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Tanning Excise Tax Form 720 Released
Posted on: 08/20/2010


 

The updated tax document, Form 720 – complete with a line for indoor tanning salon owners to input the 10 percent tax on UV services – is now available online at the IRS site. See Part II, line 140. There is also a section with instructions should you need to reference it.

Salon owners wishing to e-file should note that the IRS will only accept e-filed tax documents from certain preparers. Visit the IRS site for more information.

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