Indiana’s 201% hike in its cigarette excise tax, which takes effect July 1, will reshape consumer behavior, and not necessarily in the way lawmakers expect. While the intent is to boost revenue ...

A proposal that passed the House last week as part of the “one big, beautiful bill” would increase the excise tax on private charitable foundations by up to sixfold.

A proposed section in the U.S. House of Representatives version of the One Big Beautiful Bill (OBBB) would impose a 3.5 percent excise tax on a remittance of money. This proposal has wide-ranging ...

Congress must not include the excise tax increase or the tax-exempt status provision in the reconciliation bill as it advances it through the process. These proposals are not symbolic.

Tucked away in the tax legislation making its way through Congress is an obscure provision that could lead to profound changes in civil society—and not for the better. The House Republicans ...

Senate Republicans stunned the power industry over the weekend with a proposed new tax on wind and solar projects, part of a broader push to unravel incentives for renewable energy.

The One Big Beautiful Bill Act would pay for Trump’s campaign promises to make his 2017 tax cuts permanent, cut other taxes and boost spending for the border and defense.

The current endowment excise tax of 1.4 percent could soon expand to numerous institutions and soar to as high as 21 percent for some, depending on value per student.

Quarterly payroll and excise tax returns normally due on Jan. 31, April 30, and July 31, 2025. Calendar-year partnership and S corporation returns normally due on March 17, 2025.

California confirms cannabis excise tax will rise to 19% on July 1, sparking backlash from operators and renewed legislative pushback.

House Bill 1183 will simplify how motor vehicle excise tax is determined for vehicle purchases by requiring the tax to be based on the actual sales price of the vehicle.

The tax bill released by House Republicans on Monday calls for escalating taxes on investment income at the nation’s foundations and universities, which means the richest foundations and universities ...