Category Archives: Electronic Filing or E-filing

Form 720 Q1, IFTA, and Form 2290 are due today; Efile now!

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The deadline for Quarterly Federal Excise form 720 First quarter, IFTA first quarter, and Form 2290 pro-rated truck tax for the heavy vehicles first used in March is today! So, taxpayers need to file and report these taxes today to avoid penalties, interests, and late charges. And E-filing is the best and most effective way to report and pay the taxes directly to the IRS at the last minute without any hurdles.  

E-file your Federal Excise Taxes at TaxExcise.com! 

TaxExcise.com is the IRS-approved modern e-filing service provider, especially for federal excise taxes. We offer one-stop solutions to e-file all the federal excise tax form 720, HVUT form 2290, and refund claims form 8849 with all its schedules and IFTA tax preparation. You can e-file your federal excise taxes effectively at TaxExcise.com at economical prices. We offer this much-needed service at a very pocket-friendly price. All the taxpayers can use TaxExcise.com to e-file and report their federal excise taxes to the IRS easily to save a lot of time and money.   Continue reading Form 720 Q1, IFTA, and Form 2290 are due today; Efile now!

Tax Time Guide: Electronic tax payment and agreement options available to taxpayers who owe

The Internal Revenue Service on March 22, 2022 through the Issue Number: IR-2022-63 reminded taxpayers who have a tax bill that there are several ways to make payments, and there are options for many people who can’t pay their tax bill in full by April tax deadline.

The deadline to submit 2021 tax returns or an extension to file and pay tax owed this year falls on April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia. Taxpayers in Maine or Massachusetts have until April 19, 2022, to file their returns due to the Patriots’ Day holiday in those states. Some taxpayers who were victims of a natural disaster have even longer to file their returns.

April 18, 2022 is also the deadline for Extension Taxfilers, the IRS grants 6-months of automatic extension of time. C-Corps and Personal Taxfilers have to report Form 7004 and Form 4868 to receive the extension of time to report the tax returns. At https://ExtensionTax.com we support electronic filing for all the Federal Extension Tax returns. 

Tax Extension Electronic Filing  2022

Continue reading Tax Time Guide: Electronic tax payment and agreement options available to taxpayers who owe

Reminder! Form 2290 due for vehicles first used in June 2021, E-file now!

As per the existing IRS norms and regulations, the HVUT Form 2290 for any new vehicles is due by the last day of the month following the month the vehicle was first used on state or public highways. Any vehicle which was first used in the month of June 2021 is due for renewal before the end of July 2021. And if the vehicle is Taxable you will be paying a Pro-Rated tax amount only for the month of June and if motor vehicle does not exceed mileage 5,000 miles or less (7,500 miles or less for agricultural vehicles) it is considered exempt from tax.

The Mileage use limit means you expect the vehicle to be used less than 5,000 miles or less (7,500 miles or less for agricultural vehicles). Generally most vehicles used for farming or agriculture are considered to be tax exempt. These units can be reported under Suspended/Tax exempt category. E-Filing is not that hard to accomplish, you can have your return completed within a few minutes and also receive an email with the Watermarked copy of your Schedule 1.

We at TaxExcise.com would also like to keep you informed that the IRS Form 2290 for Heavy Vehicle Use Taxes (HVUT) must be renewed annually for tax year 2021 – 2022 by August 31st.

Being the first IRS authorised service provider we have gained much needed trust and experience in customer service we ensure to keep assisting you throughout the week. On the road and no access to the internet, look no further we’ve got you covered. Our Tax Experts can be reached on our toll free number @ 866-245-3918 between 8:00 AM to 6:00 PM Central Time or you can email us about any questions or concerns to support@taxexcise.com for added support do also try out our LIVE CHAT option which is always available on the website 24/7.

Burn some rubber, keep trucking and Stay safe.

TO AVOID PENALTIES, THE DEADLINE REMINDER ON TAXEXCISE FOR FILING YOUR FEDERAL EXCISE TAX RETURN ELECTRONICALLY FOR THE FIRST QUARTER 2021 IS APRIL 30, 2021.

Are you unsure if you need to file Form 720 and pay the excise tax? We’ve come to inform you just that. If you own a company and sell goods and services that are listed on Form 720, The fee, on the other hand, is found in the items that consumers buy, such as fuel for your vehicle or plane tickets. Businesses that deal with these goods and services are responsible for paying the bill. Excise tax is paid on a quarterly basis, and the first installment is due by the end of this month, so you must pay taxes on or before April 30, 2021. This is a reminder to excise taxpayers to log in and efile form 720 (Excise Tax) and report their returns electronically on www.TaxExcise.com as quickly as possible.

Continue reading TO AVOID PENALTIES, THE DEADLINE REMINDER ON TAXEXCISE FOR FILING YOUR FEDERAL EXCISE TAX RETURN ELECTRONICALLY FOR THE FIRST QUARTER 2021 IS APRIL 30, 2021.

With less than a month before the deadline, E-file Forms 720 and 2290 before April 30, 2021.

As the FIRST IRS AUTHORIZED & ONLY DECADE OLD E-file Service Provider for E-filing, it is our duty to alert all excise taxpayers of the upcoming deadline. Form 720, Quarterly Federal Excise Tax Reporting, to be sent by the end of the calendar quarter. Form 720 is filed quarterly to record taxes levied on the manufacturing, distribution, or use of a certain class of goods and materials, with the first quarter deadline falling on April 30th, 2021. We’re halfway through April, which means we’re approaching the Due Date for the first quarter of 2021. Walking to the local IRS office or mailing the paper-filled Form 720 in this short time period is the slowest way of filing form 720 and you can foresee a delay in getting the filings acknowledged and if the date is skipped or filed late, you will have to incur penalties.

Keep in mind that even though you have no sales to record, you must also file a Form 720 by choosing the alternative for a Zero Return (Zero Tax Liability). This is to notify the IRS that you have no Excise taxes to declare for the year.

Continue reading With less than a month before the deadline, E-file Forms 720 and 2290 before April 30, 2021.