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We at Taxexcise.com always keep our application updated with latest changes brought in by the IRS & Congress. One such recent change was the two year moratorium on the medical device excise tax imposed by Internal Revenue Service. It was signed into law on Dec. 18, 2015, which means the medical device excise tax does not apply to the sale of a taxable medical device by the manufacturer, producer, or importer of the device during the period beginning Jan. 1, 2016 till Dec. 31, 2017.
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It goes without saying that the best always survives and continues to provide the same quality service, while the rest disappears. October 31st 2016, mark this date on your calendar, it the last day to E-file your Form 720 for the Third Quarter of 2016 without any penalty or interests. I love paying penalties, said no one ever. Log on to www.taxexcise.com , E-file your Form 720 right away to avoid the last minute rush. Get Expert advice on Federal Excise tax Form 720 @ 1-866-245-3918 or Email your queries to firstname.lastname@example.org .