All posts by Tax Expert

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

Efile Your Excise Tax Claims Through Form 8849

Hello Tax payers, we hope you are pink of health. Quarterly Excise Tax reported through Form 720 is due by next month, it is good to gear up with your documents. Simply log into TaxExcise.com and file your return at your own convenience.

Leaving reminders aside, today we would be discussing about Form 8849, An Application for claims and refunds of Excise Tax. As you know there are various schedules under Form 8849, we would like to throw some light on the schedules & their purpose. So keep reading to know more about Form 8849. Continue reading Efile Your Excise Tax Claims Through Form 8849

Frequently Asked Questions on Medical Device Excise Tax (Part-II)

Greetings from Taxexcise.com, in our previous blog we discussed about the Frequently Asked Questions raised by our Medical Device Excise Tax Filers and here, we are posting the second set of questions for your understanding.

Keep reading to enrich your knowledge about Medical Device Excise tax Continue reading Frequently Asked Questions on Medical Device Excise Tax (Part-II)

Frequently Asked Questions on Medical Device Excise Tax

Hello Taxpayers, hope you’re fit and fine. However, today we would be providing you information on Medical Device taxes, which was developed the final regulation with the consultation of technical experts at the Food and Drug Administration (FDA) and the Centers for Medicare and Medicaid Services after taking a deep insight on the public comments.

The IRS developed the final regulations in consultation with technical experts at the Food and Drug Administration (FDA) and the Centers for Medicare and Medicaid Services, and after carefully reviewing numerous public comments. Continue reading Frequently Asked Questions on Medical Device Excise Tax

What is IRS Form 8849 Schedule 1? Read it here!

Heya! We’re back with a bang, lot more to share and update our knowledge with. This time it’s not going to be the same old dedication to our audience and bore you all. We decided to take a chance and discuss about Form 8849 and its schedules falling in the category. We hope this interests you.

A week back, we had posted a blog “What Is an IRS Form 8849 Schedule 3?” and today, we would like to share more about IRS form 8849 schedule-1. Continue reading What is IRS Form 8849 Schedule 1? Read it here!