FILE YOUR FUEL REPORTS WITH 100% CONFIDENCE

 

Everflow produces IRS Terminal Operator (720-TO), Carrier Summary (720-CS) EDI (Electronic Data Interchange) and signature ready forms in minutes.

 

If you are a Terminal Operators and Bulk Fuel Carriers (pipeline, vessel and barge operators), you are required to file monthly information returns electronically when the transaction count equals or exceeds 25 during a monthly filing period. Each receipt of liquid product and each disbursement of liquid product constitutes a separate transaction even if it is a single movement of fuel.

Terminal Operator Report

Form 720-CS is required to be filed by bulk transport carriers (barges, ships, and pipelines) who receive or deliver products in or out of storage at a terminal, or any other location designated by a facility control number (FCN). Pipelines only file for receipt or delivery transactions at an approved terminal.

Carrier Summary Report

For more information about ExSTARS, go to https://www.irs.gov/businesses/small-businesses-self-employed/exstars-facts.
For more information about Federal Excise Tax go to, https://www.irs.gov/businesses/small-businesses-self-employed/excise-tax.