Tag Archives: Excise tax in the United States

Deducting Sales Taxes

Today TaxMama hears from Ernie in Kentucky, with this question. “Do taxes charged on utility bills, ie: state, local, school, local 911 charge, qualify for a deduction on 1040 Schedule A?”

2008 Excise Taxes on Air Transportation

Courtesy of the Internal Revenue Service WASHINGTON — Today the Internal Revenue Service announced the 2008 inflation adjustments to the excise taxes on air transportation. Excise taxes apply to the domestic segments of taxable air transportation and to the use of international air facilities. The Consolidated Appropriations Act, 2008, signed into law on Dec. 26, […]

Truck Taxes

Today TaxMama hears from Dawn in Hawaii who is upset: “I bought a concrete boom pump in 2006 for $295,000 in Canada. I just received a letter from the IRS stating that I owe $35,400 for a Federal excise tax. I have not been told by the seller or anyone else about this. When I […]