Hello taxpayers! The final date to report the quarterly federal excise tax Form 720 for the fourth quarter of 2024 and pro-rated Form 2290 HVUT returns for December 2024 used heavy vehicles is January 31, 2025. With the deadline approaching in a week, taxpayers must ensure they file their respective tax returns on time to stay compliant and avoid IRS penalties. Therefore, choose TaxExcise.com to E-file Form 720 or Form 2290 pro-rated tax returns in an efficient way to meet the tax obligations before the due date.

File Your Fourth Quarter Federal Excise Taxes with Form 720.

The federal government imposes quarterly excise taxes on certain goods and services, requiring businesses, owners, dealers, and importers to report and pay taxes using IRS Form 720. If you are liable for excise taxes, you must identify the applicable category or line item in Form 720 and report your taxes accordingly. The fourth quarter deadline marks the final reporting period of the tax year, making it crucial for businesses to meet their filing obligations on time. With January 31, 2025, right around the corner, ensure you E-file your Form 720 to avoid unnecessary stress and IRS penalties. E-filing Form 720 at TaxExcise.com provides a seamless, hassle-free experience, ensuring you submit your returns accurately and promptly.

E-file Pro-rated Form 2290 for December 2024 Used Vehicles.

Truckers and trucking taxpayers must also take note that January 31, 2025, is the deadline to report and pay pro-rated Form 2290 truck taxes for vehicles that were first used in December 2024. If you recently purchased a heavy vehicle and began using it in December, you must file Form 2290 on a pro-rated basis, covering the period from December 2024 through June 2025. Filing Form 2290 on time assures you receive your IRS-stamped Schedule 1 copy, a mandatory document required for vehicle registration and compliance. Instead of dealing with the hassle of paper filing, E-file Form 2290 through TaxExcise.com and get your Schedule 1 copy instantly to your registered email address.

IFTA Deadline Also Falls on the Same Date.

January 31, 2025, also marks the last date to report IFTA returns for the fourth quarter. IFTA taxpayers can use TaxExcise.com to prepare IFTA tax returns easily and accurately. Since there is no way to E-file IFTA online, you can download the ‘Ready to File’ report once you’ve done with the preparation, print and file in your base jurisdiction.

Why Choose TaxExcise.com for E-filing?

TaxExcise.com is an IRS-approved modernized tax e-filing service platform that simplifies tax reporting for businesses and truckers. The complexity of filing Form 720 has been greatly simplified in our platform. You choose your category from the menu and begin preparing your tax reports without any confusion. The same applies to preparing Form 2290 HVUT tax reports. Even if you E-file Form 2290 for a single vehicle or an entire fleet of heavy vehicles, you can do it smoothly and accurately on TaxExcise.com. Once done with your tax reports, you can validate them and transmit them to the IRS directly. Once submitted, the IRS will process your tax reports at the earliest and send the acknowledgment, like a Schedule 1 copy, to your email address. You can use IRS-approved online tax payment methods to pay your taxes in a highly secure network.

With just a few days left, now is the time to E-file your Form 720 and Form 2290 to avoid IRS penalties and ensure compliance. Visit TaxExcise.com today and complete your filing in just a few minutes. Stay compliant, avoid last-minute stress, and keep your business running smoothly. For more details about tax forms e-filing, Contact our customer support team at +1 – 866 – 245 – 3918 (toll-free). They are available from 8 AM to 6 PM EST on all business days. Also, you can write an email to us at support@taxexcise.com. We will reply promptly.