Advantage of PCORI Filing Online
- Efficiency and Time-Saving Benefits
- Accuracy and Error Reduction
- Convenience and Accessibility
- Enhanced Security Measures
Filing your Salon's Tanning Taxes
Becomes incredibly simple with our user-friendly Simple 720 portal. Just log in, feed your information, and get the filings done in a few minutes!
- Can't handle your Tanning Tax Filing manually?
- Don't worry! Start e-filing today!
- No Software Download!
IRS Tanning Tax by Affordable
Care Act
- As a part of the Affordable Care Act (ACA also known as Obamacare, the Tanning Tax is a Federal Private Revenue Tax applied to American Indoor Tanning Businesses. The Excise Tax must be remitted quarterly on Form 720, which needs to be submitted by Indoor Tanning Services providers.
- An Excise Tax on all indoor tanning services is a part of the Tan Tax. The salon operators were directed to levy 10% of the entire amount received for the tanning service.
- Businesses that offer customer-based tanning services such as spas, gyms, and resorts, are subjected to the Tanning Tax.
Why Simple 720 for Tan Tax?
Domain Expertise
Simple 720 specializes in the inclusion of taxes particularly for the industry of tanning services. We work as a tax accountant, specializing in tanning services. We understand the individual tax demands and restrictions and file taxes with accuracy and compliance.
Simplified Process
With Simple 720, businesses get a fast, simple process that allows them to file their Tan Tax without a lot of hassle. We provide detailed instructions during the process to simplify the tax filing procedure for Businesses. We maintain zero risk of mistakes and save time.
Affordable Solution
Simple 720 is a great way to economize the process of Tan Tax compliance for Salon Enterprises. Through an online system for tax payment, we reduce the costs of Form 720 filing through our affordable e-filing services.
Just a Few Steps Online to Complete Your Tax on Tanning!
STEP 1
Business Information
Give primary specifics about your salon like the name and address, phone number, and Tax ID.
STEP 2
Tax Information
Provide details about tanning services, taxable sales, exemptions, and deductibles related to your Business for correct Tan Tax Reporting.
STEP 3
Payment Information
Fill up the payment form with your payment mode of choice and confirm the amount of the fee for the Tan Tax.
Advantage of Tanning Tax Filing Online
Drawbacks of Paper Filing
- Loss in Transit, Compliance Risks
- Time-Consuming Process
- Increased Risk of Errors
- Delayed Processing
What Our Customers Say?
Single Salon Owner
As a single salon owner, meeting the tax on tanning for a salon is a big burden. Nonetheless, filing through the Simple720 portal is so easy. They have a friendly user interface and their step-by-step procedure lets the entire process be conducted in an efficient and stress-free manner. I truly encourage Simple720.com to my other salon owners for worry-free tax compliance.
A CEO of Group of Salons
Tax regulations are of key importance for me. I need to ensure compliance with tax regulations across multiple locations. Simple720 online portal is a great find for Tan Tax filing. It helps us to meet timely deadlines and avoid the complexities of tax filings. I strongly recommend Simple720 Portal to other salons for a stress-free tax filing experience.
Manager of a Leading Spa
Simple720 has eased our Salon's Tanning Tax Filing in ways that we can’t even imagine. The 720 portal is very convenient, walking us through each section in sequence and answering any questions we have. They have an outstanding support team which is always ready to help us whenever we ask for assistance.
The Best IRS Approved eFile Provider for
Filing Your Tanning Tax
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Form 720 e-Filing
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Frequently Asked Questions
The federal tax on tanning salons was introduced in 2010 to generate revenue for healthcare programs and discourage the use of indoor tanning services. Prolonged exposure to UV radiation from tanning beds increases the risk of skin cancer, especially among young people. The 10% excise tax aims to reduce the demand for indoor tanning and promote public health.
Yes, tanning salon owners can file their tanning tax online using an IRS-approved e-file provider that supports Form 720. The online method is fast, secure, and ensures accuracy, making it the best choice for hassle-free submission. After entering the required details and paying any applicable fees, the form can be submitted electronically. Upon successful filing, confirmation is provided by the IRS.
The tanning tax is calculated at a 10% rate on the amount paid for indoor tanning services. The provider must collect the tax at the time of payment and remit it using Form 720, Quarterly Federal Excise Tax Return. Certain services like phototherapy performed by a licensed medical professional are exempt.
To file tanning tax online, use an IRS-approved e-file provider that supports Form 720. Ensure the platform is secure and follows IRS regulations for accuracy. Enter the necessary details, pay any service fees, and submit the form electronically. Upon successful filing, you will receive confirmation from the IRS.
If you don't file your tanning tax, you may face penalties and interest on unpaid taxes. The IRS may also take enforcement actions, including assessing additional penalties or initiating collection procedures. Failure to comply can result in increased financial liabilities over time.
Begin Your 720 Filing Today by Registering with Simple720
File Federal Excise Tax Online