When importing merchandise into the U.S., you might need a customs bond. A customs bond acts as a contract to guarantee that the federal government will receive payment for all duties, taxes and fees.

A bonded warehouse is a secured building or premises for storage of dutiable goods. It may be managed either by the state or by a private company that has to post a customs bond with the government.

Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the ...

Barry A. Nelson, a Florida bar board certified tax attorney in the North Miami Beach, Fla., writes: Recently, I was approached by the personal representative for an estate of a wealthy decedent that ...

CHICAGO (Reuters) - Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for ...