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.
The IRS provided relief regarding the new Sec. 4501 1% excise tax on the value of corporate share repurchases by a covered corporation during its tax year, saying Thursday in Announcement 2023-18 that ...
The U.S. Department of Labor has released its package of proposed changes to the regulation defining fiduciary advice and to the exemptions for conflicts and compensation for investment ...
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