Category Archives: Tax Excise Users Alert

Excise Tax Form 720- Introduction

So filers, how are you doing? Last few weeks we were talking about form 2290 as the tax season had arrived in our calendar. However, the tax season is over and here we are in form. And that reminds us to talk about form 720, which are levied on specific goods and paid by consumers when the products are purchased. Form 720 is also known as a Quarterly Federal Excise Tax Return. Continue reading Excise Tax Form 720- Introduction

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

File Form 720- The Quarterly Federal Excise Tax Return Online

This month seems to be easy going with no more due dates and submissions. Liberal air is flowing around. Taking all the advantage, we decided to have a warm up session first about our form 720 and how well TaxExcise.com can fit in. anyways, the due date is still far from your reach, it is good to maintain good terms with your documents. Continue reading File Form 720- The Quarterly Federal Excise Tax Return Online