Electronic Filing for Federal Excise Tax Form 720

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, and in some ways resembles a state sales tax.

Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. One of the major components of the excise program is motor fuel.

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Now it is time for 1st Quarter Federal Excise Tax Returns, try using online/eFiling for this year to experience the difference and the ease in preparing it. TaxExcise.com is just charging you $49.99 for a single category of Excise Taxes and you’ll enjoy filing it online.

We have a help desk to take care of your questions inline with tax and tax filing. We’re the only website authorized by the IRS to support eFile for all Excise Taxes and Excise Tax Refund Claims (Form 8849)