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Showing posts from May, 2026

PCORI Fee Filing 2026: Everything Businesses Need to Know

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  As businesses prepare for their annual federal tax responsibilities, PCORI fee filing remains an important requirement for many employers and health plan providers across the United States. Understanding the 2026 PCORI filing requirements can help businesses stay compliant, avoid IRS penalties, and complete filings accurately and on time. Excise720 provides a simple and secure solution for filing PCORI fees online through an IRS-authorized e-filing platform designed specifically for Form 720 submissions. What Is the PCORI Fee? The Patient-Centered Outcomes Research Institute (PCORI) fee was established under the Affordable Care Act (ACA). The fee helps fund medical research that improves healthcare decision-making and patient outcomes. Businesses and organizations that provide certain health insurance policies or self-insured health plans are generally required to report and pay the PCORI fee annually using IRS Form 720. Although the PCORI fee is filed only once per year, it mu...

How Excise 720 Makes Federal Excise Tax Filing Easier for Businesses

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Federal excise tax filing can feel complicated for many business owners. Unlike regular business taxes, excise tax applies only to specific products, services, and activities. Because of this, many businesses are unsure where to start, what details to enter, and how to file correctly. This is where Excise 720 helps. Excise 720 is designed to make Form 720 filing simple, organised, and easier to complete online. What Is Form 720 Filing? IRS Form 720 is used by businesses that need to report federal excise tax. These taxes may apply to areas such as fuel, environmental taxes, communications, air transportation, indoor tanning, and other taxable activities. Since Form 720 includes different tax categories, businesses need to choose the right section and enter accurate information. A small mistake can lead to confusion, corrections, or delays. Why Businesses Need a Simple Filing Process Many business owners do not have time to handle complicated forms manually. They need a faster and ea...

Form 720 Quarter 2 Filing: What Businesses Need to Know

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Form 720, also called the Quarterly Federal Excise Tax Retur n , is used by businesses to report and pay certain federal excise taxes. If your business deals with taxable products, services, or activities, you may need to file Form 720 every quarter. For Quarter 2 2026 , Form 720 covers the tax period from: April 1, 2026 to June 30, 2026 The IRS due date for Form 720 is generally the last day of the month after the quarter ends. For Q2 2026, the deadline is: Form 720 Q2 2026 Deadline Q2 Tax Period: April 1 – June 30, 2026 Filing Deadline: July 31, 2026 Form: IRS Form 720, Quarterly Federal Excise Tax Return The IRS confirms that Form 720 is used for quarterly federal excise tax reporting, and Publication 509 states that the form is due on the last day of the first calendar month after the quarter ends. Why Q2 Form 720 Filing Is Important Quarter 2 is an important filing period because businesses must review all applicable excise tax activity from April, May, and June. Th...

Missed the Form 720 Quarter Deadline? File Now Before Penalties Grow

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 The Form 720 quarter filing period may be over, but your responsibility to file is not over. If your business was required to file Form 720 and you missed the deadline, the most important step is to act quickly. A missed deadline can lead to penalties, interest, and IRS follow-up. But delaying even more can make the situation worse. The sooner you file your Form 720 and pay the tax due, the better it is for your business. With Excise 720 , you can still complete your late quarter filing online and get back on track without waiting for the next deadline. The Deadline Passed, But Filing Is Still Possible Many business owners feel stuck after missing a tax deadline. Some think they should wait until the next quarter. Others delay because they are unsure what to do. But waiting is not the right move. If you missed your Form 720 quarter filing deadline, you can still file the return. You can also still make the payment for the tax due. Filing late may come with penalties, but f...