As the second quarter of the year wraps up, businesses and tax professionals must gear up for an important IRS deadline: Form 720 – Quarterly Federal Excise Tax Return is due by July 31, 2025. In addition, if your business or organization sponsors certain self-insured health plans, you’re also required to report and pay the PCORI fee by the same date — using Form 720.
At TaxExcise.com, we’re here to make the process faster, easier, and completely IRS-compliant.
What Is IRS Form 720?
Form 720 is the IRS’s official form used to report and pay federal excise taxes. These taxes apply to a wide range of goods and services including:
- Environmental taxes
- Communications and air transportation
- Fuel taxes
- Retail taxes (like indoor tanning services)
- Manufacturer’s taxes
- PCORI fees (annually in Q2)
If your business falls under any of these categories, you’re required to file Form 720 quarterly — and Q2 (April to June) filings are due July 31, 2025.
What Is the PCORI Fee?
The Patient-Centered Outcomes Research Institute (PCORI) fee is an annual tax imposed on issuers of specified health insurance policies and plan sponsors of certain self-insured health plans.
For Plan Years Ending in 2024:
If your self-insured health plan ended between January 1 and September 30, 2024, you’re required to:
• Report the PCORI fee on Form 720
• File and pay by July 31, 2025
Need help calculating your PCORI fee? TaxExcise.com guides you Step-by-step during e-filing.
Why E-File Form 720 with TaxExcise.com?
TaxExcise.com is the first IRS-authorized e-file provider for Form 720 — helping thousands of businesses stay compliant with IRS excise tax regulations since 2007.
Here’s why businesses trust us:
- Fast and Easy Online Filing
- PCORI Fee Reporting Supported
- Instant IRS Acknowledgement
- Built-in Error Check – Reduce rejections
- Access from Anywhere – File 24/7
- Dedicated U.S.-Based Support
Whether you’re filing for a single quarter or reporting multiple tax types — we simplify it for you
Key Deadline: July 31, 2025
Don’t miss it. Penalties for late filing or non-payment can add up quickly.
Start e-filing Form 720 now at www.TaxExcise.com
It takes just a few minutes — and keeps you IRS-compliant with peace of mind.
Need Help?
Our expert support team is ready to walk you through the process.
- Call us at 866-245-3918
- Email: support@taxexcise.com
- Live Chat: Available on our website
Stay ahead of the deadline. E-file Form 720 and PCORI fee today with TaxExcise.com — the trusted name in excise tax filing.