Form 720 is a quarterly excise tax return that some; businesses must file with the Internal Revenue Service. According to the IRS, “Excise taxes are taxes paid when purchases are made on a specific goods, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks.” If you accrue excise taxes in the course of doing business, you should know the rules on filing 720 taxes.
Who Must File Continue reading Form 720, Quarterly Excise Tax Return for 4th Quarter of 2016 is due NOW!
There’s a pumpkin on my stoop & I can see a black cat by my window. A ghost and a witch roam around on my lawn. All these are to notify me that Halloween is right around the corner and Our Halloween will neither start nor end on a happy note without wishing Every Single Tax Payer out there, so dear brothers & sisters, Wish You All a Very Happy Halloween.
The Strongest fact about time is that “IT CHANGES”, it does not stay put for anyone. I will hit the gym tomorrow said all those obese people out there and never did. Procrastinating important things in life is very easy but, consequences faced due to the pinch of laziness we add to our schedule has devastating setbacks attached to it. Statistics says that people postpone things that are less frequently done.