The new 1% federal excise tax on certain cash and money transfers starting in 2026 is not a nuisance fee you can shrug off.

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 ...

More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

LEOMINSTER — As was recently done in Fitchburg, Leominster is planning to enact a local option meals excise tax soon in order to help reduce the cost of the Fall Brook Elementary School project and is ...

[Stay on top of transportation news: Get TTNews in your inbox.] Legislation designed to repeal a World War I-era tax on new heavy-duty trucks, tractors and trailers was recently introduced in the U.S.

In 2022, lawmakers introduced a new excise tax on stock repurchases. This one percent tax applies to net share repurchases of large corporations and was projected to raise $73.6 billion over a decade.