Small businesses that sell goods or services that incur excise taxes need to file IRS Form 720 quarterly. Many, or all, of the products featured on this page are from our advertising partners who ...

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 ...

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 ...

Opinion: Implementing excise taxes may require changes to point-of-sale systems, invoicing, and record-keeping. Tax professionals can help advise on necessary system changes to ensure taxes are ...

The IRS has provided data on federal Superfund excise taxes, which started hitting hit resin buyers' invoices July 1. The net result for many plastics processors likely will be higher prices — close ...

The first thought most people have about taxes is what a pain it is to prepare your tax return and pay the thousands of dollars most taxpayers owe to the IRS every year. Yet beyond the income tax, ...

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 ...