The new 1% federal excise tax on certain cash and money transfers starting in 2026 is not a nuisance fee you can shrug off.
Starting in 2026, a massive shift in corporate tax compliance is hitting American businesses, and honestly, most people have ...
Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.
On November 24, 2025, the US Department of the Treasury and the IRS issued final regulations on Section 4501, 1 which imposes a 1% excise tax on certain repurchases of stock of publicly traded ...