Bookkeeping

Customers are generally responsible for paying import duties, taxes, and fees upon delivery. As a drop shipper, it is advisable to inform your customers about potential import charges and encourage them to research the applicable regulations in their country. If the seller has a tax nexus in New York, they would be required to collect […]

As has always been the case, the largest category of the 2025 budget is personnel. The SEC’s Office of the Chief Accountant works very closely with the PCAOB throughout the year. Thus, major decisions that the board makes are not a surprise to the commission and would also reflect commission views. This is true with […]