Businesses

What Is A Tariff And Who Pays It?

What Is A Tariff And Who Pays It?

A tariff is a tax on imported goods […] it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country. Thus, if the US imposes a tariff on Chinese televisions, the duty is paid to the US Customs and Border Protection Service at the border by a US broker representing a US importer.

What Can Businesses Do Among Trade War?

 What Can Businesses Do Among Trade War?

As we’ve all seen countless times over the past several years of frenetic regulation, deregulation, executive orders, and global policy whipsaws, any business’ fortunes can be changed literally overnight if they are not nimble enough to bend and flex with the turbulent forces of legislation, regulation, and litigation.

Trump announces "understanding" on U.S.-Mexico trade deal

Trump announces "understanding" on U.S.-Mexico trade deal

Negotiations with Canada are expected to begin this afternoon. Both the U.S. and Mexico have expressed a desire to have Canada join the agreement, but according to the U.S. Trade Representative Bob Lighthizer, the deal is set to be presented to Congress either way.

Two Words That Could Shape the Politics of the Trade War: Loss Aversion

Two Words That Could Shape the Politics of the Trade War: Loss Aversion

As trade agreements have been adopted over the last three decades, industries that have lost ground have tended to fight harder for protectionist actions than industries with potential gains from trade have fought to reduce them.

The winners and losers (mostly losers) in a U.S.–China trade war

The winners and losers (mostly losers) in a U.S.–China trade war

A trade war between the world's two biggest economies would have repercussions across the world. President Trump's tariffs are meant to be a blow to Beijing, but their secondary effects will hit the countries involved in the production chains of goods that come out of both the U.S. and China — and that list, depicted above, includes nearly every economy in the world.

Alvaro Acevedo habla de los tipos de entidades más comunes en los EEUU para incorporar una empresa

¿Cuando incorporar? ¿Por qué una LLC, una Corp o un Trust? 

Alvaro Acevedo, abogado y contador Estadounidense, explica cuando es necesario incorporar un negocio y qué tipos de entidades sirven según cada caso. Desde las ventajas y recomendaciones hasta las responsabilidades de mantenimiento, el abogado Acevedo explica en este video de manera clara y sencilla por qué abrir una empresa y de qué manera registrarla.

Unclear Definitions to Qualify for Business Tax Break Under New Code

From Bloomberg.com

[...]

Tax professionals are pleading with the IRS for details as soon as possible. The American Institute of CPAs asked for “immediate guidance” on the pass-through provision in a Feb. 21 letter to the IRS. “Taxpayers and practitioners need clarity” to comply with their tax obligations and “make informed decisions regarding cash-flow, entity structure, and other tax planning issues,” the AICPA said.

This much is clear: If you’re a pass-through business owner who earns less than $157,500, or $315,000 for a married couple, you get full access to the deduction no matter what you do.

Above those thresholds, the deduction fades for certain “service” industries specified in the law including health, law, consulting, athletics, financial and brokerage services. (The break is completely eliminated for service business owners earning more than $207,500 if they’re single, or $415,000 if they’re married.)

Continue Reading Here