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Form 720 is used to file Excise Taxes like Environmental tax, Communication tax, Air transportation tax, Fuel tax, Retail tax, Ship passenger tax, Manufacturers tax, Foreign insurance tax and Floor stocks tax. Filling out the Form 720 by paper is a time consuming task and some serious calculations involved in it as well. Taxexcise.com has simplified the process and has completely eliminated the calculation part by adding an inbuilt Tax calculator, which does the entire math for the filer.
E-filing is the process of Filing taxes electronically to the IRS for which one has to go through a E-file service provider like Taxexcise.com. Showing Gratitude to its customers Taxexicse.com has slashed their E-filing fee by 50% to E-file form 720. This website always stays updated with the latest changes made to the tax form by the IRS. One such example is the Indoor Tanning tax and Medical Devices Excise tax added to the application. These are the latest additions to the tax forms Part II. Taxexcise.com is already equipped to file for these taxes and also certified by the IRS to E-file for the same.
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