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 ...
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 ...
JD Supra

Treasury and the IRS Finalize Stock Buyback Excise Tax Regulations

On November 21, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations under Section 4501 1 relating to the one percent stock buyback ...
JD Supra

IRS Issues Initial Guidance on the New 1% Excise Tax on Certain Stock Buy-Back Transactions

The 1% excise tax on certain stock buy-back transactions (the Excise Tax) that was enacted as part of the Inflation Reduction Act of 2022 (IRA) went into effect on January 1, 2023. You can find more ...