Category Archives: First Quarter Form 720

Form 720 for the First Quarter of 2020 due by April 30.

Form 720 is filed by businesses that deal with the sale of certain goods and services. These businesses are required to pay extra taxes, known as “Excise Taxes”. This Federal excise tax has four quarters for a calendar year and the deadline for each quarter is last day of the following month i.e, by April 30 for the first quarter, by July 31 for the second quarter, by October 31 for the third quarter and by January 31 for the final quarter. The first quarter of 2020 (for the months Jan, Feb and Mar) is due by April 30.  And Even if you are not liable for excise taxes during any of the quarters of the year, you must send in Form 720 according to the due dates.

Due to the ongoing situation many businesses and essential services are closed and do not have any Excise tax to report. Though they have no sale to report they will still need to file out a Form 720 by reporting a Zero Return (Zero Tax Liability).

A zero return substantially means that no sale or business operations were conducted during that quarter. And Having Form 720 completed essentially allows the business to stay compliant with the existing norms and guidelines listed by the IRS.

Away from your desk, currently working from home, and is the tax deadline crunch getting to you, Look No Further !!

To ensure we are able to provide you with the best customer service, our tax experts are at your disposal for any Federal tax-related questions. Feel reach us on our toll-free number @ 866-245-3918 or drop us an email to support@taxexcise.com do also try out our LIVE CHAT option available on the website. We’re available on all Business days between 9:00 AM to 6:00 PM Central Time. Thank you for your support.

Note: The IRS offices might not be at your reach, but they’re fully operational to support E-filing and all the returns filed through our website are being processed by the IRS within minutes.

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California Air Resources Board (CARB) Regulations & Form 2290 March deadline

At www.TaxExcise.com we know that truckers are the mainstay of America, they transport almost all basic necessities such as food, clothes to medicine and electronics. If you’ve got it, then a trucker brought it!

Trucking is a major source of employment with over 8 million people working in trucking related jobs to over 3.5 million truck drivers, the total revenue brought in keeps increasing at a phenomenal rate with over 800 billion a year. As this figure keeps increasing it also does bring about new rules and limitations on certain regulations.

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Form 2290 Deadline is fast approaching for vehicles First Used in January 2020!

Tax2290.com the most preferred website to E-File Federal excise tax forms would like to keep you reminded about the upcoming deadline for form 2290. Filing form 2290 is made much easier and less complicated since e-file came into effect, the IRS strongly recommends to E-file if you are expecting to report more than 25 vehicles, this makes processing returns faster and stamped Schedule 1 copies are made available within a few minutes.

The Federal Heavy Vehicle Use Tax needs to be filed by anyone who has registered or is required to register a heavy highway motor vehicle with a taxable gross weight of 55,000 pounds or more in their name at the time of first use on the public highways. This filing deadline is not the same as the Vehicle Registration date. Irrespective of the vehicle registration renewal date form 2290 has to be filed for any vehicle used after July in a tax period by the last day of the month following the month the vehicle was first used on public highways. Form 2290 is due by March 2nd for vehicles first put into service in the month of January 2020.

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The IRS is shutting down e-file services from July 18 – 22. E-file Tax Returns to avoid any delays!

Dear taxpayers, may we have your attention, please!

The IRS e-file services will be temporarily unavailable for the period beginning July 18, 12: 01 AM (EST) through July 22, 12: 00 PM (EST) due to the system upgrade. Hence, any returns filed during this period will not be processed by the IRS.

However, we would be open and accepting returns during this shutdown period and would also be available to provide assistance with your filings during this time. So you can still submit your tax returns using our application and the IRS will process your return as soon as they are up and ready to accept them.

Forms that are affected during the shutdown time:

Tax Form 2290:

Form 2290 for the Tax year 2019 -2020 is due for renewal immediately. Which means if you submit your return during the shutdown period; you will receive your Stamped Schedule-1 copy in your email (& Fax, if opted) only on or after July 22, 2019.

Tax Form 720:

This is a quarterly Federal Excise Tax, which is filed every 3 months and it is due now for the Quarter ending June 2019. PCORI that is filed only annually on the Q2 filing is also due this month. Indoor Tanning Taxes is one among the most used category reported electronically on Form 720. And any returns filed during this period will only be accepted by the IRS on or after July 22, 2019, we will send you the receipt acknowledgment as soon as IRS accepts your return.

WE RECOMMEND e-filing your tax returns before the shutdown begins. That being said, TODAY is your only opportunity to stay unaffected from the IRS downtime and get instant approval from the IRS within minutes.

Another great reason to e-file your tax return TODAY is the DISCOUNTED FEE with a FLAT 10% discount code “ONTIME2019”.

All the above-mentioned Tax Forms can be e-filed by simply logging on to the www.taxexcise.com  / www.tax2290.com website and follow the prompt for a successful filing. Also, our tax experts are just one ring away from answering any questions you might have in regards to your filings. Rest assured, our Tax Experts would never let you go wrong!

Call us or write to us at 1-866-245-3918 / support@taxexcise.com for any suggestion and queries. You can also ping us on LIVE CHAT for assistance.

This 4th of July, E-File your Form2290 for TY2019 with 10% OFF!

Independence is the complete freedom of control or influence from another party, the term is often used when referring to the birth of nations, such as the United States, Independence means they have the capability for self-governance, legislations, and make laws mainly for the good of the nation, regardless of the interests of any outside state or organization.

Now in the spirit of 4th of July we should remember to oblige with the lay down rules and regulation for the betterment of our Nation And we has truckers, that means we file our taxes and pay the dues on time, by doing so we are respecting those that fought for our Freedom to act, speak, or think as we want without hindrance.

So, www.Tax2290.com  / www.TaxExcise.com  is Officially Announcing the Arrival of Heavy Vehicle Use Tax (HVUT) Form 2290’s Annual Renewal for the period July 2019 through June 2020. To Share the Spirit of Freedom we have put Across a Independence Week long Discount.

N: B   These are the deadline you need to keep in mind.

Tax Form2290 TY2019 renewal Deadline August 31 2019

Form720 (2nd Quarter 2019) Deadline July 31 2019

Tax IFTA (2nd Quarter 2019) Deadline by July 31 2019

AVAIL a FLAT 10% OFF on all the above Forms for one Complete Week with Discount Code “FREEDOM” Hurry up! Offer Valid only until July 7th, save up to $40 on a Single Transaction. For any further clarification call us @ 1-866-245-3918 or write to us @ Support@taxExcise.com or ping our Tax Experts using the LIVE CHAT Option on the Webs