If your business comes within the excise tax category, then you must pay excise tax every quarter. In this blog, let's find out where to mail form 720 once the form is filled.
What is Form 720?
Form 720, an IRS-issued form, is used by businesses to pay their federal excise tax. A wide range of taxes is covered in the Tax Form 720. Some of the major taxes are Environmental taxes, Fuel Taxes, Air Transport Taxes, Retail Taxes, PCORI Taxes, Indoor Tanning Taxes, etc. Here is the list of all excise taxes with IRS No.
Where to mail Form
720?
Once you complete Form 720, IRS instructs you to mail it
to the following address,
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201-0009
3 Challenges while Filing
form 720 manually:
Loss in Transit:
When you send your form 720 by mail, it could get lost in
transit. If it gets lost, you need to incur a penalty for not paying on time.
Time Consuming:
It takes more time to fill out form 720 compared with online filing as
you have to do the calculations manually.
Calculation Mistakes:
When you do manual filings, there are higher chances for calculation errors. In the case of our online filing, the calculation is done by the 720 online portal itself.
Why you must efile
form 720 with us?
IRS Authorized 2290 efile provider,
Seamless 2290 Online Portal,
Professional Customer Support Team,
No need to download any software,
Faster processing.
File Form 720 online with us today and feel the difference.