{"id":51727,"date":"2022-08-23T10:10:34","date_gmt":"2022-08-23T17:10:34","guid":{"rendered":"https:\/\/lapost.us\/?p=51727"},"modified":"2022-08-23T10:10:34","modified_gmt":"2022-08-23T17:10:34","slug":"businesses-can-make-excise-taxes-easier-by-filing-and-paying-electronically","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=51727","title":{"rendered":"Businesses can make excise taxes easier by filing and paying electronically"},"content":{"rendered":"<p>Tax Tip 2022-129<br \/>\nAugust 23, 2022<\/p>\n<p>The IRS encourages taxpayers who file federal\u00a0<a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/excise-tax\">excise taxes<\/a>\u00a0to file and pay electronically. Here are the excise forms currently available for e-filing:<\/p>\n<ul>\n<li>Form 720, Quarterly Federal Excise Tax Return<\/li>\n<li>Form 2290, Heavy Highway Vehicle Use Tax<\/li>\n<li>Form 8849, Claim for Refund of Excise Taxes Return; Schedules 1, 2, 3, 5, 6 and 8 only<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Advantages of excise e-file.<\/strong><\/p>\n<ul>\n<li>E-filing excise tax returns is safe, secure, easy, and accurate.<\/li>\n<li><a href=\"https:\/\/www.irs.gov\/e-file-providers\/720-mef-providers\">Form 720 e-file<\/a>is\u00a0<strong>convenient<\/strong>, plus taxpayers receive faster service and an acknowledgment from the IRS that the agency accepted their e-filed Form 720.<\/li>\n<li><a href=\"https:\/\/www.irs.gov\/e-file-providers\/8849-mef-providers\">Form 8849 e-file<\/a>offers\u00a0<strong>faster refunds<\/strong>\u00a0than through paper filing. Form 8849 Schedules 1, 2, 3, 5, 6 and 8 may be e-filed.<\/li>\n<li><a href=\"https:\/\/www.irs.gov\/e-file-providers\/2290-mef-providers\">Form 2290 e-file<\/a>provides taxpayers their<strong> Schedule 1, Form 2290, almost immediately<\/strong>\u00a0after the IRS receives the e-filed form.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Excise tax e-file facts<\/strong><\/p>\n<ul>\n<li>Only providers who have passed the IRS Assurance Testing System requirements for software developers of electronic IRS Excise returns are listed on the excise tax e-file providers&#8217; pages.<\/li>\n<li>IRS-approved excise tax e-file providers do charge a fee. This fee is not part of the excise tax payment.<\/li>\n<li>Filers must have an Employer Identification Number to e-file excise tax returns. Taxpayers who don&#8217;t already have an EIN can learn\u00a0<a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/how-to-apply-for-an-ein\">how to apply for one<\/a>on IRS.gov.<\/li>\n<li>Service is available 24\/7.<\/li>\n<li>Filers reporting 25 or more trucks on Form 2290 must e-file.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Paying the excise taxes completes the filing process, and there are\u00a0<a href=\"https:\/\/www.irs.gov\/payments\">multiple ways to pay any excise tax due<\/a>, including electronic methods.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>More information:<\/strong><\/p>\n<p><a href=\"https:\/\/www.irs.gov\/e-file-providers\/excise-tax-e-file-compliance-etec-programs-forms-720-2290-and-8849\">Excise Tax e-file for Forms 720, 2290 and 8849<\/a><\/p>\n<p><a href=\"https:\/\/www.irs.gov\/e-file-providers\/frequently-asked-questions-form-8849-claim-for-refund-of-excise-taxes\">Frequently Asked Questions \u2014\u00a0Form 8849, Claim for Refund of Excise Taxes<\/a><\/p>\n<p><a href=\"https:\/\/www.irs.gov\/e-file-providers\/frequently-asked-questions-form-720-quarterly-federal-excise-tax-return-e-file\">Frequently Asked Questions \u2014\u00a0Form 720, Quarterly Federal Excise Tax Return e-file<\/a><\/p>\n<p><a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/faqs-for-truckers-who-e-file\">FAQs for Truckers Who e-file<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tax Tip 2022-129 August 23, 2022&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-51727","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/51727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51727"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/51727\/revisions"}],"predecessor-version":[{"id":51728,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/51727\/revisions\/51728"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}