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Global Tariffs Are Live!

Tax Tips

This year has been a roller coaster when it comes to tariffs. It has been hectic enough to leave many business owners lost given how quickly some have changed. These tariffs ranged from 10% to 50% depending on the country. These global tariffs will impact us, the consumer, down the line. If your business makes frequent purchases for products, I would suggest reviewing where these products come from & review the new tariff rates. I want fellow business owners to be prepared now for increased expenses. I will provide a link to a website below that has a list of all countries with their rates.

Tariff Rates by Country