The Daily Overview on MSN
Ignore the 2026 1% IRS excise tax on cash moves and you could go broke
The new 1% federal excise tax on certain cash and money transfers starting in 2026 is not a nuisance fee you can shrug off. For households that move money across borders, run cash-heavy businesses, or ...
As part of the Inflation Reduction Act of 2022, there’s a new one percent excise tax on stock repurchases by certain corporations. The IRS has now issued proposed regulations related to the tax. A ...
Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...
The IRS has issued final regulations that provide taxpayers and tax professionals with guidance on how to report and pay the excise tax owed on corporate stock repurchases. Congress created a new tax ...
Mind Body Globe on MSN
Why you'd go broke ignoring new 2026 IRS rules: The 1% excise tax on cash transfers
Starting in 2026, a massive shift in corporate tax compliance is hitting American businesses, and honestly, most people have ...
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