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 […]
Form 720, the Quarterly Federal Excise Tax Return, is used to report and on excise taxes collected by the business for a variety of products and services. You can prepare it online at http://TaxExcise.com, the only website that support eFile, at just $49.99 for a single return.
Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline/fuel. 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 […]
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 activity, often gambling. They are imposed by both […]
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 […]
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