Blogs

This blog explains how businesses can file an annual claim on IRS Form 8849 to recover eligible federal excise tax refunds. It covers document preparation, selecting the correct schedule, completing a final accuracy check, filing on time, and maintaining proper records for IRS compliance.

Learn what Form 8849 Schedule 2 is, who can claim fuel tax refunds, eligible fuel uses, required documents, and how to file accurately with the IRS.

This blog provides a complete overview of PCORI fee rates by plan year, explains how the fee is calculated, outlines Form 720 filing requirements, highlights common filing mistakes, and offers guidance for staying compliant with annual IRS updates.

Learn how to file tire excise tax online using IRS Form 720 with this complete guide. Discover the required information, filing steps, common mistakes to avoid, recordkeeping tips, and how electronic filing helps businesses stay compliant with quarterly federal excise tax requirements.

This blog explains how Form 637 registration helps eligible businesses claim fuel export excise tax exemptions. It covers qualification requirements, the relationship between Form 637 and Form 720, documentation best practices, and how businesses can maintain compliance with IRS fuel excise tax regulations.

This blog explains everything businesses need to know about the 2026 PCORI fee filing season. It covers who must file, the applicable 2026 fee rates, covered lives calculations, common filing mistakes, the July 31 deadline, and how to complete Form 720 accurately and on time.

This blog explains Section 40 fuel taxes under Form 720, including when the Second-Generation Biofuel Producer Credit must be recaptured. It covers qualifying and non-qualifying biofuel transactions, tax calculations, reporting requirements, the benefits of e-filing, and key compliance tips for producers.

This blog explains the latest PCORI fee updates and addresses whether the fee is being eliminated. It covers annual IRS adjustments, Form 720 filing requirements, common misconceptions, covered lives calculations, and best practices for staying compliant with current IRS regulations.

This blog explains whether CPAs can file PCORI fees on behalf of clients and outlines the responsibilities involved in Form 720 reporting. It covers the filing process, eligibility requirements, benefits of using a CPA, compliance obligations, and how electronic filing solutions simplify PCORI fee reporting.

This blog explains the differences between PCORI fees and ACA fees, highlighting their purposes, calculation methods, filing requirements, and compliance responsibilities. It also discusses why understanding these distinctions is essential for accurate Form 720 reporting and ongoing federal tax compliance.

IRS Numbers 26, 27, and 28 on Form 720 relate to specific air transportation excise taxes covering passenger travel, international air travel facilities, and air cargo transportation. This guide explains each category, reporting requirements, and how businesses can accurately classify and file these taxes.

Stand-up tanning beds help businesses serve more customers with shorter session times and improved efficiency. However, indoor tanning services may be subject to federal excise tax requirements that must be reported using Form 720. This article explains the importance of understanding excise tax obligations, maintaining accurate records, preparing for quarterly filings, and using electronic filing solutions to simplify compliance and reduce administrative burdens.