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!
Form 720 Q2 is due by July 31st 2014
Welcome back to our blog. It’s been a very long time, and we are glad you are still around. However, today we have made our presence for a purpose. July 31st is the due date to file Quarterly Federal Excise Tax Return online with TaxExcise.com in order to leave behind the penalties. Continue reading Form 720 Q2 is due by July 31st 2014
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
Environmental Tax And Communication Tax- A Brief Explanation
Welcome tax filers. It’s been a long time since we posted a blog on Excise Tax. However, today we thought it’s high time to get going with your thinking caps and simply shrink ourselves in excise tax. In addition, that seems to be an advantage to you. Today, we are going to speak about Part-I in form 720 covering each detail that would help you in efiling form 720 online next month i.e. July 31st 2014. Also, we are dividing the part-1 into various blogs, which can allow you to understand the form much better. Continue reading Environmental Tax And Communication Tax- A Brief Explanation