacted
Taxes
The re-election of Donald Trump has reignited discussions about tariffs and their potential impact on U.S. businesses. During his campaign, Trump proposed imposing a 60% tariff on Chinese goods and a 10% to 20% tariff on all other imports. These measures aim to protect domestic industries and reduce trade
Finance
Business financial planning is more than just a set of financial statements and projections; it's a comprehensive process that shapes the course of a company's future. The ability to plan and adapt financially is not just an advantage but a necessity. Whether it's a