The Treasury Department and the Internal Revenue Service released Notice 2023-2 last week providing interim guidance for the new excise tax on repurchases of corporate stock beginning Jan. 1, 2023.

Proposition KK would levy a new 6.5 percent excise tax on gunsellers for all sales of ammunition, firearms and gun parts. The money would fund programs for crime victims and behavioral health support ...

An excise tax is an extra tax added to certain products or services. Learn what this might mean for your business. Many, or all, of the products featured on this page are from our advertising partners ...

At present, the total endowments at institutions of higher education in the United States sits around $836 billion. Nearly a quarter is held by Ivy League schools and the 25 largest private and 25 ...

Forbes contributors publish independent expert analyses and insights. I write about cannabis and psychedelics culture and business. Writing—and reading—about taxes is about as interesting as watching ...

Forbes contributors publish independent expert analyses and insights. I write about cannabis and psychedelics culture and business. In September 2025, California Governor Gavin Newsom signed Assembly ...