2nd Quarter Federal Excise Tax Due this July try electronic filing

Federal Excise Tax Form 720 is reported and paid (if any) by end of each quarter, it is time for 2nd Quarter Form 720 reporting. If you have any difference you may also pay the tax online using IRS approved commercial software provider for all Federal Excise Tax Forms, http://TaxExcise.com. The only website to support […]

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 […]

Quarterly Federal Excise Tax Form 720 eFile

The excise taxes on a service offered/ goods sold/ purchases made/ fuels and many is reported and paid to the IRS at end of every quarter. This Quarterly Federal Excise tax is reported in Form 720. This FET can also be prepared and reported electronically with the IRS using http://TaxExcise.com an authorized e-file service website. www.TaxExcise.com […]

What is an Federal Excise Tax?

An excise tax is a tax on use or consumption of certain products. Excise taxes (sometimes called “duties”) are sometimes included in the price of a product, such as motor fuels, cigarettes, and alcohol. Excise taxes may also be imposed on some activities, like gambling. Excise taxes may be imposed by the federal government or by a […]