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 […]

Wednesday Jan 31 IRS Form 720 is Due

The IRS Federal Excise Tax Form 720, to report the quarterly excise tax returns for 4th Quarter is due this Wednesday, January 31. Act fast and you just have couple of days left to have this tax filing on time. @taxexcise @tax2290