The IRS on Tuesday issued a pair of notices of proposed rulemaking providing guidance on the Sec. 4501 1% excise tax on corporate stock repurchases that was enacted by the Inflation Reduction Act of ...

Excise taxes are a tax charged on specific goods or services produced and sold domestically. As a small business owner, it is important to understand how an existing or potential excise tax will ...

Excise taxes are sales taxes triggered when you spend money on a particular product, item or service. Federal gasoline taxes are an excise tax. So are state taxes on some vehicle sales, gambling or on ...

The Covid-19 pandemic blew up budget deficits in low- and middle-income countries, pushing many toward or into precarious financial straits. There is also growing pressure on policymakers to soften ...

Individual retirement account excise taxes and penalties range from 6% to 25% and can eat into or even completely erode an IRA’s accrued earnings. But an IRA-savvy advisor can help avoid these excise ...

I'm curious about excise tax. Why does Massachusetts have this? This "extra" tax is supposed to go to our roads here in the Commonwealth, but does it really? Roads in our cities and towns are a ...