Starting January 1, excise duties on tobacco and alcohol will increase, followed in the spring by hikes in excise rates on ...

The Treasury and the Internal Revenue Service say guidance is forthcoming on a new method for recovering federal excise tax ...

FutureFuel Corp., a manufacturer of custom and performance chemicals and biofuels, announced it has obtained Excise Tax Registration approval from the IRS, a crucial step to qualify for the clean fuel ...

LANSING — Michigan, where the roads are never ranked among the nation's best, on Jan. 1 will have the fourth-highest fuel excise tax in the nation — up from 18th — and rank second only to California ...

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.

Despite an increase in the excise tax on motor fuel from January 1, 2026, the final retail price at gas stations may remain ...