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Tax Policy| IRS | Fraud
End of the $800 De Minimis Rule: What Small Businesses Need to Know About Taxes, Costs & Planning
The end of the U.S. $800 de minimis rule means higher duties, more paperwork, and tighter cash flow for small business owners who rely on imports. While the policy was pitched as leveling the playing field, many small retailers, e-commerce sellers, and U.S. consumers will feel the squeeze first. Here’s what you need to know about the tax, accounting, and planning strategies to stay ahead.
California Cracks Down on Montana LLC Vehicle Registrations: $300M in Untaxed Luxury Cars Targeted
What used to be a clever workaround is now a fast-track to audits, back taxes, and legal risk. With 1,500 vehicles under review, California is using plate readers, dealer data, and aggressive enforcement to close this costly tax loophole.