The IRS has published a Treasury Decision on corrections to final regulations regarding the excise tax on repurchases of corporate stock made after Dec. 31, 2022. The corrections revise § ...

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.

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 ...

I am honored to write for Morningstar, and I hope you find my content useful. I work with advisors to help their clients avoid making technical and operational mistakes with their tax-deferred ...