E-file Your Chemicals Excise Tax(IRS No: 54)
in just a Few Minutes with Simple720

Filing your chemicals excise tax has never been easier than with Simple720, an IRS-approved online portal designed for quick, hassle-free online filing.

  • No Software Download
  • 100 % Data Secured
  • No License or Contracts
File Form 720 Online Now
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What Is the Chemicals (Other than ODCs)
Excise Tax (IRS No. 54)?

The Chemicals Excise Tax under IRS Number 54 applies to certain chemicals (other than ODCs) manufactured in or imported into the U.S. by producers or importers. This tax is part of the Superfund program, which funds hazardous waste cleanup efforts, and is not intended to regulate chemical use. Only chemicals listed under part 2 of Form 6627 are subject to this tax.

PCORI-Fee-Amount
Key Points According to IRS and EPA Guidelines:
  • The tax applies to chemicals in products like pesticides, fertilizers, and industrial chemicals.
  • The tax rate is determined based on the substance’s classification, and varies depending on its specific chemical makeup.
  • Importers or manufacturers must file quarterly and ensure they report the correct tax rates based on the chemicals they are selling or using.
  • Accurate record-keeping is vital to ensure correct tax payment, as incorrect or incomplete reporting may lead to penalties.
Who Is Responsible for Paying this Tax?

The entity that manufactures or imports the taxable chemicals is responsible for reporting and paying the excise tax each quarter via Form 720. Tax obligations cannot typically be transferred, although contractual agreements may make exceptions.

Why Opt for Electronic Filing for
Your Chemical Excise Tax?

Enhanced Accuracy
By filing electronically, you ensure that all tax details are entered correctly, which minimizes the risk of human error and guarantees that your business is fully compliant with the latest IRS guidelines.
Time-Saving Convenience
Filing online means you can complete your paperwork in minutes without waiting for approval or processing time. This saves you time that could be better spent on other aspects of your business.
Instant Confirmation
When you file electronically, you’ll receive instant confirmation of your submission. This ensures you know right away if your filing has been accepted, giving you peace of mind that your tax obligations are met on time.

Steps to Complete Your Chemicals
Excise Tax Filing Online

STEP 1
Enter Business Details
Provide your business name, address, EIN, and contact information.
Filing Steps Image 1
Filing Steps Image 2
STEP 2
Tax Information
Navigate to Environmental Taxes and select Chemicals (Other than ODCs) IRS Number 54.
Enter
  • Tax date
  • Chemical name
  • Number of tons
  • Tax amount
STEP 3
Payment Information
Review the tax amount and select your preferred payment method to finalize the filing.
Filing Steps Image 3
File Form 720 Online

Why Choose Simple720 for Filing
Your Chemicals Excise Tax?

Easy Navigation
Our platform is designed with user experience in mind, guiding you through the filing process effortlessly. From entering your business details to submitting your payment, Simple720 simplifies each step.
Affordable Pricing
We offer competitive pricing with no hidden fees, making it an affordable solution for filing your excise tax. With Simple720, you can save both time and money while staying compliant with IRS rules.
IRS-Authorized Filing Solution
Simple720 is an IRS-approved platform for submitting Form 720, including Superfund chemical excise tax filings. Your submissions are securely processed and transmitted directly to the IRS, ensuring compliance and accuracy.

Simple720 Vs Others

IRS Authorized e-Filer Brand X Brand Y Brand Z
Cloud-Based Yes No No No
Software Download None Yes-PC Only Yes Yes
License None Required Required Required
Annual Contract No Required Required Required
All Excise Taxes Yes Fuel Taxes Only No No
Cost $59.95/return $1,000+/yr. $1,500+/yr. $5,000+/yr.
Testimonial
What Clients Are Saying
- A client from Texas

Seamless Filing Experience
Simple720 made filing my chemical excise tax so much easier. It walked me through every step without any confusion.

- Chris Lam, CPA, Florida

Fast and Accurate
I was concerned about filing on time, but Simple720 helped me avoid penalties by filing everything accurately and on time.

- Martha Angeline, Indirect Tax Manager, Washington

Organized and Reliable
Our audit went smoothly because we could quickly access all of our past filings from the Simple720 dashboard.

File Form 720 Online

Frequently Asked Questions

Yes, Simple720 allows you to file for multiple chemicals in a single submission, saving you time and effort.

Missing the filing deadline could lead to penalties. We recommend filing as soon as possible, and Simple720 can send you reminders to help ensure timely submission.

Simple720 pulls from the IRS’s up-to-date tax rates for each chemical and automatically applies the correct tax amount based on the chemical classification you enter.

Yes, both manufacturers and importers are responsible for filing this excise tax for any chemicals they produce or bring into the U.S.

If detailed chemical data isn’t available, the IRS uses a default rate for tax calculations. However, filing electronically ensures you can review and adjust information before submitting, reducing the risk of errors.

Want to learn more?
Request a free demo today! Our experts are ready to assist you.

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