Don't forget, if you provide tanning services, the first payment of the new 10-percent tanning tax is due Monday, Nov. 1. The payment is made along with Form 720, Quarterly Federal Excise Tax Return.
As you probably recall, the tax went into effect on July 1. Providers of indoor tanning services collect the tax at the time the purchaser pays for the tanning services. The provider then pays these amounts to the government, quarterly, along with IRS Form 720. Here is a good link to the IRS with Q&A on the tanning tax.
http://www.irs.gov/businesses/small/article/0,,id=224600,00.html
