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 ...

Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...

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 ...

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 ...