QUARTERLY FEDERAL EXCISE TAX FORM 720 ELECTRONIC FILING

The federal government raises money through taxes. Excise taxes are one such taxes levied on the purchase of particular items such as automobiles, fuels and certain services, mainly on items that considered vices or luxury goods. You may pay excise taxes on certain activities, such as highway usage (Fuel Tax), telephone service (Communication Tax), transportation […]

Federal Excise Tax Form 720 – 1st Quarter 2017

The Federal Excise Tax Form 720 for the 1st Quarter in 2017 is due this April and you have time till May 1st to complete and file your returns.¬†Form 720 is used to report and pay your federal excise tax liability for certain products that are manufactured, produced or imported like fuel as well as […]