Form 720 is a quarterly excise tax return that some; businesses must file with the Internal Revenue Service. According to the IRS, “Excise taxes are taxes paid when purchases are made on a specific goods, such as gasoline. Excise taxes are often included in the price of the product” If you accrue excise taxes in the course of doing business, you should know the rules on filing 720 taxes.
Who Must File Continue reading Form 720, Quarterly Excise Tax Return for 1st Quarter of 2019 is due NOW!
ThinkTrade Inc is authorized and certified by IRS to offer e-filing services for federal excise and extension taxes. There are various Tax Forms, Supported by ThinkTrade Inc under the banner of www.taxexcise.com / www.ExtensionTax.com / www.tax2290.com . One can say for sure that there are no months without some or the other tax deadline. Right now we are in the month of April and we know that there is a huge list of tax Forms that are due this month.
Below are the lists of Tax Forms that are due this Month, than can be filed through ThinkTrade Inc’s Line of Applications: Continue reading List of ThinkTrade Inc.’s Tax Filing Services – You Need This Month!
The Preparer Tax Identification Number (PTIN) is an identification number that all paid tax return preparers must use on U.S. federal tax returns or claims for refund submitted to the Internal Revenue Service (IRS).
Generally all PTINs expire on December 31 of each year. PTIN renewal open season begins approximately October 16 each year for the following year. You can renew online by logging into your PTIN account or by submitting a paper Form W-12 with the “Renewal” box checked and Send Form W-12 and supporting documentation to:
IRS Tax Pro PTIN Processing Centre
1605 George Dieter PMB 678
El Paso TX 79936
However online renewal takes about 15 minutes, but paper renewals take 4-6 weeks to process.
The Internal Revenue Service has currently begun processing renewals for Preparer tax identification number (PTIN). The Federal law states that anyone who prepares a federal tax return for a fee must possess an active PTIN. Failing to renew your PTIN might end up being prone to facing high penalties. Generally PTIN renewal services are offered at no cost.
For Preparers who come across the term PTIN for the First Time:
Did you just turned out to be an accountant or a tax Preparer, are you wondering what are the basic requirements to obtain a PTIN? Here’s the answer. As per the Federal law every individual who, for compensation, prepares or assists in the preparation of a tax return or claim for refund must have his or her own PTIN and each tax return preparer may only obtain one PTIN.
Should you have questions regarding the PTIN renewal process or If, you encounter any issues you can contact the PTIN Helpline at 877-613-7846.
“The dead rise again, bats fly, terror strikes and screams echo, for tonight it’s Halloween”
Halloween is not only meant for Kids. Kids have their own way of celebrating Halloween and we as THE FIRST EVER & THE ONLY DECADE OLD IRS Authorized E-file Service Provider For E-filing Heavy Highway Vehicle Use tax (HVUT) Form 2290, would like to Wish Every Single Excise tax payer a very happy Halloween. We would also like to alert every single user about the three Tax Deadlines that falls on the Halloween Day
Taxes that are due tomorrow: Continue reading Three Tax Deadlines are ready to haunt you this Halloween!
I hate paying taxes. But I love the civilization they give me – Oliver Holmes
Form 720 is a quarterly excise tax return that some; businesses must file with the Internal Revenue Service. According to the IRS, “Excise taxes are taxes paid when purchases are made on a specific goods, such as gasoline. Excise taxes are often included in the price of the product” If you accrue excise taxes in the course of doing business, you should know the rules on filing 720 taxes.
Who? Continue reading Quarterly Excise Tax Form 720 for 3rd Quarter of 2018 is due NOW!
