"If the [charity's] activity exposes state coffers to the risk of an excise tax from the IRS, you have to begin to question ...

Editor: Mary Van Leuven The U.S. government imposes federal excise taxes that can affect a surprising variety of companies.

If you don’t withdraw your required minimum distribution (RMD) amount each year by April 1 after you turn 73, you could face a stiff tax penalty from the IRS. “Failing to take an RMD can result in the ...

Additionally, the IRS announced that penalties for not making payroll and excise tax deposits that are due between April 2 and April 16, will be waived as long as the deposits are made by April 17.

Unpaid tax debt can quietly drain your finances and your peace of mind. Here are the hidden costs to watch for.

In a bold legislative move, President Trump introduces a new tax targeting private universities through 'The One Big ...

Forms due include the Form 990 series (990, 990-EZ, 990-PF), Form 990-N for smaller organizations, Form 990-T for unrelated business income, and Form 4720 for certain excise taxes.

Additionally, the IRS announced that penalties for not making payroll and excise tax deposits that are due between April 2 and April 16, will be waived as long as the deposits are made by April 17.

Learn about enrolled agents. Find out what they are, their duties, how to become one, the benefits of becoming an EA, when ...

The Internal Revenue Service requires individuals and organizations to pay excise taxes on certain gasoline and environmentally related purchases. While some exemptions apply, the nonprofit ...

If you are not required to file your taxes with IRS Form 1040, you may file Form 5329 by itself and pay the excise tax owed. The IRS website offers instructions for Form 5329.

Lots of wage earners only file tax returns once a year. But small business owners, including the self-employed, have additional taxes to worry about–and possibly year round.