Excise taxes are similar to sales taxes; they’re levied on certain items, such as alcohol, gasoline, and other specified goods and activities. The federal government imposes certain excise taxes, but states have their own. The Tax Foundation has a map showing excise tax collection in each state.
Barbara Weltman
Big Ideas for Small Business, Inc.
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BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.