Tangible gifts, prizes, and awards are the preferred method for recognizing an employee. Tangible items must be of a de minimis value and follow the funding source requirements in the Chart. Awards of ...
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
First, let’s explore tax-free employer presents. These gifts are generally not taxed if they are deemed “de minimis,” which means: Low in cost (like Christmas turkeys, books, candles ...
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de minimis benefits enumerated in RR 2- ...
President Donald Trump’s flip-flopping on trade issues has proponents of de minimis reform up in arms. At a virtual press conference on Wednesday, U.S. Representative Rosa DeLauro (D-Conn.) ...