import tariffs

Section 321: How to Avoid US Import Tariffs

Sourced From: https://homebusinessmag.com/money/taxing-times/section-321-avoid-us-import-tariffs/

Since the inception of the online landscape, the number of e-commerce businesses across the country has increased exponentially.

Many of these have filled a need in the market by finding overseas goods that are of interest to American consumers, importing them, and selling them on for a profit.

And let’s face it — it is an incredibly effective business model.

By pursuing overseas goods, you can find products that are yet to hit the American markets. This alone creates a point of difference between you and any other businesses in the area.

Moreover, these same products are often of a high quality and can be obtained at an extremely low price point.

As such, this method of business has become one of the most effective ways for US citizens to create a viable income using nothing more than a laptop, an internet connection, and some ingenuity.

However, things have recently started to change.

(more…)

Continue Reading