Companies responsible for collecting this 1% tax are required to send it to the IRS twice a month and if they fail to do so, ...

Beginning January 1, 2026, remittance transfer providers will be required to collect a 1 percent remittance transfer tax from ...

GREEN BAY, Wis., June 19, 2024 /PRNewswire/ -- IGEN, a leading provider of motor fuel excise tax software, is proud to announce that it has been approved by the Internal Revenue Service (IRS) to offer ...

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 ...

Businesses in the United States have to pay a variety of taxes on the products they sell. The most common example of this is sales tax. But in some cases, companies may also have to pay excise taxes.

CHARLOTTE — The Internal Revenue Service announced tax relief for individuals and businesses in the entire state of North Carolina that were affected by Hurricane Helene. These taxpayers now have ...

American lawmakers are again seeking to eliminate the federal excise tax on sports wagering, more popularly known as the "handle tax." Representatives Dina Titus of Nevada and Guy Reschenthaler of ...