A new 1?deral excise tax now applies to certain remittance transfers made after December 31, 2025. If your business sends money abroad for customers who pay with cash, a money order or a cashier’s check, you may need to collect the tax, deposit it and report it on Form 720. EasyFile720 includes IRS No. 155 in its e-file workflow with automatic 1?lculation and Schedule A tracking, so you can prepare and submit your return online. Get the details here:
https://easyfile720.com/form-720/remittance-transfer-tax