Indoor tanning services that use UV radiation are subject to a federal excise tax known as the Tanning Excise Tax. Each business providing indoor tanning services will file and pay quarterly on Form 720, the Quarterly Federal Excise Tax Return.
With us, you can e-file Form 720 accurately, securely and on time, without the burden of complex IRS paperwork or manual calculations.
E-File Form 720Indoor tanning services using UV rays will be taxed at 10 percent of the price paid by customers. Businesses that provide indoor tanning services include tanning salons, fitness centers, spas, etc.
The e-Filing of Form 720 through efile720.com gives a better filing experience that is
quick, easy and accurate, as opposed to the old way of filing Form 720.
Manually calculating tax is no longer needed; efile720.com calculates it for you.
You will no longer need to worry about making errors.
Electronically filed forms are typically reviewed and approved, with a receipt issued within approximately two minutes
You will receive confirmation when your e-filed Form 720 is received by the IRS.
You are assured of being compliant with the due date of your return and you will not incur late penalties.
Filing your tanning excise tax electronically through efile720.com is a simple process with guidance.
Input your business information (Name & EIN).
Enter your reportable indoor tanning service for the current quarter.
Review the automatically calculated taxes.
Submit Form 720 electronically to the IRS.
The e-file process saves time, increases accuracy and removes the need for paper forms/manual filing.
| Quarter | Period Covered | Due Date |
|---|---|---|
| Q1 | January – March | April 30 |
| Q2 | April – June | July 31 |
| Q3 | July – September | October 31 |
| Q4 | October – December | January 31 |
Filing Form 720 electronically can reduce the risk of receiving an IRS penalty due to mistakes such as:
Not filing within the time frame
Not accurately calculating the excise tax
Not filing the complete and correct form
E-filing through efile720.com avoids these mistakes by verifying the entries you have entered and
assisting you with compliance with IRS regulations.
Please note that the Tanning Excise Tax requirements do not need to be an administrative burden on the business.
By e-filing Form 720 with us, you will accurately and quickly file your tax returns and greatly reduce the amount of time the IRS takes to process your return. When filing electronically, your business will meet Tanning Excise Tax obligations and you can avoid any late-filing penalties associated with the tax. You can remain in full compliance with federal law quarterly.
