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Now in effect: the federal 1% remittance transfer excise tax began January 1, 2026. IRS deposit penalty relief is temporary.

The new 1% remittance tax is live.
Is your compliance?

If your company processes cross-border money transfers, you may already owe semimonthly federal excise deposits and quarterly Form 720 filings — even if no one has told you yet. A former IRS auditor will find your exposure before the IRS does.

Get Your Free 20-Minute Exposure Scan No obligation · 20 minutes · Zoom · or email info@exciseadvisors.com
Former IRS auditor — 15 years of audit experience
Fixed-fee engagements — no hourly surprises
Nationwide — federal excise, all 50 states
Chicago HQ — 10 South Riverside Plaza

Who this is for

Money transmitters & remittance providers

Licensed MSBs handling consumer transfers abroad — the core of the new excise tax.

Fintechs with cross-border flows

Apps and platforms that move funds internationally, including those unsure whether the cash/money-order rules reach them.

Credit unions & community banks

Institutions offering international transfer services that have never filed a federal excise return before.

What non-compliance costs

The remittance excise regime carries the standard federal excise enforcement stack:

  • Failure-to-deposit penalties on missed or late semimonthly deposits — and deposits were first due January 29, 2026
  • Failure-to-file and failure-to-pay penalties on Form 720, compounding quarterly
  • Interest accruing from each original due date
  • The tax itself — providers are required to collect it from senders; miss the collection and you may be funding it out of your own margin

The IRS has granted temporary deposit penalty relief while the industry catches up. When it expires, "we didn't know" stops working.

How it works

Free 20-minute exposure scan (Zoom). We walk your transfer products, funding methods, and current filing posture. You leave knowing whether you have a problem — either way.
Fixed-fee diagnostic. A written exposure memo: which transactions are taxable, what you should have deposited and filed, your estimated penalty range, and a prioritized fix list. $7,500 flat.
Remediation & monitoring. If gaps exist, we quote the cleanup — corrected filings, penalty-relief requests, deposit process design — and offer ongoing monitoring so this never surprises you again.
The diagnostic pays for itself: if we find a problem, 100% of your diagnostic fee is credited against the remediation engagement. If we find nothing, you bought certainty.

Why a former IRS auditor

Founder & Lead Advisor

Former IRS Auditor · 15 Years of Audit Experience

I spent my career examining returns the way the IRS actually examines them — including excise. Now I run that playbook in reverse: finding the exposure, quantifying it, and fixing it before it ever reaches an examiner's desk. Every engagement is fixed-fee, delivered nationwide over Zoom, and documented in a written memo you can hand to your bank, board, or auditors.

Common questions

Doesn't our CPA already handle this?

Usually not. Excise is a specialty — most general practitioners have never filed a Form 720. Ask them when they last made a semimonthly excise deposit. The scan is free either way; if you're clean, I'll tell you so in 20 minutes.

We only take debit/card-funded transfers. Are we exempt?

Funding method matters enormously under the new rules — and so does documentation proving it. That's exactly what the scan sorts out.

We're not sure the tax applies to us at all.

That's the most common — and most dangerous — position. Twenty minutes gives you a defensible answer instead of a hope.

Do you work outside the remittance industry?

Yes — the practice covers federal excise broadly, including Superfund chemical taxes for importers and manufacturers. Remittance is simply where the 2026 fire is burning hottest.

Know your exposure in 20 minutes

Free, nationwide, via Zoom. Worst case: you confirm you're compliant. Best case: you catch a problem while penalty relief still exists — and your diagnostic fee credits toward the fix.

Book My Free Exposure Scan

ExciseAdvisors
10 South Riverside Plaza, Chicago, IL 60606
info@exciseadvisors.com

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