Many businesses offering indoor tanning services are required to collect a 10 percent excise tax on the indoor tanning services they provide. The provider must pay the excise tax to the government, quarterly, while reporting IRS Form 720, Quarterly Federal Excise Tax Return. The following information is designed to help indoor tanning services providers understand how […]
Prepare and Report Federal Excise Tax Form 720 Returns online at TaxExcise.com
Form 720 – Quarterly Federal Excise Tax return Federal Excise tax is referred to indirect type of taxation imposed on the manufacture, sale or usage of certain type of goods and products. However, excise taxes are included in the price of the product, such as cigarettes or alcohol, also included in the price of an […]
4th Quarter Federal Excise Taxes are now due and Jan 31 is the last date
Wish every on had a great start to the new year 2019. You may have had some really good memories about the past year 2018, but you never know what’s the new year 2019 is bringing for you. Its time to be hopeful, have new dreams & make some new resolutions for the new year […]