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Understanding the Excise Tax

Posted by Missy Dennis on Jan 28, 2021 8:16:00 AM

An excise tax is a tax that is generally imposed on the sale of specific goods or services, or on certain uses. Examples of things a federal excise tax is usually imposed on include the sale of fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, and tobacco, as well as other goods and services. Excise taxes are imposed on a wide variety of goods, services and activities and may be imposed at the time of:

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Topics: Business Ownership, Taxes, Excise Tax, Business Expenses

Higher Ed Institutions Affected by Proposed Regulations

Posted by Taylor Bennett on Oct 21, 2019 8:41:00 AM
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Topics: Taxes, Excise Tax, Private College

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