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 duty is an indirect tax. That means the tax amount is included as part of the selling price. Excise duty, also known as excise tax, is ultimately passed on and paid by the consumer when he ...

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 ...

The Tax Court granted the IRS’s motion for partial summary judgment, upholding the Service’s imposition of over $8 million in excise tax on a taxpayer’s excess contributions to an individual ...

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 ...

Before the latest notification, cigarettes and other tobacco products were taxed under a layered structure combining GST with ...

I view with concern the recent Department of Justice (DOJ) resolution dismissing the Bureau of Internal Revenue (BIR) excise ...

PSSSB Excise Inspector Recruitment 2026: If you're interested in a government job as an inspector, a new recruitment drive ...

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 ...