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Filing the PCORI Fee using the manual method seems easy. You just have to fill out Form 720 and send it to the IRS. When you do it yourself it is easy to make mistakes. These mistakes can be small.

The Air Transportation Excise Tax is a federal excise tax imposed on amounts paid for the transportation of persons and property by air.

The Patient-Centered Outcomes Research Institute (PCORI) Fee is a charge that health insurance policies and plans must pay for supporting medical research that improves healthcare outcomes.

Now that we are nearing the close of the first quarter in 2026, we should always be mindful of the Form 720 deadline. Late filing can cost a lot of money, therefore, we will discuss in detail the due dates and penalties for non-compliance and ways to avoid these fees.

The Affordable Care Act (ACA), also known as Obamacare, is a major U.S. health law passed in 2010. Its goal is to make health insurance more affordable and accessible for Americans, especially people who do not get insurance through their employer.

In case you are engaged in the use of remittance transfer services, then it becomes important to appreciate the different aspects that revolve around remittance excise tax. This includes the penalties associated with not complying with IRS guidelines

The excise tax on local telephone and teletypewriter services is a federal tax imposed by the IRS(No: 22) on certain telecommunications services. It applies to the amounts paid for local telephone services and teletypewriter exchange services, primarily to fund U.S. federal government operations.

What is the New Regulation of the FDA for Tanning Beds? In March 2026, the FDA made a U-turn on their policy to impose a total ban on tanning beds for minors across the country. This new policy is a move towards an approach that is less prohibitive and more informative about the risks involved.

Foreign Insurance Tax - Recap The Foreign Insurance Excise Tax (FET) is levied on insurance premiums received in connection with insurance contracts underwritten by non-U.S. entities, provided that the risks covered are located in the United States.

Remittance Tax - Recap The remittance tax is a 1% excise tax defined under IRS Section 4475, which applies to selected transactions where transfers occur through tangible mediums, including cash, money orders, or cashier’s checks.

Are you looking for a way to file your Form 720 for the first quarter? Well, you have landed at the right place. Filing Form 720 electronically has numerous advantages, and Simple720 is the best decision you will ever make.

The U.S. Remittance Tax applies to certain money transfers to foreign countries, with the tax being paid by the sender of the transfer. This blog provides an overview of what the tax is, how it is filed, and its due dates.