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.
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.