Insights

Tax Collector's Error and Taxpayer's Responsibility

June 11, 2019.
Tax Publications

The Texas Court of Appeals recently dismissed the case of a taxpayer in Harris County Texas who sued several tax authorities. The taxpayer was seeking a refund for $17,861 of penalties and interest paid on overdue property taxes. The court stated that the individual failed to “plead facts within the...

"Systems are Currently Down"

June 10, 2019.
Logistics Publications, Tax Publications, Trade Publications

“Systems are currently down” is a common phrase. You might have seen or heard it before, maybe when ordering online or trying to get an ice cream at the drive-through. For many years, companies only had physical threats to worry about. However, new threats are always emerging. If...

Deal With Mexico Suspends Tariff Hikes

June 10, 2019.
Trade Publications

On Saturday June 9th, U.S. President Donald Trump announced that the much-anticipated tariffs on imports from Mexico, set to be begin on June 10th, would be indefinitely suspended. The suspension occurs after the United States and Mexico announced a new agreement on immigration. And while few details on the...

New USA Import Tariffs for Mexico will begin June 10, 2019

June 07, 2019.
Trade Publications

On May 30, 2019 President Donald Trump issued a statement declaring that there will be a 5% Tariff on all goods imported from Mexico, starting June 10, 2019. The president has stated that if the immigration crisis persists and the Mexican government does not act to limit the amount of nondocumented immigrants entering the USA...

The Belt and Road Forum Aims for a Better World

June 07, 2019.
Logistics Publications, Trade Publications

The Second Belt and Road Summit forum was held in Beijing to discuss Chinese President Xi Jinping’s signature infrastructure project that began in 2013 to rebuild ancient trading routes across Eurasia. When Xi Jinping visited Central Asia and Southeast in September and October of 2013, he raised the initiative of...

5G – Advancing Logistics & Global Connectivity

June 06, 2019.
Logistics Publications

In an era where consumers reign supreme, logistics, transportation and connectivity are paramount. Expectations from suppliers are at an all time high, heavily influenced by the “Amazon Effect” which pushes for faster, cheaper, often even free, delivery by customers. These expectations go hand in hand with the need...

Game of Thrones and Hazmat Shipping

June 05, 2019.
Logistics Publications

After eight long years, Game of Thrones has wrapped up its eighth and final season as of May 19, 2019. While viewers and fans have mixed opinions and feelings on the series finale, there are other things to mull over besides who should have been king or queen of Westeros. Throughout the...

U.S. Seaborne Crude Oil Exports Hit a Record High

June 04, 2019.
Logistics Publications

According to the latest data from BIMCO, U.S. crude oil exports have increased month by month since August 2018, reaching a record 9.6 million tons in January. The rise in exports in January was largely driven by sales in Europe, which rose to 4.8 million tons in January from 2.8 million tons in...

Trucks from Mexico Face Prolonged Delays

June 02, 2019.
Trade Publications

Imports from Mexico represent about 15% of the total imports into the United States. In fact, in 2018 alone, there were over 6 million truck entries into the US from Mexico, averaging out to over 17,000 truck entries per day. Companies on both sides of the border have come to rely on smooth and...

Trump to Increase Tariffs on Imports From Mexico

May 31, 2019.
Trade Publications

On May 30th, in order to address immigration issues on Southern Border, President Donald Trump announced a tariff increase on all goods from Mexico. The rate increase will start on June 10, and the rate will get progressively higher every month if the immigration crisis persists. On June 10...

Don't Let This Tax Break Blow By

May 15, 2019.
Tax Publications

On May 3, the 2019 Florida House Bill 7123 passed, bringing several tax savings to families and businesses across the Sunshine State. The bill is expected to save taxpayers over $120 million in taxes paid for these qualifying items in 2019. While the renewed “Back to School” Sales Tax Holiday has been long...

Gas Spill Causes Port of Houston Delays

May 14, 2019.
Logistics Publications

A collision outside of the Port of Houston between a 755-foot commercial tanker and two barges caused delays and congestion in the port of Houston the weekend of May 11th. Parts of the Houston shipping channel remained closed through the weekend while the U.S Coast Guard and Galveston County...