So filers, how are you doing today. Here’s the quick reminder about the due date for excise tax that falls on 31st October 2014. The third quarter due date for this Quarterly Federal Excise Tax Return is round the corner. Ensure you file your return on or before the due date or penalties would tag along. Continue reading The Best Payment Methods Used While Efiling Tax Returns Online
Category Archives: Federal Excise Tax Electronic Filing
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
Tax Excise Was Due by 31st July 2014
The due date for Excise tax has reached our calendar and it’s our duty to pay the dues on time. Paying respect is what we deal with, irrespective of the business you own. Excise tax is paid by businesses and companies who are directly involved in buying and selling of products. The tax is included in the MRP, thus the customer does not have to pay any taxes. However, form 720 is also known as Quarterly Quarterly Federal Excise Tax Return, which is filed quarterly. Also, do note, there are no extensions available for filing form 720 and this means every taxpayer have to file their return on or before the due date in order to avoid penalties. Continue reading Tax Excise Was Due by 31st July 2014
Tax Season Has Dropped In, File Form 2290 Today!
Filing taxes is more than an obligation and that includes filing form 2290 on Tax2290.com. Yes, you read it right. IRS has been accepting form 2290 online and through paper since July 1st and it is your turn to file HVUT through the preferred medium anytime before August end if you are yet to file. However, it is always preferable to file few weeks before the due date as you get some time handy just in case if IRS rejects your return. The grace time in hand would do a big favor to you. Continue reading Tax Season Has Dropped In, File Form 2290 Today!
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