Federal Excise Tax for 2nd Quarter of 2020 is Due this July 31

TaxExcise.com, is the first ever IRS authorized electronic filing service provider, since 2007 to report all Federal Excise Tax Returns online. The most Trusted Partner and the most experienced in handling IRS Tax Form 2290, Form 8849 and Form 720 tax returns. For the current tax year 2020, 2nd Quarter Federal Excise Tax returns are due now, July 31 is the deadline and time for you to choose eFiling and complete your tax reporting in just minutes.

We’re the only e-File service provider for all Federal Excise Tax Forms to report it online, when you choose to e-File your federal tax returns with TaxExcise.com, you could rest assure your returns are safer than ever, e-File is at its best with TaxExcise.com. The website is secured with 256-bit encryption to transfer your data over internet to our website and 128-bit SSL to secure the channel. Along with a McAfee Secure certificate to enable more secured access to your tax data.

You must file Form 720 if you were liable for, or responsible for collecting, any of the federal excise taxes listed on Form 720, Parts I and II, for a prior quarter or for the current quarter and you haven’t filed a final return.

In other words, if you own a business that deals in goods and services subject to excise tax, you must prepare a Form 720 quarterly to report the tax to the IRS. The federal government charges an excise tax on specific types of products and services, which has to be collected and paid to IRS at regular intervals, quarterly.

Efiling or electronic filing is submitting your federal excise tax returns online to the IRS directly from TaxExcise.com website. There are two ways to filing your federal excise tax returns. The traditional way is the offline way, where you manually fill in directly or through a tax preparer you file your returns. The other way is when you e-file through the internet. E-filing has become popular because it is easier, doesn’t require prints of documents, and can be done in less time!

E-file is the fastest way, you could try for free and experience the difference. Form 720 reported every quarter would cost you $49.99 on single category. No other charges or no hidden charges, we won’t ask for your card details upfront.

Federal Excise Tax Filing