Tariff Refunds

Your Resource for Tariff Refunds and Strategic Tax Advice

Business owners are navigating a unique financial landscape this year. With shifting trade policies and updated tax laws, many companies have paid more to the government than they actually owe. Whether you've been hit with steep import duties or are sorting through complex tax credits, Furdock & Foglia Law LLP is here to provide the clear guidance you need to protect your bottom line.

Many of the IEEPA (International Emergency Economic Powers Act) tariffs paid over the last year may be eligible for return to businesses. The Supreme Court has already determined that the government lacked the authority to impose these costs in the first place. Justice Kavanaugh noted in his dissent that "The United States may be required to refund billions of dollars to importers who paid the IEEPA tariffs…." The remaining question is whether refunds will come through litigation or a formal submission process, and how best to protect your ability to claim and maximize your recovery. While the Supreme Court has opened the door to massive tariff reimbursements, it notably remanded the mechanics of those refunds to the lower courts. Because the administration is likely to contest many of these claims, working with a firm that understands the mechanics of trade law is essential to securing your company's recovery. Absent additional guidance, importers should seek legal counsel and consider filing protests once entries liquidate, as well as filing suit in the Court of International Trade (CIT) to cover all entries where they paid IEEPA tariffs. We have experience turning these programs into a winning strategy for your company. Below is an overview of our tariff refund program as well as our existing ERC, R&D credit, and tax controversy services. Reach out to Furdock & Foglia Law LLP to set up a consultation about your business needs.

Start Preparing for Your Tariff Refund Today

The Supreme Court recently struck down the tariffs collected under the International Emergency Economic Powers Act (IEEPA) of 1977. If your company has imported goods, you've likely felt the impact of those additional costs. We can work with you to determine whether your imports fall under the tariffs that were invalidated by the Court.

Many companies had already begun pursuing legal action against the federal government before the Supreme Court issued its decision. It remains unclear whether those cases will continue or whether a formal refund submission process will be established instead. We are closely monitoring the litigation and other tariff rebate developments to best serve our clients.

Regardless of how the process unfolds, any tariff refunds will require documentation. You will need to demonstrate exactly what you imported, when it arrived, and how much duty you paid at the border. Having these records prepared in advance will position you ahead of the curve when it's time to file your tariff refund claim, whether through an official process or through litigation. Furdock & Foglia Law LLP can help you assemble the documentation necessary to satisfy the government's requirements.

Discuss Your Tariff Refunds with Furdock & Foglia Law LLP

From pursuing tariff refunds to claiming ERC or R&D credits and resolving tax disputes, we offer a broad range of services designed to help you keep more of what you've earned. We take the time to understand your business so we can deliver advice tailored to your unique situation. Our goal is to be the first firm you think of when you need help with a complex tax or trade issue.

Our attorneys are ready to help you plan your financial future. Reach out to our team today to discuss your tariff refunds, ERC and R&D credits, or other business needs.

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