Small Business Taxes

Resources and nformation about small business and self employment taxes.

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Old 09-20-2008
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Default Excise Tax
Does any of you need to pay Excise Tax for your business?
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Old 02-14-2009
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Default Re: Excise Tax
I don't - at least not that I'm aware of... ? Do you?

Here's the definition of 'excise tax' from the IRS website:
Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. Excise Tax has several general excise tax programs. One of the major components of the excise program is motor fuel.
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