The Indoor Tanning service providers are charged with 10% of excise tax for the tanning service they offer. One of the first revenue provisions in the Affordable Care Act to be implemented was the indoor tanning services excise tax, which went into effect on July 1, 2010. The provision applies to almost all businesses that operate ultraviolet tanning lamps, which are required to collect a 10-percent tax on all sales of tanning services.
IRS Tax Form 720 – 2nd Quarter Return is Due now by July 31. eFile it at TaxExcise.com, the only website to eFile Federal Excise Tax Returns wit the IRS.
TaxExcise.com has better ways to handle your Federal Excise Tax filing worries, being an expert and the most experience e-file service provider for all Federal Excise Tax Forms since 2007 we have the e-filing advantages and know your expectations. More over we’re the 1st IRS Authorized e-file service provider for all excise tax forms. More to add and they are;
An excellent combination of comfort and expertise accessible from your home or office, desktop computer or tablet devices or from your smart phones
Dedicated tax expert who will work hard to take care of your filing and guarantee 100% accuracy as well as your satisfaction with his work.
Email or Chat or Call, we have experts to handle it with care. You’re with the most trusted e-file website since 2007 and rated top “the market leader” by your fellow truckers.
Secured and Safe tax filing services from a renowned Tax e-filing company. 100% secure by Thawte SSL with encryption measures built in and an assurance about confidentiality of your personal information through McAfee Secure.
Anytime, anywhere access to your tax information and documents. This includes access to your Federal Excise Tax Returns, Schedule -1 copies, year-round assistance.
Electronic Filing for Federal Excise Taxes
The foremost is IRS could receive your returns and process it faster than any other way of filing. Choosing online filing or electronic filing eliminated all possible human errors that could happen in a tax return. Let see some of the larger benefits of e-filing Form 720 returns.
Faster Processing – e-filed returns are processed much faster than paper filed returns.
Convenience – available online 24 hours a day, 7 days a week.
Ease of use – user friendly, with step-by-step instructions and clear screens indicators to walk you through the filing process. E-file is a cake-walk
Greater Accuracy in Processing – accurate tax calculation based on the entries you make and will not sent an incomplete return to IRS.
Pay Right – while you e-file you pay the tax that you owe not extra or less.
Electronic Payment – convenience of direct withdrawal of tax due and EFTPS option to make payments.
Less Hassle, No Mails – no mailing of paper returns and waiting for mails for weeks, everything is managed electronically and digitally.
Security – safer than mailing your tax return and sent right to the IRS server no more data loss.
Avoid paying extra – when you e-file you can make sure your return reaches them well in the time frame no late penalties or late filing charges.
No more typos – while you e-file you won’t get typos such us 1 for I or 0 for o etc.
Electronic filing is by and large the best way of reporting Quarterly Federal Excise Tax Form 720 returns with the IRS and get the best available resources. The most trusted and top rated website since 2007.
3 Simple Steps to complete your Quarterly Federal Excise Tax Form 720. Sign Up Now!
The IRS Tax Form 720 is used to report and pay the Federal Excise tax returns with the IRS. Taxes are filed year on year, quarter to quarter; yes, another year, another tax return. We inch closer to the 2nd quarter filing deadline, July 31 is the last date to get it reported with the IRS.
IRS Tax Form 720 – Federal Excise Tax Reporting
Many of the business taxpayers who deal with specific goods or services that are manufactured in or imported into the U.S. incur Excise Taxes which is often included in the price of the product, like gasoline or alcohol, so you might not even realize you’re paying them. Let us redefine some of the general question exactly what is Form 720? What is an excise tax? Well before starting with Form 720, let us know that IRS Form 720 consists of three parts, as well as Schedule A, Schedule T, and Schedule C sections and a payment voucher (called Form 720-V). If your business is responsible for completing Form 720, you must do so quarterly and can file electronically or by mail. Payments for excise taxes, however, are required on a semimonthly basis and should be made by electronic funds transfer.
If your business deals in goods and services that are subject to excise tax—like air transportation, indoor tanning service, PCORI, fishing equipment, or gasoline—then you’ll have to complete IRS Form 720. Form 720 must be filed with the IRS on a quarterly basis in order for your business to report and pay your federal excise tax liability.
Although many business owners still prefer to work on paper, you may be able to save yourself both time and hassle by utilizing the IRS’s e-file program. Completing the form electronically will save you money on paper and stamps—plus, you won’t be relying on your mailing system to make sure you meet your deadline.
We’re so excited to celebrate our Independence day on July 4th, It’s when we celebrate our nation’s mythology with a day off, a backyard barbecue, and plenty of fireworks. We’re on for the celebrations and time for us to give it back to the #Truckers out there in road, who is making these celebrations possible with a Flat 10% off on the 2290 efile preparation fee. Teat yourself by applying the code “FREEDOM”, valid till 7th July.
July 4th holiday travel
A record-breaking number of Americans, 48.9 million, are expected to travel for Independence Day in 2019, including a record of 41.4 million people who will drive for their holiday getaways, AAA reports. A planned travel itinerary could give you more time with loved ones instead of stuck in traffic.
Overall travel volume for the holiday is expected to rise 4.1% over last year, with an additional 1.9 million people planning road trips and other vacations to celebrate America’s birthday. July 3 is expected to be the busiest day for people hitting the road, according to INRIX, a global mobility analytics company. The greatest coverage and intensity of thunderstorms is expected between 3 and 9 p.m. across this swath of the central United States; however, there could be storms before and after that time frame.
Independence Day holiday travel, by mode
Automobiles: The vast majority of travelers – 41.4 million – will hit the road, the most on record for the holiday and 4.3% more than last year.
Planes: 3.96 million people will take to the skies, the highest number on record and 5.3% more than last year.
Trains, Buses and Cruise Ships: Travel across these sectors will increase by 0.6% to 3.55 million passengers.
Be prepared and plan your holidays accordingly, wish you a happy 4th of July and Independence day to the truckers out on the road. Never miss another opportunity to save during this holiday week. Happy and Safe Trucking to all…!
