On November 24, 2025, the US Department of the Treasury and the IRS issued final regulations on Section 4501, which imposes a 1% excise tax on ...

Local government representatives want to use a portion of excise tax from construction at Ellsworth Air Force Base to pay for ...

The government has amended the Central Excise Act to substantially increase duties on tobacco products. Excise on cigarettes ...

One of the highest duties in the amended schedule, at 325%, is imposed on smoking mixtures for pipes and cigarettes.

The House Ways and Means Committee passed three bills aimed at bolstering taxpayer rights. Your complimentary guest account ...

The IRS just announced major tax changes for 2025 and 2026. Learn how new deductions, brackets, and credits could impact your ...

Required Minimum Distributions are supposed to be a routine part of retirement, yet a handful of subtle missteps can quietly ...

The final rules also refine how companies calculate their annual buyback base using netting. Netting allows issuers to offset repurchases with qualifying stock issuances in the same tax year. The IRS ...

The U.S. government has issued final regulations significantly limiting the situations where a corporation will be liable for the 1% corporate ...

The IRS published final regulations that scrap the proposed funding rule and ease compliance for M&A deals, preferred stock, and netting provisions.

The IRS and Treasury have issued final regulations (TD 10037) that eliminate stock repurchase excise tax exposure for M&A transactions, ...

The Internal Revenue Service (IRS) and U.S. Treasury Department have issued final regulations (T.D. 10037) (Final Regulations ...