Depending on your business model, you may be planning to purchase and import goods from other countries to sell in your store. When importing products, you’ll likely be subject to taxes and duties. These are fees that your country imposes on incoming goods. Take the time to learn about importing goods into the US and Canada, and the associated taxes, so that you know the rules from the get-go. Also, if you are importing goods, the Duty Calculator can help you estimate the fees in your own business and plan for costs.
AMJ Bookkeeping LLC helps individuals and businesses in the community prepare their taxes, manage their finances and plan for the future!
