Blogs

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.

Understand Form 720 Schedule T and how fuel sellers report taxable fuel gallons involved in qualifying two-party exchanges. Learn the requirements, records to maintain, reporting checks, and how Schedule T works with Form 720.

Learn how Form 720 Schedule A records net excise tax liability for each semimonthly period, understand regular and alternative reporting methods, calculate net liability, reconcile deposits, and avoid common filing errors.

This blog provides a comprehensive Form 8849 filing checklist to help businesses prepare accurate excise tax refund claims. It explains how to verify business information, select the correct schedule, organize supporting records, review calculations, confirm IRS eligibility, and avoid common filing mistakes before submitting Form 8849.

Learn the seven most common Tire Excise Tax filing mistakes businesses make when filing IRS Form 720. Discover how maintaining accurate records, verifying taxable quantities, reviewing calculations, and completing a final filing checklist can help avoid IRS processing delays and filing errors.

Learn how to use the Electronic Federal Tax Payment System (EFTPS) for Form 720 federal excise tax payments. Understand when deposits are required, how EFTPS fits into the Form 720 filing process, common payment mistakes to avoid, and best practices for maintaining IRS compliance.