IF YOUR BUSINESS OFFERS ULTRAVIOLET TANNING SERVICES… WE HAVE A REMINDER FOR YOU.

THE FIRST QUARTERLY PAYMENT FOR THE NEW 10-PERCENT EXCISE TAX FOR INDOOR TANNING SERVICES IS DUE NOVEMBER 1ST.

THIS IS BECAUSE OF A NEW LAW THAT WENT INTO EFFECT JULY 1ST, 2010

NOW… THERE IS A LIMITED EXCEPTION FOR CERTAIN QUALIFIED PHYSICAL FITNESS FACILITIES THAT OFFER INDOOR TANNING SERVICES.

THE TAX DOES NOT HAVE TO BE PAID ON MEMBERSHIP FEES TO QUALIFIED PHYSICAL FITNESS FACILITIES THAT OFFER INDOOR TANNING SERVICES AS AN INCIDENTAL SERVICE TO MEMBERS… PROVIDED THE FACILITY DOESN’T SELL TANNING SERVICES TO THE GENERAL PUBLIC.

THIS EXCEPTION DOES NOT APPLY TO A FITNESS FACILITY THAT CHARGES SEPARATELY FOR THESE SERVICES OR THAT OFFERS DIFFERENT PRICING OPTIONS TO MEMBERS BASED ON WHETHER TANNING SERVICES ARE INCLUDED.

IF THIS EXCEPTION DOES NOT APPLY TO YOUR BUSINESS… THEN YOU SHOULD REPORT THE EXCISE TAX ON FORM 720 NOW AVAILABLE ONLINE AT WWW.TAX720.COM

THEN… SEND THE FULL AMOUNT OF THE TAX DUE TO THE IRS BY USING FORM 720-V, OR BY USING THE ELECTRONIC FEDERAL TAX PAYMENT SYSTEM.

CALL THE TAXEXCISE HELP LINE AT 1-866-245-3918 OR SIMPLY EMAIL IT TO SUPPORT@TAXEXCISE.COM.