News

As the Trump administration continues to levy 145% tariffs on goods from China, businesses in Southeast Michigan are now ...
The back-and-forth nature has caused a more uncertain business climate compared to tariff talks of the first Trump ...
Outside organizations, such as the Tax Foundation and the Budget Lab at Yale University ... He appears to be referring to the daily average of the trade deficit. The goods and service deficit was ...
Additionally, the economists predicted roughly $200 billion in tax cuts across 2026 and 2027 to stimulate the economy and offset tariff costs. Michigan remains more vulnerable to economic swings ...
MUSKEGON, MI – The highly anticipated redevelopment of the former Shaw Walker furniture factory overlooking Muskegon Lake just got a nearly $160 million tax break from the state. The Michigan ...
Summary: The Reverse Charge Mechanism (RCM) in Goods and Services Tax (GST) shifts the liability to pay tax from the supplier to the recipient. Initially introduced under Service Tax, RCM is now ...
Summary: The Goods and Services Tax (GST) Act, 2017, nearing its eighth anniversary, is being evaluated for its effectiveness, challenges, and alignment with its original objectives. The updated ...
Should reciprocal tariffs resume at the full amount, the 10% tariff rate on Norwegian goods ... services, etc.). The negotiations also involve discussions about non-tariff barriers, tax ...
It proposes to eliminate some tax incentives deemed “obsolete” by the tax preference performance review process, including those affecting transportation, storage, and processing of goods ... and use ...
What is TCS? Tax Collected at Source (TCS) is a type of tax where the seller collects tax from the buyer at the time of sale of certain goods or services, and remits it to the government. This ...