Welcome to our blog taxpayers. After a long weekend, we are right here with new information in our tow. Well, we would like to remind you that Quarterly Federal Excise Tax Return via form 720 is due for the first quarter. So filers, gear up with your documents and efile your excise tax return. You will save much time and energy. Continue reading EFile Your Quarterly Excise Tax Return Form 720 by 30th April 2014
Category Archives: Tax Excise Users Alert
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
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)
Know the Differences between Excise Tax and City Tax
The Internal Revenue Service collects taxes every quarter for selling of specific commodities such as gasoline. Besides, there being excise taxes individuals in the U.S have to file city taxes to report their income or property. Although, most individuals and businesses would be aware of the differences between the two tax returns but, those filing either of the taxes for the first need to have a clear understanding of both the taxes to make the filing process smooth. Additionally, e filing is better than paper filing, as this saves time also adding ease. Read below to learn how both the taxes are different. Continue reading Know the Differences between Excise Tax and City Tax
History about Federal Excise Taxes- Known And Unknown
Taxes are the major way for the government to make money. Federal excise taxes are imposed on the purchase and sale of goods such gasoline including truck owners and operators handling the trucking business. If you own a business in the U.S and responsible to file any of the federal excise taxes listed on the Part I or II in IRS form 720, then you must file every quarter and before the time expires. Filing excise tax in the US has an interesting history and reading this blog will provide you an insight into the trend for filing excise tax in the U.S have an interesting history and reading this blog will provide brief insight into the evolution of the Federal excise tax. Continue reading History about Federal Excise Taxes- Known And Unknown