Tax720.com is now ready to accept returns for all Three Quarters of 2011

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The  IRS Form 720 Quarterly Federal Excise Tax Return is particularly used for filing and paying excise dues on quarterly basis for keeping the liabilities under control. There are only few selective companies which are required to make tax payments to the federal government. This however, entirely depends on the type of business they are engaged in.


The IRS Form 720 is now available for use by tanning salons to pay the 10% excise tax applicable to their industry.  Part II of Form 720 has been updated with a line for "indoor tanning services" and it describes the rate as 10% of the amount paid.


Part I of Form 720 deals with:


  • Environmental Taxes
  • Communication and Air Transportation Taxes
  • Fuel Taxes
  • Retail Tax
  • Ship Passenger Tax
  • Other Excise Tax
  • Manufacturers Taxes

Part II of Form 720 deals with Misc Excise Taxes:


  • Sport fishing equipment and electric outboard motors
  • Bows and quivers
  • Indoor Tanning

WWW.Tax720.com is now ready to accept Form 720 for the first three quarters of the year 2011.Tax720.com is an IRS authorized e-file provider for Form 720 enabling excellent online tax filing facilities to taxpayers.Our Application help the tax payers to send their tax returns to the IRS within minutes. 

www.Tax720.com /www.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 720 .Tax720 is a product of ThinkTrade, Inc and a part of TaxExcise.com. We are a BBB accredited company with A+ certification.For any further information regarding Form 720  please reach us at 1-866-245-3918 or simply write to us at support@taxexcise.com

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