Time for Quarterly Federal Excise Tax Form 720 reporting for the 4th Quarter of 2020. Make a choice this year to move towards Electronic Filing, easy way to handle tax reporting and pay taxes online. TaxExcise.com is the only website that support electronic filing for the Excise Tax Returns reported on IRS Tax Form 720. New Deadline is February 1, 2021 (Jan 31 falls on a weekend, so the next business day falls the automatic due date)
Happy New Year from ThinkTrade Inc, that owns and operates TaxExcise.com! For businesses across America, 2020 was one of the most challenging years in history. Hope 2021 would be an year of new hope and opportunities that can help you start, grow, expand, or recover your business.
Despite the coronavirus pandemic, business owners have been resilient, pivoting, and adapting their business models to navigate continually changing conditions. With the new year on the horizon, there are potential new opportunities to take advantage of and ways to adapt to the challenges. ThinkTrade Inc. is working through the tax software’s to help you cross the tax barriers to an extend. Let us collaborate and work towards a better 2021 for everyone of us.
ThinkTrade Inc. is a federal tax preparation software development company for small businesses, accountants and individuals. The company is headquartered in Brentwood, Tennessee. An IRS authorized electronic filing service provider since 2007. A BBB accredited company with A+ rating since 2010.
ThinkTrade Inc. Owns and Operates TaxExcise.com and Tax2290.com, the most preferred Truck Tax eFile website, most experienced and the 1st IRS authorized eFile provider.
The online web tax product www.TaxExcise.com, is the first of its kind tax preparation application for truckers, owner operators and trucking business owners across America to report and pay Federal Vehicle Use Tax Form 2290 also referred as Heavy Highway Vehicle Use Tax (HVUT) with the IRS. The Quarterly Federal Excise Tax returns can be prepared and reported using Form 720 through www.TaxExcise.com, this is the only web product to report and pay the Quarterly Federal Excise Tax returns online. The Excise Tax refund claims can be made using Form 8849 from our web products.
Federal Excise Tax consists of 3 major Tax Forms such us:
Form 720 — Quarterly Federal Excise Tax Return | www.Tax720.com
Form 2290 — Federal Vehicle Use Tax Return | www.Tax2290.com
Form 8849 — Claim for Refund of Excise Taxes | www.Tax8849.com
The Quarterly Federal Excise Tax Form 720 deadlines for the 2nd Quarter of 2020 is July 31, 2020 and just couple of more days to go. All the businesses that has collected excise taxes through the services offered or goods sold has to be reported and paid in Form 720 by July 31. Electronic filing can keep your tax deadline straight and on-time. You can do it by yourself in 3 simple steps at http://TaxExcise.com.
Continue reading What’s new in the Federal Excise Tax Form 720? 
