Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

The IRS and the Treasury posted temporary regulations and a notice of proposed rulemaking outlining a new way to recover ...

In 2022, lawmakers introduced a new excise tax on stock repurchases. This one percent tax applies to net share repurchases of large corporations and was projected to raise $73.6 billion over a decade.

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 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 ...

The first thought most people have about taxes is what a pain it is to prepare your tax return and pay the thousands of dollars most taxpayers owe to the IRS every year. Yet beyond the income tax, ...

Indiana Governor Mike Braun is unlikely to suspend the state's gas excise tax, despite calls from Democrats to do so. The current tax holiday, which saves ...