The Daily Overview on MSN

Ignore the 2026 1% IRS excise tax on cash moves and you could go broke

The new 1% federal excise tax on certain cash and money transfers starting in 2026 is not a nuisance fee you can shrug off. For households that move money across borders, run cash-heavy businesses, or ...
Mind Body Globe on MSN

Why you'd go broke ignoring new 2026 IRS rules: The 1% excise tax on cash transfers

Starting in 2026, a massive shift in corporate tax compliance is hitting American businesses, and honestly, most people have ...
CCJ

Taxpayers with 25 or more heavy vehicles must e-file excise tax forms

Individuals and organizations with 25 or more trucks, tractors or other heavy vehicles used on highways now are required to make their excise tax filings with the Internal Revenue Service ...
JD Supra

IRS Issues Initial Guidance on the New 1% Excise Tax on Certain Stock Buy-Back Transactions

The 1% excise tax on certain stock buy-back transactions (the Excise Tax) that was enacted as part of the Inflation Reduction Act of 2022 (IRA) went into effect on January 1, 2023. You can find more ...
ConsumerAffairs

What Is Excise Tax?

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 ...