Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. Excise Tax has several general excise tax programs. One of the major components of the excise program is motor fuel.
Leaking Underground Storage Tank (LUST) Tax Refunds
Taxpayers eligible for the LUST excise tax refund may use Form 8849, Claim for Refund of Excise Taxes, to file a claim.
Excise Summary Terminal Activity Reporting System (ExSTARS)
ExSTARS is a fuel reporting system developed with the cooperation of the IRS, Department of Transportation, states, and motor fuel industry, which details the movement of any liquid product into or out of an IRS approved terminal.
637 Registration Program
Under the Code and regulations, each person that engages in certain specified activities relating to excise tax must be registered by the IRS before engaging in that activity.
Excise Tax Online Exchange (ExTOLE)
The IRS administers a data repository for states to exchange motor fuel tax related information. 100 percentĀ of the ExTOLE data originates from a particular state, and is available to other states under disclosure agreements between states.
Motor Fuel Excise Tax Electronic Data Interchange (EDI)
Each prospective Electronic Participant must complete a letter of application (LOA) for electronic filing of Forms 720-TO and 720-CS.
Credit Allowed for Diesel Fuel Used in Mobile Machinery Vehicles
For tax years beginning after October 22, 2004, mobile machinery operators may claim an excise tax fuel credit for taxed undyed diesel fuel they use in their mobile machinery vehicle if the operators meet design-based and use-based tests.
Online Form 637 Registration Status Check
This Web application provides the ability for businesses to confirm whether individuals/companies have a valid IRS registration.
References/Related Topics
Rate the Small Business and Self-Employed Web Site
|