The Internal Revenue Service collects taxes every quarter for selling of specific commodities such as gasoline. Besides, there being excise taxes individuals in the U.S have to file city taxes to report their income or property. Although, most individuals and businesses would be aware of the differences between the two tax returns but, those filing either of the taxes for the first need to have a clear understanding of both the taxes to make the filing process smooth. Additionally, e filing is better than paper filing, as this saves time also adding ease. Read below to learn how both the taxes are different. Continue reading Know the Differences between Excise Tax and City Tax →