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IRS Form 720, officially called the Quarterly Federal Excise Tax Return, is used by businesses and organizations to report certain federal excise taxes.

These taxes may apply to fuel, communications, air transportation, environmental activities, foreign insurance, PCORI fees, and other taxable goods and services.

Who Needs to File Form 720?

Businesses may need to file Form 720 if they are responsible for federal excise taxes covered by the return.

Common tax categories include:

Fuel excise taxes

Environmental taxes

Communications taxes

Air transportation taxes

Foreign insurance taxes

PCORI fees

Certain manufacturer and retail taxes

You can review the different Form 720 tax types supported by Simple720Tax.

When Is Form 720 Due?

Form 720 is generally filed quarterly:

Q1: April 30

Q2: July 31

Q3: October 31

Q4: January 31

Some taxes may follow different reporting requirements. For example, PCORI fees are generally reported annually.

Can Form 720 Be Filed Online?

Yes. Businesses can electronically file Form 720 through an IRS-authorized e-file provider.

Simple720Tax provides an online filing system designed to simplify Form 720 preparation, calculations, review, and electronic submission.

What Information Is Needed?

Before filing, you may need:

Business name and EIN

Filing quarter

Applicable tax category

Taxable amounts or quantities

Excise tax calculations

Previous deposits or payments

Supporting information for claims

For fuel-related liabilities, you can learn more about Form 720 fuel excise taxes.

How Much Does Form 720 E-Filing Cost?

Simple720Tax offers different filing options depending on the type and frequency of your Form 720 filings.

Check the latest Form 720 filing pricing before starting your return.

File Form 720 Online

Using an online filing platform can help reduce manual calculations and make the filing process easier to manage.

With Simple720Tax, businesses can prepare and electronically submit Form 720 through a guided online process.

The Patient-Centered Outcomes Research Institute (PCORI) fee is an annual federal filing requirement for many employers and organizations with self-insured health plans. Understanding how and where to file helps businesses remain compliant while avoiding unnecessary penalties.

Simple720Tax provides an easy-to-use platform that simplifies the entire filing process.

What Form Is Used for PCORI?

The IRS requires organizations to report the PCORI fee using IRS Form 720. Although the fee is annual, it is reported through Form 720, making it important to complete the correct sections accurately.

Why Choose Online Filing?

Electronic filing offers several benefits over traditional paper filing, including:

Faster processing

Secure transmission

Automatic calculations

Reduced filing errors

Instant confirmation

Convenient online access

Using Simple720Tax helps businesses complete their filing with confidence.

Dedicated PCORI Filing Service

Instead of preparing a complete excise tax return, eligible organizations can use the specialized PCORI Fee Filing option. This service is tailored specifically for annual PCORI reporting, making the process faster and more efficient.

Simplify Your Annual Filing

Whether you're filing for the first time or managing annual compliance, Simple720Tax provides a secure and reliable solution. Users can file Form 720 electronically, receive confirmation from the IRS, and maintain organized records for future reference.

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