Subscribe to our newsletter and get exclusive news straight to your inbox!
SUBSCRIBE NOWSmall businesses must now pay duties on low-value goods they could previously source inexpensively from China and elsewhere.
Some owners of pass-through businesses may be able to deduct up to 20% of their qualified business income and/or take generous deductions for investing in qualified property.
Even small online purchases that are shipped from outside the United States must now pass through customs — and are likely to incur duties.