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Maximizing de minimis benefits and take-home pay

The start of the new year brings encouraging news for both employers and employees when it comes to compensation and benefits. A key development for taxpayers is Revenue Regulation (RR) 29-2025, which ...
Textile World

NCTO CEO Kim Glas Highlights How Ending De Minimis Helped Level The Playing Field For U.S. Manufacturers & Protect Consumers

WASHINGTON, D.C. — December 19, 2025 — National Council of Textile Organization (NCTO) President and CEO Kim Glas participated in a panel discussion hosted by The Capitol Forum at the National Press ...
Specialty Fabrics Review

CBP collects $1 billion since end of de minimis loophole

In mid-December U.S. Customs and Border Protection (CBP) reported that it has collected more than $1 billion in duties on more than 246 million low-cost shipments since the phasing out the de minimis ...
Marketplace

How the end of the 'de minimis' exemption hit businesses

Since the de minimis exemption was abolished four months ago, the number of parcels coming to the U.S. worth less than $800 has fallen by 54%. Tariffs are the major theme of the Trump administration's ...