Blogs

This blog explains how business expansion can trigger new Form 720 filing obligations, including taxable products and services, first-time filing requirements, quarterly deadlines, registration considerations, and common compliance mistakes growing businesses should avoid.

This blog explains how insurance brokers can stay compliant with Foreign Insurance Excise Tax (FIET), including broker liability under IRC §4371–4374, applicable tax rates, Form 720 filing requirements, treaty exemptions, common compliance mistakes, and quarterly reporting obligations.

This blog explains the taxable chemicals list under Superfund tax rules, including IRC Section 4661 chemicals, taxable substances, exemptions, per-ton tax calculations, and quarterly filing through Form 6627 and Form 720.

This blog explains how fuel importers can stay IRS compliant by understanding when fuel imports become taxable, filing Form 720 quarterly, reconciling import and terminal records, managing EFTPS deposits, avoiding common filing mistakes, and maintaining proper documentation.

This blog explains private aviation excise tax rules, including how private, charter, and fractional ownership flights are taxed, who must file Form 720, quarterly reporting requirements, common filing mistakes, and how proper classification helps avoid IRS issues.

This blog explains how to complete Schedule C on Form 720 correctly by confirming eligibility, entering the required claim period, selecting the correct claim line, calculating eligible credits, maintaining supporting records, and avoiding common IRS filing mistakes.

This blog explains the differences between annual and quarterly fuel tax refund claims, when each filing method applies, and how Form 720 Schedule C, Form 8849, and Form 4136 fit into the IRS fuel-tax recovery process.

This blog explains how to amend IRS Form 8849 correctly by identifying filing errors, distinguishing refund claims from Form 720 liability adjustments, gathering supporting documentation, meeting the applicable filing window, and ensuring complete submissions to avoid IRS processing delays.

Learn which features businesses should compare when choosing excise tax filing software for Form 720, including schedule support, validation, electronic filing, acknowledgments, saved returns, and technical assistance.

This blog explains PCORI's role in advancing patient-centered healthcare research, how the Patient-Centered Outcomes Research Trust Fund is financed through the PCORI fee, and how applicable insurers and self-insured health plans report the fee using IRS Form 720.

This blog explains how multi-entity businesses can organize Form 720 e-filing by keeping each entity's taxpayer information separate, matching the solution to applicable excise tax categories, managing quarterly deadlines, reviewing returns, and choosing a scalable e-filing platform.

Learn about the five benefits of IRS Form 637 registration, including tax-free transactions, qualifying excise tax claims, official IRS registration status, multiple qualifying activities, and stronger excise tax compliance.