Tag Archives: excise tax

Q4 Excise Tax For 2014 is Due By January 31st 2015

Welcome to our blog. We are glad you made your way to our blog. Today, we are here with reminders and updates. January 31st stands as the due date to file Quarterly Federal Excise Tax Return online with TaxExcise.com in order to leave behind the penalties.

Wondering if you have to file form 720 and pay excise tax? We are here to tell you. Keep reading to know more: Continue reading Q4 Excise Tax For 2014 is Due By January 31st 2015

Excise Tax Form 720- Introduction

So filers, how are you doing? Last few weeks we were talking about form 2290 as the tax season had arrived in our calendar. However, the tax season is over and here we are in form. And that reminds us to talk about form 720, which are levied on specific goods and paid by consumers when the products are purchased. Form 720 is also known as a Quarterly Federal Excise Tax Return. Continue reading Excise Tax Form 720- Introduction

Air Transportation Taxes- Form 720 Excise Tax

Welcome back filers, last week we discussed about Environmental and Communication Tax, today our topic of discussion is Air Transportation Tax that is included in Part-I in excise tax. The tax included in the list is percentage tax and domestic segment tax. To get the total tax on transportation of people by air, you need to add the percentage and domestic segment tax. Continue reading Air Transportation Taxes- Form 720 Excise Tax

All You Need To Know About Form 720

Greetings from Taxexcise.com, we are proud to share some good moments with our fan followers online. Despite of having tedious schedules, you take out time to read and acknowledge our blogs, we really do appreciate that. Today, we would throw light on Form 720, Quarterly Excise Tax Return. According to IRS, Excise Taxes are paid when the purchaser buy goods like gasoline. These excise taxes are included in the price of the product, and chargeable on activities like wagering or on highway usage by trucks. Make a note, if you accrue excise taxes in the course of doing business; you should be well aware of the rules on filing form 720 excise tax. Continue reading All You Need To Know About Form 720