‘Prevention is better than cure’ is one of the oldest phrases that we hear from time to time. In business when it comes to financial matters, it is important to keep records of all transactions as a precaution; be it small or a big transaction. The sole and the most important reason to perform business activities is to earn profit; increase the zeros in our bank accounts. At the same time, we want to make sure that no mistakes or problems occur while earning those hard earned dollars for IRS or anybody else to snatch it away from us. Hence we need a good record keeping system that can actually help you save money. Keeping records to maintain the progress of our business is just as important. As per the IRS, Keep records of all your Excise taxes for at least 3 years after the date the tax is due or paid, whichever is later. They must be available at all times for inspection by the IRS. When it comes to tax 2290, it is important to maintain records for the following reasons: Continue reading Why and How to Keep Records of Your Tax Documents
Reasons to E-file Your Excise Tax Return with TaxExcise.com
You are still in Stone Age if you are still paper filing your Excise Tax returns. More than 80 percent of the taxpayers file their taxes electronically. The IRS has processed more billion’s tax returns safely and securely since 1990, the Official beginning of Efiling ERA. Very few still stick with paper filing
Below are the important reasons to switch to Efiling:
- Trust Technology for Accuracy: For simple calculations we use our mobile phones or calculators these days, for accurate tax calculations it’s always recommended to Efile your tax returns. IRS will reject your Tax return or your claim for simplest of calculation mistake, which can happen mostly when you try to Paper file your Tax return.
- Safety First: E-file service provider like TaxExcise.com follows strict guidelines to provide the best in encryption technology. When logged in to TaxExcise.com you will be in a “secure session” that is established with Secure Sockets Layer (SSL) and verified by COMODO’s Global Site Certificate Technology. While connected with SSL, every transmission between your computer and our websites are encrypted with 128-bit (strong) encryption.
- Response at the drop of a hat. You receive instant acknowledgement from the IRS on a tax return that is E-filed through TaxExcise.com. If the IRS rejects your tax return, you will receive an instant notification and you can quickly correct the return and resubmit it. An e-filed claim means a three times faster refund compared to paper return.
- Various options to pay-off: While e-filing one can enjoy different payment options like EFW Electronic Funds Withdrawal from the bank account, EFTPS Electronic Federal Tax Payment System or can even opt to the traditional check or money order option.
All the above mentioned points about E-filing can be summed up to one word “SIMPLE”.
www.taxexcise.com and www.extensiontax.com serves as a one stop shop for all your excise and extension tax needs. For all your Excise and Extension tax related questions call us @ 1-866-245-3918 or write to support@taxexcise.com.
NOW E-FILE AND PAY INDOOR TANNING SERVICES EXCISE TAX WITH ANDROID APP
Many businesses offering indoor tanning services are required to collect a 10 percent excise tax on the indoor tanning services they provide. The provider must pay the excise tax to the government, quarterly, along with IRS Form 720, Quarterly Federal Excise Tax Return. The following information is designed to help indoor tanning services providers understand how to collect, file and pay the tax.
On July 1, 2010, the U.S. government instituted a new excise tax that applied only to establishments that provide indoor tanning. This additional charge, called the Indoor Tanning Services Excise Tax, is a part of the Affordable Care Act, especially to discourage the practice of indoor tanning, which has been shown to pose substantial health risks. Continue reading NOW E-FILE AND PAY INDOOR TANNING SERVICES EXCISE TAX WITH ANDROID APP
Less Than 24 hrs To File 2290 Taxes Online With TaxExcise.com
Welcome back truckers hope you are doing well. Truck Tax season for the year 2015-16 is coming an end on Monday, 31st August 2015. With that, tax filing for the period will end and if you haven’t paid your tax return, or not planning to file before Monday, you will have to deal with penalties and interest for filing late. As you delay your tax filing, the interest will keep adding on and it will be very difficult to pay it on whole. So it is better to file and report form 2290 online with ease, even during wee hours with exceptional customer support from our end to help you with anything and everything related to efiling.
Additionally, we are living in an era where everything seems to be right, but deep down, there is some mystery hidden. And to unleash the hideous mystery, you need to read through the world’s user manual to find out the authentic and real efiling service provider. However, you don’t have to run around to search for the best efile service provider since Tax2290.com is available here to serve you with the right application with the right features already developed and maintained for further use. And if you are not willing to efile through your desktop version and you are not returning home anytime sooner, we have a good news for you too. You can make use of our simple yet effective efiling mobile app available for Android and iPhone platform for free. So next time you are traveling around the city and the due date is nearing, you know what to do! Simply download our app, efile your tax return and submit it to the IRS like you always do.
Wait for a minute of two, you will receive a notification that your schedule1 copy is emailed to your email ID and if would have subscribed for Text Alert and Fax Copy, you will be receiving the same within minutes of your form submission and transition. And to make things even easier, we offer 24/7 emergency email support.
As you can tell, we are proud to say that Tax2290.com is stands as the top efile service provider, having every customer requirement in the list. And we’re leaders in the e-file industry to boot, partnered with some of the largest trucking associations and companies in the nation. If you need any help with the e-file process, then our dedicated support legends are always here for you.
All you have to do is give them a call at or send them email support@taxexcise.com for immediate support. And remember there’s only 24 hours left to e-file before penalties. So don’t delay, e-file today and leave behind the penalties and interest. We don’t want them, do you?
How Can You Safeguard Yourself And The Info Shared On Taxexcise.Com
When we talk about efiling, even today, people go bustle about it. With the internet as the strongest medium to file form 2290, the complete filing doesn’t even take more than 5 minutes of your schedule. Today, we are going to talk about the pros and cons form 2290. Before that, we would like to remind our customers about the due date running on our calendar. 31st August is the last date to file and report form 2290 without penalties. Even if you are a day late, penalties and interest would tag along, even if you have the strongest of the reasons for not reporting tax on time. Continue reading How Can You Safeguard Yourself And The Info Shared On Taxexcise.Com