Category Archives: Federal Excise Tax Electronic Filing

Excise tax on indoor tanning services, for the first quarter of 2011 is due May 2.

Starting July 1, 2010, many businesses offering tanning services must collect a 10 percent excise tax on the tanning services they provide. This excise tax requirement is part of the Affordable Care Act that was enacted in March 2010.Use IRS Form 720, Quarterly Federal Excise Tax Return to report and pay the indoor tanning tax due by May 2, 2011. Act fast and report it electronically at www.TaxExcise.com What is taxable indoor tanning service?

Taxable indoor tanning service means a service employing any electronic product designed to incorporate one or more ultraviolet lamps intended for the irradiation of an individual by ultraviolet radiation, with wavelengths in air between 200 and 400 nanometers, to induce skin tanning

Who must pay the indoor tanning services tax?

Indoor tanning service providers are responsible for collecting the tax from the person paying for the service and in some situations, from the person receiving the service.What is taxable indoor tanning service?

Taxable indoor tanning service means a service employing any electronic product designed to incorporate one or more ultraviolet lamps intended for the irradiation of an individual by ultraviolet radiation, with wavelengths in air between 200 and 400 nanometers, to induce skin tanning.

Who must report the tax to the government?

The person receiving the payment for the indoor tanning service must report the indoor tanning services tax on and remit the full amount of tax with a timely filed return.

How do I report the indoor tanning services tax?

Report the indoor tanning services tax on Form 720, Quarterly Federal Excise Tax Return electronically at www.TaxExcise.com and get it accepted by the IRS in minutes.

Excise Tax e-File & Compliance (ETEC) Programs – Form 720, 2290 and 8849

The Excise Tax e-File project was initiated to satisfy the IRS’ requirement to provide electronic filing of Form 2290, Heavy Highway Vehicle Use Tax Return, as directed in the American Jobs Creation Act (October 2004). Excise Tax e-File & Compliance (ETEC) Programs (Form 720, 2290 and 8849) has joined the ever-growing-number of tax forms and schedules that can be electronically filed, providing taxpayers the speed and reliability that millions of taxpayers and business owners already enjoy.

Form 720, Quarterly Federal Excise Tax Return is also available for optional electronic filing.  Simply make your selection on the 720 e-file partner’s page and join millions of taxpayers enjoying the convenience and ease of on-line filing, immediate acknowledgment of receipt and faster service.

Form 2290, Heavy Highway Vehicle Use Tax Return is available for electronic filing. The electronic version of Form 2290 will improve excise tax processing, expedite refunds, save personal resources (e.g., time & postage) and reduce preparation and processing errors.  Schedule 1 will be available almost immediately (once your return is accepted by the IRS) through your software developer/transmitter – no more waiting for it to come in the mail!

Taxpayers filing Form 2290 reporting 25 or more vehicles for any taxable period are required by statute to electronically file their Form 2290 tax return through an IRS-approved software provider.

Form 8849, Claim for Refund of Excise Taxes (Schedules 1,2, 3, 5, 6 and8) are now available for e-file. Electronically submitted Schedules 2, 3 and 8 refund claims will be processed within 20 days of acceptance by the IRS, versus the usual 45 day processing time on all other 8849 schedules.

FILE YOUR TAXES NOW!
To file your excise forms electronically you will need to select an approved software provider for the tax forms you want to file.   Form 720 provider information can be found on the 720 e-file partner’s page.  Form 2290 provider information can be found on the 2290 e-file partner’s page. Form 8849 provider information can be found on the 8849 e-file partner’s page.

QUESTIONS? Call  Excisetax.com at 866-245-3918 or simply email it to support@taxexcise.com

Form 8849, Schedule-3 is up for Efiling…

The IRS is offering electronic filing of Form 8849 will satisfy the Congressional mandate to provide filers an electronic option for filing Form 8849, Schedule 3. Schedules 1, 2, 5, 6 and 8, are also available for efiling through www.TaxExcise.com.

How will Form 8849 e-file improve results? Refunds for an electronically filed Form 8849, with Schedule 2, 3 or 8,  will be processed within 20 days of acceptance by the IRS. All other Form 8849 schedules are processed within 45 days of acceptance. Much faster than Paper filing method

Continue reading Form 8849, Schedule-3 is up for Efiling…

Tax2290 Reminder: HVUT is due March 31, if your vehicle first used in Feb 2011.

Heavy Vehicle Use Tax (IRS Form 2290) is due by March 31st, 2011. if your vehicle first used in February, 2011.

Have you used your vehicle first time in March 2011 since July 1st, 2010?

If YES, then you need to file IRS Form 2290 by end of this month and get your Schedule-1 instantly only at www.Tax2290.com

Is your gross weight Increased? Is your Vehicle Mileage Limit exceeded since the recent tax return?

If YES, then you now need to file an IRS Form 2290 Amendment to get the reviced Schedule-1 in minutes. Also you can claim your refund from IRS by filing Form 8849 Schedule-6 at www.TaxExcise.com

Need to correct your VIN#? Is your VIN number mistyped while filing with IRS?

If Yes, E-file VIN correction with IRS in just few clicks at www.TaxExcise.com and receive the corrected Schedule-1copy in minutes – just like your original Form 2290 filing.

Have you down-sized the number of Vehicles? Is your Vehicle reported Low Mileage from the last filed return?

If Yes, then IRS owe!!! Yes you need to claim a credit back on a Sold / Destroyed / Stolen Vehicle or Low Mileage Vehicle or any other claims at www.TaxExcise.com and get it accepted instantly.

You can do all at one place www.TaxExcise.com. Try now!!! We are BBB Accredited with A+ rating.

•Get Instant TEXT alert on status of your return in minutes.
Receive Schedule-1 copy by FAX instantly once IRS accepts your 2290 return in minutes.
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Give it a Try for Free and pay only if you print or efile with IRS…. Experience the difference only withwww.TaxExcise.comwww.Tax2290.com

Avoid getting penalized by the IRS by simply filing these easy returns at www.Tax2290.com or www.TaxExcise.com. You can get Schedule-1 copy instantly right in your email. www.Tax2290.com has come up with  ultimate features just for you.  For further queries email us at support@taxexcise.com or call our support center at 1-866-245-3918

What Is IRS Form 720?

Companies and individuals that do business in the United States are required by law to file taxes with the federal government. A variety of forms are required based on varying circumstances of the individual taxpayer or company. A Form 720 is also known as a Quarterly Federal Excise Tax Return.

Purpose of Form 720:

The Quarterly Federal Excise Tax Return is used to file and pay excise taxes due on a quarterly basis to keep liabilities under control. Select companies are required to pay excise tax to the federal government depending on their business. Companies that engage in the sale of gasoline or tobacco or in services including indoor tanning may be required by law to file an excise tax return. Continue reading What Is IRS Form 720?