Taxes October 21, 2025
Small businesses challenging many of President Donald Trump’s global tariffs urged the U.S. Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies.
General News October 9, 2025
The federal government logged a $1.8 trillion budget deficit for the 2025 fiscal year, little changed from 2024 despite a surge in tariff revenues, according to the Congressional Budget Office.
Small Business October 6, 2025
Should Trump’s country-based tariffs be deemed illegal, the U.S. could owe the bulk of the $165 billion in customs duties collected so far this fiscal year back to companies that paid them.
Payroll September 29, 2025
U.S. personal spending rose at a solid clip in August for a third month, suggesting consumers continued to power the economy despite elevated inflation.
Payroll September 17, 2025
Now more than $6.60 a pound, the cost of ground beef is soaring to all-time highs, jumping another 30 cents month-over-month, according to the latest data from the consumer price index.
Small Business September 15, 2025
Tariffs are expected to increase the cost to ship spices to the U.S. That means that producers will need to absorb prices and/or pass them onto the consumer.
Small Business September 11, 2025
Import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the year amid rising tariffs, according to a report released by the National Retail Federation and Hackett Associates.
Taxes September 9, 2025
The justices announced they will hear oral arguments in November on the Trump administration request to overturn lower court rulings that found the president exceeded his authority with his “Liberation Day” and other tariffs on countries worldwide.
Taxes September 8, 2025
Aides to President Donald Trump have been exploring alternative methods for imposing import taxes on foreign goods in case courts overturn the current tariffs.
Taxes September 5, 2025
Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it.
Taxes September 3, 2025
The Trump administration will ask the Supreme Court for an expedited ruling in hopes of overturning a federal court decision that many tariffs were illegally imposed, arguing it is essential to keep the president's trade policy intact.
Taxes September 2, 2025
No matter where they end up, import taxes aren’t likely to drive inflation enough to have much effect on state or local tax revenues.