As a former economist for both the U.S. Treasury’s Office of Tax Analysis and the Senate Finance Committee, I have seen plenty of inane tax policy, but the fact that the U.S. government mails checks ...

The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) 94-2025 on Sept. 24, 2025, providing ...

Importers of smoking tobacco products, particularly cigarettes, are increasingly saving millions in federal excise taxes by employing a refund mechanism known as the “drawback.” A recent report ...

WASHINGTON, D.C. - Sometimes the IRS can't get people to cooperate, even when it tries to give money away. As of last November less than 6 percent of business taxpayers filing returns had made claims ...

(1) S. 373, To facilitate and expedite direct refunds to coal producers and exporters of the excise tax unconstitutionally imposed on coal exported from the United States, all provisions relating to ...

(2) S. 2884, A bill to facilitate and expedite direct refunds to coal producers and exporters of the excise tax unconstitutionally imposed on coal exported from the United States, all provisions ...