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 ...

The IRS has issued final regulations that provide taxpayers and tax professionals with guidance on how to report and pay the excise tax owed on corporate stock repurchases. Congress created a new tax ...

Compare tax relief providers that match your needs. Find Tax Experts Reduce your tax burden now Commonly known as the “sin tax,” the excise tax is a tax on products that are considered harmful or ...

More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

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 ...

USA flag and contemporary glass architecture of Financial District, New York City, USA. Eric Solomon of Steptoe & Johnson LLP discusses the new excise tax on corporate stock buybacks and examines the ...