A new federal tax quietly took effect on January 1, 2026, and millions of Americans who regularly send money abroad may not ...

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 ...

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.

After the St. Mary's commissioners' disagreements about excise taxes last month, a handful of residents attended this week’s public hearing to oppose the suggested changes.