If the [charity’s] activity exposes state coffers to the risk of an excise tax from the IRS, you have to begin to question whether or not its existence is justified,” said a Republican lawmaker ...

Specific Taxes. These are fixed amounts per unit sold. For example, gas is taxed at 18.3 cents per gallon, regardless of the price per gallon. Excise Taxes on Retirement Accounts ...

It also applies to 2024 contributions to IRAs and health savings accounts for eligible taxpayers and to estimated tax payments normally due on April 15, June 16 and Sept. 15, 2025. Penalties on ...

The digital asset tax was adopted in September 2023, where all cryptocurrency transactions were subjected to a fixed levy ...

Currently, the excise tax on all charitable foundations is 1.39%, but the proposed legislation would enact rates of 2.78%, 5% ...

The 3.5% excise tax proposed in President Trump's One Big Beautiful Bill comes with wide-ranging implications for financial ...

Opinion: Johns Hopkins' Stacey Lee says hospital boards can navigate Congress' reconciliation bill's legal quandaries by ...

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

Once you take your RMD out of your IRA, you can’t put it back again—the IRA designs these distributions to be taxed. Have a ...