Excise Tax: The Ultimate Guide for Small Businesses – Nina Godlewski

This article has been reviewed by tax expert Erica Gellerman, CPA. An excise tax is a tax charged for items that are frequently seen either as socially harmful or as a luxury good or service. Luxury vehicles are subject to excise tax, as are alcohol, gas, airline tickets, indoor tanning and more. Excise tax is sometimes…

Nina Godlewski writes for NerdWallet. Email: ngodlewski+wpguestuser@nerdwallet.com.

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