Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

A Massachusetts vape shop owner is accused of failing to pay more than $467,000 in excise taxes. Ashraf Youssef, 61, of Hopkinton was arraigned on June 18 in Middlesex Superior Court on three counts ...

FITCHBURG — In a bid to generate crucial revenue for local programs and projects, the City Council voted 7-4 to implement a local meals excise tax. The tax, which will add 0.75% to the cost of a ...

Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...