Small Business

Victor Schwartz, the CEO of VOS Selections, a wine importer, has received a $110,000 tariff refund from the U.S. government, following a Supreme Court ruling that invalidated President Donald Trump‘s International Emergency Economic Powers Act (IEEPA) tariffs. The Treasury...

Starting Monday, businesses that were subjected to International Emergency Economic Powers Act (IEEPA) tariffs declared unconstitutional by the Supreme Court can begin claiming refunds. The Customs and Border Protection (CBP) is set to launch an online portal to facilitate this process. Importers...

The Internal Revenue Service on Monday announced a significant expansion of its online Business Tax Account platform, extending digital self-service access to millions of additional entities that previously relied solely on paper and phone interactions. Partnerships, federal, state and local...