Shelf Life
Open full sizeDebits & Credits, October 26, 2026. Laughs are nonrefundable.
Transcript. Panel 1, Debit sits between binders full of tariffs and a stack of CFR snippets. Client: “Client paid 50% on Canadian cheese. Under which section?” Debit: “Three-thirty-eight. Smoot-Hawley. Just reshuffled.” Panel 2, Debit points to October 30 circled on a calendar beside a board of statutes “subject to change,” with IEEPA, §122, §301, and §232 struck through. Debit: “Additions and removals take effect Thursday. First lawsuit filed.” Panel 3, Debit with his mug. Debit: “Refund or new duty? It depends.”
Client alerts go out about once a week.
This alert is for general information only and is not tax, legal, investment, or accounting advice. Consult your own advisers before acting. Carlos A. Schmidt, MBT, MBA, CPA · carlos@lapresallc.com · (917) 558-6393.