Opinion: Implementing excise taxes may require changes to point-of-sale systems, invoicing, and record-keeping. Tax professionals can help advise on necessary system changes to ensure taxes are ...
The IRS has published a Treasury Decision on corrections to final regulations regarding the excise tax on repurchases of corporate stock made after Dec. 31, 2022. The corrections revise § ...
This interim guidance may be relied upon until regulations addressing the provision are issued. It is expected that the regulations will closely follow the definitions and rules in the notice. The ...
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