Excise taxpayers you don’t have much time left to complete your 2nd Quarter Form 720 – Quarterly Excise Tax returns with the IRS. It is Due this August 2, 2021 Monday. Usually it falls due on July 31 and this year it was a weekend and the due date moved to the next business working day.
The Federal Excise taxes are paid on the service offered or goods sold that was included with a excise tax and reported in the IRS tax form 720. Electronic Filing is easy, fast and convenient; join millions of taxpayers enjoying the convenience and ease of online filing, immediate acknowledgement of receipt and faster service.
Experience the best way to report and pay your Federal Excise Tax Returns with the IRS. Going Digital means Easier Bookkeeping, time to move on with digital tax solutions to handle your business priorities.
PCORI Fee (Patient-Centered Outcomes Research Institute)
PCORI fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). These fees are due each year by July 31 of the year following the last day of the plan year. For plan years ending in 2020, the PCORI fees are due by Aug. 2, 2021 (since July 31, 2021, is a Saturday).
The Quarterly Federal Excise Taxes reported in IRS Tax Form 720 is now due for the 2nd Quarter 2021, choose electronic filing and report the tax returns online in 3 simple steps. Electronic filing is fast and easy, accurate filing guaranteed, receive instant acceptance from the IRS. TaxExcise.com is the top rated website to report and pay the Quarterly Excise Tax returns with the IRS. The only website that supports electronic filing at an affordable rate, Zero Liability 720 return pricing starts at $29.99.
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.
Tax Season for Form 2290 has officially begun. This year the IRS is expected to receive a large volume of returns and Electronically submitting your 2290 is the most easiest and convenient way of having your returns completed. Priority electronic filing ensures you report your taxes right and receive your Schedule 1 proof copies instantly.
We at www.taxexcise.com/ www.tax2290.com would also like to keep you keep you reminded on all the other forms that are due this month:
