Blogs

If you run an indoor tanning facility in Ohio, keeping up with both state rules and federal tax requirements are essential. While Ohio handles licensing, safety and operational standards, the IRS manages the federal indoor tanning excise tax.

California tanning businesses often ask whether the federal indoor tanning excise tax applies in the state, especially since California has additional regulations related to tanning devices, safety requirements, and age restrictions.

Many gym owners find themselves confused when it comes to the indoor tanning excise tax. While gyms are often associated with numerous exemptions, the indoor tanning excise tax may still apply in certain situations.

If you run or manage an indoor-tanning business in Texas, this guide is for you. It walks through the federal excise tax on indoor‐tanning services, how Texas-based filers should comply, and step-by-step instructions for filing using the IRS-authorized online portal Simple720.

Filing form 720 taxes is something every business must do, but the method you choose affects how much you spend. While mailing Form 720 might seem cheaper, the hidden costs tell a different story.

At Simple720, security and trust come first. We understand that when you file your Federal Excise Tax (FET) returns online, you’re trusting us with highly sensitive information.

Recap on Biodiesel Sold as Fuel But Not Used When biodiesel or renewable diesel is sold or used for purposes other than as a fuel after claiming a related tax credit, it becomes subject to a recapture tax under IRS No. 117. This applies when the fuel is not used in a qualifying way or is removed from a mixture.

Businesses that produce or purchase biodiesel often qualify for federal fuel tax credits. But when fuel is not used as intended such as being diverted from fuel use.

Section 40 covers second-generation biofuels that are sold but not used for their qualified purposes. If misused, producers must recapture a $1.01-per-gallon excise tax, reported under IRS Number 51 on Form 720.

When dealing with biofuels under IRS Form 720, Section 40 plays a critical role in understanding fuel-related excise taxes.

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have announced penalty relief for remittance transfer providers who fail to deposit the correct amount of excise tax under Section 4475 of the One Big Beautiful Bill Act (OBBBA).

The IRS has issued an official Employee Emergency News announcement detailing temporary operational adjustments due to a reduction in workforce availability.