Why Businesses Choose File720Online
From fuel distributors to manufacturers, businesses across every excise tax category trust File720Online for fast, accurate quarterly e-filing.
Quick Answer
File720Online is built for businesses that need to file IRS Form 720 every quarter. It supports all 100+ excise tax lines, automatically generates supporting forms (6197, 6627, 7208), and includes Schedules A, C, and T. Team accounts, draft auto-save, and saved business info make recurring quarterly filings fast and accurate.
Built for Your Industry
File720Online handles the specific excise tax requirements of every business type that files Form 720.
Fuel Distributors
Fuel distributors, blenders, and refiners deal with some of the most complex excise tax requirements on Form 720. From gasoline and diesel to kerosene and aviation fuel, each product type has its own IRS Reference Number and tax rate.
- โAll fuel tax lines covered โ gasoline, diesel, kerosene, aviation fuel, and alternative fuels
- โSchedule C credit calculations for nontaxable uses, exports, and exempt sales
- โSchedule T support for terminal operators reporting two-party exchange transactions
- โSchedule A semi-monthly deposit tracking when liability exceeds $2,500
Manufacturers
Manufacturers and importers of taxable articles face excise tax obligations on products ranging from sport fishing equipment and bows to firearms and ammunition. Form 720 Part I captures these manufacturer excise taxes.
- โAll manufacturer tax lines โ sport fishing equipment, bows and arrows, firearms, ammunition, coal
- โAutomatic tax calculations based on sale prices or weight/quantity
- โForm 6197 (Gas Guzzler Tax) generated automatically when applicable
- โSaved product information for faster quarterly filings
Communication Companies
Telecommunications providers must collect and remit federal excise taxes on local and toll telephone services. The communications excise tax applies to charges for voice and data services provided within the United States.
- โCommunications excise tax lines for local telephone, toll telephone, and teletypewriter services
- โAutomatic calculation of tax based on reported revenue amounts
- โQuarterly filing history preserved for audit documentation
- โReal-time validation catches calculation errors before submission
Environmental Tax Payers
Businesses handling ozone-depleting chemicals (ODCs), certain imported petroleum products, and other environmentally taxed substances must report these taxes on Form 720 with the accompanying Form 6627.
- โForm 6627 (Environmental Taxes) generated automatically when environmental lines are selected
- โODC tax calculations by chemical weight and type
- โImported petroleum products and chemical taxes fully supported
- โGuided line selection helps identify all applicable environmental categories
Air Transportation
Airlines, charter operators, and freight transporters are subject to federal excise taxes on amounts paid for domestic air transportation of persons and property, as well as international departure and arrival taxes.
- โAll air transportation tax lines โ domestic passenger, international departure, freight
- โPercentage-based and per-segment tax calculations
- โSupport for both passenger and property transportation taxes
- โSchedule A deposit tracking for high-volume carriers
Platform Features for Business Filers
All 100+ Excise Tax Lines
Every IRS Reference Number on Form 720 Part I and Part II is supported. Select only the lines that apply to your business from our complete catalog.
Multi-Form Support
Supporting forms 6197, 6627, and 7208 are generated automatically based on your tax category selections. No separate software or manual attachments required.
Draft Auto-Save
Your filing progress is saved automatically as you work. Return to your draft at any time without losing data. Business information carries over between quarters.
Team Accounts
Invite team members to collaborate on filings. Assign roles, track filing status, and maintain a complete audit trail across your organization.
100+
Tax Lines Supported
3
Supporting Forms
3
Schedules (A, C, T)
< 15 min
Average Filing Time
Frequently Asked Questions
Can File720Online handle complex multi-category filings?
Yes. File720Online supports all 100+ excise tax lines across Part I and Part II of Form 720. Businesses with multiple tax categories can select and complete all applicable lines in a single filing, with automatic calculations and real-time validation.
Does File720Online support Schedule A semi-monthly deposits?
Yes. When your quarterly excise tax liability exceeds $2,500, File720Online automatically calculates your Schedule A requirements and tracks semi-monthly deposit periods. You can enter deposit amounts for each period and the system validates your totals.
Can multiple team members work on a Form 720 filing?
Yes. File720Online supports team accounts with role-based access. You can invite bookkeepers, accountants, or other team members to view, edit, or submit filings. All activity is tracked for audit purposes.
How does File720Online handle quarterly recurring filings?
Your business information, EIN, and address are saved between quarters. When you start a new quarterly filing, your entity details are pre-populated so you only need to enter the current period tax amounts. Previous quarter filings are available for reference in your dashboard.
IRS Authorized
E-File Provider
Team Accounts
Role-Based Access
Auto-Save
Never Lose Progress
Secure Filing
Bank-Level Encryption
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