Blogs

Are you accidentally skipping your federal excise tax because you think sightseeing isn't transportation? It is a common question for tour operators in Hawaii. You are flying people over volcanoes and waterfalls, not taking them from Point A to Point B.

Simple720 has been featured in an article by EBN (Employee Benefit News) on how advisers can simplify federal tax filings. The write-up points out the need for e-filing excise taxes and how a tool like Simple720 is indispensable to getting it right and staying compliant.

You buy a tanning bed to make money. It sounds simple, but most salon owners get the math wrong. They see a price tag for a Wolff or Ergoline and think that is their biggest cost. It is not.

The 2026 PCORI fee, payable by July 31, 2026, for plan years ending in 2025, should be filed using the online method, as recommended by the IRS. In this blog, let us walk through the step-by-step guide for filing your PCORI fee online using Simple720.

Managing a level-funded health plan offers a great middle ground between being fully insured and self-insured. However, with those benefits comes a few extra administrative tasks that often catch business owners off guard. One of the most common questions we hear is whether these plans are subject to the Patient-Centered Outcomes Research Institute (PCORI) fee.

Tanning beds in salons provide a cosmetic tan to the skin by exposing it to ultraviolet (UV) radiation. In salons, one can generally find different tanning equipment options including low, pressure and high pressure beds, stand up tanning booths, lay down Tanning Beds, and hybrid tanning systems that use different lamp technologies.

As a salon owner, your best tanning beds are the heart of your business, but the bulbs inside them are the actual engine. Over time, those engines wear down.

Form 8849 offers an opportunity for individuals to recover certain federal excise taxes through refunds. A key to ensuring your refund check will be mailed to you without any trouble is the correctness of your form filing. Yet, the IRS might not be sending out your refund for various reasons.

Let’s be honest. Nobody likes dealing with the IRS more often than they have to. If you realized your business is owed a refund for excise taxes, usually because of fuel use or a vehicle you no longer own, your first instinct is probably to wait until the end of the year and deal with it all at once. It sounds easier.

In 2026, the tanning industry is shifting toward skin health and wellness, with more clients asking about red light and hybrid sessions. As a salon owner, you must decide whether this is a trend or a smart upgrade to keep rooms profitable.

Form 720 is a quarterly report, so each quarter has its distinct deadline. The IRS allows you to file and pay excise taxes quarterly, the last quarter's filing deadline being January 31st. As the Q4 deadline nears, it's vital to make sure the filing is done on time to avoid penalties or additional charges.

If you’re looking for a tax deduction for using a tanning bed, unfortunately, there are no deductions for tanning beds. But there is what’s called the Tanning Excise Tax. This is a federal tax of 10%, and it was created under the Affordable Care Act.