LMC Presentation: Strategies to Manage Tariffs & Reduce Costs for Imported Merchandise

In a recent presentation hosted by LMC, industry experts shared timely strategies to help reduce the cost of importing merchandise and navigate today’s complex global trade landscape.   Program Description: With rising tariffs and duties, importers face growing challenges in maintaining profitability. This session explored effective strategies to…

Infrastructure bill ends employee retention credit; includes new cryptoasset reporting

On Friday, the U.S. House of Representatives passed H.R. 3684, the “Infrastructure Investment and Jobs Act,” a $1.2 trillion infrastructure bill in a 228-206 vote, sending the legislation to President Joe Biden for his signature.  The bill includes the following tax law changes: Employee Retention Credit Prior to the…