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Form 720 service
Quarterly excise tax · all categories

File your quarterly federal excise tax. Form 720, every category covered.

Form 720 is the quarterly federal excise tax return covering 30+ excise categories: the PCORI fee on health insurance, fuel and environmental taxes, communications and air transportation taxes, indoor tanning, and several smaller categories. Each category has its own rate, base, and deposit schedule. The form is due 30 days after each quarter ends. We identify your category, calculate the tax, e-file, and forward the IRS acknowledgement.

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How it works

How we handle Form 720, end-to-end.

Form 720 is the quarterly federal excise tax return covering 30+ excise categories: the PCORI fee on health insurance, fuel and environmental taxes, communications and air transportation taxes, indoor tanning, and several smaller categories.

1

Category identification

We identify your applicable excise categories. Common ones: PCORI fee for self-insured health plans, fuel tax for fuel distributors, indoor tanning tax for tanning salons, communications tax for telephone services.

2

Tax calculation

We calculate the tax for each category at the correct rate against the correct base. Rates change throughout the year for some categories (fuel especially).

3

Deposit reconciliation

Some excise categories require semi-monthly deposits when liability exceeds $2,500 per quarter. We reconcile your EFTPS deposits against the calculated liability.

4

E-file and acknowledgement

We e-file Form 720 through an IRS-authorized provider, receive acknowledgement within minutes, and forward the confirmation with the quarter's tax summary by category.

What we'll set up for you

A clean handoff, in four steps.

You give us the basics. We handle the state, the IRS, and the compliance clock so you can focus on the business.

01 · Name + Brand

A name that's actually available.

Real-time check against the state register, USPTO trademark database, and matching domains.

02 · State filing

Filed with the Secretary of State.

We submit your Articles, pay the state fee on your behalf, and return the stamped certificate.

03 · Federal IDs

EIN + the right tax setup.

Federal Employer ID with the IRS, plus state tax accounts when your business needs them.

04 · Stay compliant

Registered Agent + deadline tracking.

Your agent on file in every state, with every renewal and annual report tracked in one calendar.

Pricing

Transparent form 720 pricing.

State filing fees pass through at cost. No upsells.

Single quarter

$149
Form 720 e-filed for one quarter.

Category identification, tax calculation, EFTPS deposit reconciliation, Schedule A, e-file, and IRS acknowledgement.

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Annual subscription

$499
All 4 quarters, locked pricing.

All four quarterly Form 720 filings at $499/year (saves $97 vs paying quarterly). Includes PCORI fee filing (Q2), annual reconciliation summary, and Form 720-X amendments if needed.

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FAQ

About the Form 720 Filing Service.

Who has to file Form 720?
Any business owing federal excise tax. Most common cases: self-insured health plans (PCORI fee, annual), fuel distributors (fuel tax, quarterly), indoor tanning salons (10% on services, quarterly), and any business with airtime, retail-truck, or manufacturer tax obligations.
What is the PCORI fee?
The Patient-Centered Outcomes Research Institute fee on health insurance policies, including self-insured employer plans. The rate is set each year by the IRS ($3.47 per covered life for plan years ending Oct 2024 through Sep 2025). Filed once per year on Form 720 with Q2 (due July 31).
When do I owe semi-monthly excise tax deposits?
When your quarterly liability exceeds $2,500 in any category requiring deposits (most fuel, communications, and air transportation categories). Deposits are semi-monthly: due the 29th of the deposit month for the 1st-15th period, and 9 days after the close of the 16th-end period.
Can fuel tax be refunded?
Yes for certain uses: off-highway business use (farm equipment, generators), exclusive use by state and local governments, and certain bulk sales. File Form 8849 or claim the credit on Form 720, Schedule C. We handle both paths.
Is Form 720 e-file required?
Optional but recommended. The IRS prefers e-file and processes it faster. Paper filing is allowed but takes 6 to 8 weeks for processing and any acknowledgement.
What is the late-filing penalty?
5% per month, capped at 25%. Failure-to-pay penalty is separate (0.5% per month). Interest accrues on both. For semi-monthly deposit categories, the failure-to-deposit penalty (2%/5%/10%/15%) is separate again.
Why File.Business

Premium compliance, no service-fee markup.

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SOC 2 Type II audited platform. 220,000+ businesses served. 60-day money-back on service fees. State fees passed through at cost with no hidden markup. Explicit AUP on restricted industries.

A compliance partner, not a transaction

Most providers go quiet after checkout. We auto-track every annual report, registered agent renewal, and license deadline across your entities. The Business OS dashboard keeps your compliance score visible year-round.

Premium experience competitors cannot match

Premium positioning, transparent pricing, no service-fee markup on state or federal filings. Premium positioning, transparent pricing, no service-fee markup on state filings.

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