Insights

In Case You Missed It: Last Week in Allyn Tax News (Nov 8)

November 07, 2024.
Tax Publications

Allyn Tax Fun Facts Happy Monday! Are you ready for more Allyn Tax Fun Facts? In some states, candy is taxable, while in others, it’s exempt as a grocery item. The real twist? States like Illinois tax candy at a higher rate than other food items, unless it...

Drop Shipping Explained: A Beginner’s Guide to E-Commerce Success

November 06, 2024.
Tax Publications

As a company grows, managing every aspect of its operations can become increasingly challenging, especially when it comes to shipping. One way to ease this burden is by utilizing drop shipments. In a drop shipment transaction, a retailer or seller receives an order from a customer and forwards it to...

Are Chinese Electric Vehicles on the US Market Inevitable?

November 01, 2024.
Logistics Publications, Trade Publications

Chinese electric car manufacturer, BYD has garnered attention for the cheap price tag on its electric vehicles and their success in penetrating the global market. Widely sold in south and central America and dominating 10% of the European electric vehicle market, BYD’s regional Mexican head, Jorge Vallejo recently announced...

In Case You Missed It: Last Week in Allyn Tax News (Nov 1)

November 01, 2024.
Tax Publications

Allyn Tax Fun Facts Happy Monday! Are you ready for more Allyn Tax Fun Facts? Some states tax costumes while others don’t. Massachusetts exempts children’s costumes but taxes adult ones. In New York, costumes priced over $110 are taxed as luxury items! To learn more, ask an...

Last Week in Allyn Tax News (Week of October 21)

October 25, 2024.
Tax Publications

Allyn Tax Fun Facts Happy Monday! Are you ready for more Allyn Tax Fun Facts? Bottled water is taxable in Washington. However, you can request a refund of the sales tax if the water is prescribed to you by a doctor. To learn more, ask an expert here: ...

Weathering the Storm: Tax Authorities Step In to Provide Relief After Helene and Milton

October 24, 2024.
Tax Publications

On Thursday, September 26, 2024, Category 4 Hurricane Helene struck Florida's Big Bend, causing widespread flooding, significant property damage, and disabled infrastructure across Florida, Georgia, the Carolinas, Tennessee, Virginia, and Kentucky. Less than two weeks later, Category 3 Hurricane Milton made landfall in Florida on October 9, 2024, bringing torrential rainfall, severe winds, a tornado...

Storm Ashley Disrupts UK and Ireland: Critical Supply Chain and Travel Alerts

October 21, 2024.
Logistics Publications, Trade Publications

In the wake of Storm Ashley a large severe weather event with high winds and rain, made landfall October 21st. The United Kingdom and Ireland are recovering from the aftermath of Storm Ashley, a severe storm that has triggered a series of logistical challenges. The storm has severely compromised all...

CARM: Rapidly Approaching

October 16, 2024.
Logistics Publications, Trade Publications

The 21st of October 2024 is supposed to see the Go-Live of CARM (CBSA Assessment and Revenue Management). It is a digital initiative that changes how CBSA will assess and collect duties and taxes on commercial goods imported into Canada. The goal is two-fold. One, to provide Canadian importers with a...

Strikes Ends For Now

October 15, 2024.
Logistics Publications, Trade Publications

The recent strike involving nearly members of the International Longshoremen’s Association (ILA) halted operations at key East and Gulf Coast ports, severely disrupting the flow of consumer goods and exports. The strike began due to disputes over wage increases and automation concerns and ended after three days when...

International Longshoremen’s Association Suspends Strike Amid Wage Agreement

October 04, 2024.
Logistics Publications, Trade Publications

On Thursday, the International Longshoremen’s Association (ILA) announced a temporary suspension of its strike that had halted operations at major ports along the East and Gulf Coasts. This significant move came in response to an improved wage offer from the United States Maritime Alliance (USMX), which represents port...

Gone with the Wind

October 02, 2024.
Logistics Publications, Trade Publications

“[…] In North Carolina, Helene produced unusually heavy winds — up to 140 mph — on land, the strongest observed in coastal North Carolina since the start of modern meteorological recordkeeping in the 19th century.” Hurricane Helene coverage, NPR, Sept. 28, 2024. What began as a disturbance in the...

Major U.S. Port Strike to Begin Tuesday, Business Leaders Warn: Could Cause Billions in Economic Losses Per Day

September 29, 2024.
Logistics Publications, Trade Publications

The International Longshoremen's Association (ILA), which represents 85,000 dockworkers in the United States, announced on Sunday that a strike at ports along the U.S. East Coast and the Gulf of Mexico will begin on Tuesday. This strike could lead to severe supply chain disruptions. "The United States Maritime Alliance......