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What Is Excise Tax? Who Pays It?
Every quarter, any business charging or receiving excise tax must file Form 720 (Federal Excise Tax Return) and make estimated payments. They may also have to pay local or state government excise ...
Morningstar1y
Miss Taking Your RMD? How to Know if You’re Off the Hook for the Excise Tax
No Form 5329 and No Further Action Required for Automatic Waivers of Excise Tax Generally, IRS Form 5329 must be filed for any RMD not taken by the deadline, whether to pay the excise tax or ...