Excise Name Resolution For Free

The Error Resolution System (ERS) is used by the IRS to identify and address tax return errors made by taxpayers, tax return preparers, and IRS employees during tax return processing.

Contact an IRS customer service representative to correct any agency errors by calling 800-829-1040.

Among this year's corrections, 7.4 million returns were passed on to what the IRS calls the ?Error Resolution System,? meaning they have to be reviewed further for mistakes or omissions. That's where the delays really kick in. The good news is, the IRS will tell you if a math error is holding up your return.

Key Takeaways An excise tax is similar to a sales tax, but it's levied only on certain products or services. The most common excise taxes are imposed on tobacco, alcohol, and gasoline.The tax is generally payable by the manufacturer.

General fund excise taxes are imposed on many goods and services, the most prominent of which are alcohol, tobacco, and health insurance. Other general fund excise taxes include taxes on local telephone service, vehicles with low-mileage ratings (?gas guzzlers?), ozone-depleting chemicals, and indoor tanning services.

The review process could take anywhere from 45 to 180 days, depending on the number and types of issues the IRS is reviewing.

There are four common types of excise taxes: (1) sumptuary (or ?sin?) taxes, (2) regulatory or environmental taxes, (3) benefit-based taxes (or user charges), and (4) luxury taxes.

Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks.

Excise taxes are taxes that are imposed on various goods, services and activities. Such taxes may be imposed on the manufacturer, retailer or consumer, depending on the specific tax.

Excise taxes are commonly levied on cigarettes, alcoholic beverages, soda, gasoline, insurance premiums, amusement activities, and betting, and typically make up a relatively small and volatile portion of state and local and, to a lesser extent, federal tax collections.