Form 720 is used to report and pay your federal excise tax liability for certain products that are manufactured, produced or imported like fuel as well as services such as airline travel. It is not used for alcohol, tobacco and firearms which instead use Form 5000.24. In this article, we will discuss what information and…

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Source: http://fitsmallbusiness.com/form-720-quarterly-federal-excise-tax-return/

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