The Indoor Tanning service providers are charged with 10% of excise tax for the tanning service they offer. One of the first revenue provisions in the Affordable Care Act to be implemented was the indoor tanning services excise tax, which went into effect on July 1, 2010. The provision applies to almost all businesses that operate ultraviolet tanning lamps, which are required to collect a 10-percent tax on all sales of tanning services.
IRS Tax Form 720 – 2nd Quarter Return is Due now by July 31. eFile it at TaxExcise.com, the only website to eFile Federal Excise Tax Returns wit the IRS.
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Electronic Filing for Federal Excise Taxes
The foremost is IRS could receive your returns and process it faster than any other way of filing. Choosing online filing or electronic filing eliminated all possible human errors that could happen in a tax return. Let see some of the larger benefits of e-filing Form 720 returns.
Faster Processing – e-filed returns are processed much faster than paper filed returns.
Convenience – available online 24 hours a day, 7 days a week.
Ease of use – user friendly, with step-by-step instructions and clear screens indicators to walk you through the filing process. E-file is a cake-walk
Greater Accuracy in Processing – accurate tax calculation based on the entries you make and will not sent an incomplete return to IRS.
Pay Right – while you e-file you pay the tax that you owe not extra or less.
Electronic Payment – convenience of direct withdrawal of tax due and EFTPS option to make payments.
Less Hassle, No Mails – no mailing of paper returns and waiting for mails for weeks, everything is managed electronically and digitally.
Security – safer than mailing your tax return and sent right to the IRS server no more data loss.
Avoid paying extra – when you e-file you can make sure your return reaches them well in the time frame no late penalties or late filing charges.
No more typos – while you e-file you won’t get typos such us 1 for I or 0 for o etc.
Electronic filing is by and large the best way of reporting Quarterly Federal Excise Tax Form 720 returns with the IRS and get the best available resources. The most trusted and top rated website since 2007.
3 Simple Steps to complete your Quarterly Federal Excise Tax Form 720. Sign Up Now!
If your business deals in goods and services that are subject to excise tax—like air transportation, indoor tanning service, PCORI, fishing equipment, or gasoline—then you’ll have to complete IRS Form 720. Form 720 must be filed with the IRS on a quarterly basis in order for your business to report and pay your federal excise tax liability.
Although many business owners still prefer to work on paper, you may be able to save yourself both time and hassle by utilizing the IRS’s e-file program. Completing the form electronically will save you money on paper and stamps—plus, you won’t be relying on your mailing system to make sure you meet your deadline.
We’re so excited to celebrate our Independence day on July 4th, It’s when we celebrate our nation’s mythology with a day off, a backyard barbecue, and plenty of fireworks. We’re on for the celebrations and time for us to give it back to the #Truckers out there in road, who is making these celebrations possible with a Flat 10% off on the 2290 efile preparation fee. Teat yourself by applying the code “FREEDOM”, valid till 7th July.
July 4th holiday travel
A record-breaking number of Americans, 48.9 million, are expected to travel for Independence Day in 2019, including a record of 41.4 million people who will drive for their holiday getaways, AAA reports. A planned travel itinerary could give you more time with loved ones instead of stuck in traffic.
Overall travel volume for the holiday is expected to rise 4.1% over last year, with an additional 1.9 million people planning road trips and other vacations to celebrate America’s birthday. July 3 is expected to be the busiest day for people hitting the road, according to INRIX, a global mobility analytics company. The greatest coverage and intensity of thunderstorms is expected between 3 and 9 p.m. across this swath of the central United States; however, there could be storms before and after that time frame.
Independence Day holiday travel, by mode
Automobiles: The vast majority of travelers – 41.4 million – will hit the road, the most on record for the holiday and 4.3% more than last year.
Planes: 3.96 million people will take to the skies, the highest number on record and 5.3% more than last year.
Trains, Buses and Cruise Ships: Travel across these sectors will increase by 0.6% to 3.55 million passengers.
Be prepared and plan your holidays accordingly, wish you a happy 4th of July and Independence day to the truckers out on the road. Never miss another opportunity to save during this holiday week. Happy and Safe Trucking to all…!
Time and Tide waits for none! Very old saying but suits every situation especially when it comes to Taxes. April is not only the Month to file and Pay your Personal Income taxes but has few other deadlines as well. Continue reading Tuesday April 30th: Due Date to File Three Taxes!→
