For the last 2 years, it’s been all over the news. There has been a lot of activity within our current White House administration that impacts our national – and global – economy. While much of this activity may be a source for more news articles and debates at the dinner table, it is important to understand how these changes have a direct impact on your own businesses and your income. For any business in the United States, there are two major changes that are happening now that business decision makers should understand:
- Tariffs against Chinese imports
- Upcoming changes to corporate income tax
By understanding the implications of these two government policy changes, businesses can take advantage to minimize costs and maximize their bottom line. (more…)