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Debunking 10 Common Myths on Filing Form 720 Online

Debunking 10 Common Myths on Filing Form 720 Online


Businesses are moving Online to file their excise tax. On one hand IRS insists businesses file online and other side myths are cropping up on 720 online filings. Let's debunk these myths and shed light on the truth behind excise tax filing online.

Myth 1: 720 Online Filing is Complicated

Reality: Contrary to belief, online 720 excise tax filing is designed for simplicity. User-friendly interfaces and step-by-step guidance make the process straightforward, reducing complexities associated with traditional paper filing.

Myth 2: It's Only for Tech-savvy Businesses

Reality: Online filing platforms like Simple 720 cater to all levels of technological proficiency. Most providers ensure a seamless experience with intuitive interfaces, making it accessible for businesses of all sizes, regardless of technical expertise.

Myth 3: It's Prone to Security Risks

Reality: Reputable online platforms employ robust security measures, including encryption and secure servers, ensuring the confidentiality of sensitive tax information. Online filing can be as secure, if not more so, than traditional methods.

Your data is 100% secured with Simple 720.

Myth 4: Manual Filing is More Reliable

Reality: Online filing systems undergo rigorous testing and adhere to strict standards, enhancing accuracy and reducing the risk of errors compared to manual filing. Automation minimizes the chances of miscalculations.

Myth 5: It's Time-consuming

Reality: Online 720 Software allows businesses to complete their excise tax filings efficiently in a few minutes. With features like data autofill and electronic submission, it often proves quicker than traditional methods.

Myth 6: Only Large Corporations Benefit

Reality: Online filing is advantageous for businesses of all sizes. It levels the playing field, providing small businesses with the same accessibility and efficiency as larger counterparts, and fostering equal opportunities for compliance.

Myth 7: It Lacks Personalization

Reality: Many online platforms offer customizable features to accommodate various business needs. Users can tailor their filings and receive personalized support at every phase. Simple 720 has a strong customer care team to cater to the needs of every excise tax filer.

Myth 8: It's Expensive

Reality: Online 720 filing can be cost-effective. Many platforms offer competitive pricing, eliminating the need for postage, printing, and manual processing, ultimately saving businesses money in the long run.

Check out Simple 720 Pricing here.

Myth 9: It's Unreliable During Peak Seasons

Reality: Reputable online filing platforms are equipped to handle peak filing seasons. They invest in scalable infrastructure to ensure a smooth experience for users, debunking concerns about system crashes or slowdowns.

In conclusion, embracing online excise tax filing dispels these myths, offering businesses a modern, efficient, and secure way to meet their tax obligations.

Don't let misconceptions hold you back from leveraging the benefits of streamlined and convenient excise tax filing online.

File Your Form 720 Now