Posts

Showing posts from 2012

Is Form 2290 needed on an Exempt Vehicle?

IRS Form 2290 is used to pay Heavy Highway Vehicle Use Tax (HVUT). IRS Form 2290 payment is set up to help provide funding to federal states to repair the roads damaged due to running of Heavy highway vehicles. Extensive running of Heavy highway vehicles weighing more than 55,000 pounds can cause repairs on the road. Thus the taxes collected through IRS Form 2290 helps for the maintenance and repair as well as a variety of other programs to keep the roads to function properly. Any vehicle that has a gross weight of 55,000 lbs or more requires a Form 2290 to be filed with the IRS. And the taxes are paid on vehicles which runs 5,000 miles or above. We receive a many of calls inquiring If the Form 2290 is required on a vehicle runs less than 5,000 miles or mainly used for farming purposes ? Here is the answer : A highway motor vehicle which runs 5,000 miles or less (7,500 miles or less for...

Tax2290.Com | Truckers One Stop Solution!

There is a lot of paper work involved, and you have to comply with many legal formalities when filing any federal tax Forms. For truck drivers and heavy duty vehicle owners, IRS Form 2290 Tax must be paid and a stamped schedule-1 copy must be received before truck permits are granted on each heavy duty vehicles. In order to avoid errors and mistakes that could probably happen by an inexpert, seeks service providers that can assist them to get their heavy duty tax paid in quick and easiest way since nobody has time and patience to wait to get the stamped Schedule-1 received. Hence, as the demand and supply function behaves, there are many providers that provide this service, popularly referred to as Form 2290 E-file service . The provider providing the E-filing service have to comply with the rules and regulations laid down by the IRS. Tax2290.com is the 1 st IRS E-file service provider provides the following services to the truckers looking for truck related solutions:...

E-file Form 2290 – A Better Service with Speed & Price

Years back when we had to schedule our dates and times to have our things done and travel miles away not seeing our family & friends for a day or two or may be longer. Then a little later, when technology came into existence and we developed. We had limited product or services available to save us Time & Money. Today, thanks to the technology which helped develop so fast that now we confuse ourselves to choose the best available product or service out of many. We all are busier than at any other time in history. We’re working longer hours, raising families, and busy with other responsibilities and activities. When we want to buy a product or to use a service, we want to do it quickly, and we want to get the best price and service possible. Are we meeting those needs? As we all know every bright side has a dark side. There are also a many scammers out there which may try to trap you in. So in-depth analysis before decide upon choosing a service is always safe. There are ...

Happy Birthday, America

Image
Good Morning USA!! www.Tax2290.com team wishes you all a Very Happy 236th Independence Day!! The month of JULY is not just the beginning of HVUT Form 2290 Tax year; it is the Month of our Independence Day. On this Happy Day we’re offering a Flat 20% discount to all proud Truckers and CPAs out there to e-file Form 2290 valid only for the week of Independence Day.  Use Coupon Code - “2290USA” As the Form 2290 Tax Period begins from July, any truck that has a Gross Weight of 55,000 lbs or more must have a Form 2290 filed. IRS Form 2290 filing due dates are restored back to its traditional filing dates for the Tax Period July 1 st 2012 –June 30 th 2013. Which means your HVUT is due on the normal date of August 31, 2012 for vehicles first used in July 2012. No more keeping track with the IRS updates as to when Forms would come out and when to file. The new Forms for 2012-13 are available at www.Tax2290.com to be filed electronically with the IRS and we hav...

It's Time To File Your Form 2290 (HVUT)

Image
The month of July and August are very important for folks in Trucking, July every year marks the beginning of a new Tax Year for HVUT Tax Form 2290 . Any Truck that has a Gross Weight of 55,000 pounds and above has to have a Tax form 2290 filed for it every year in month of July or Latest by the end of August. Unlike last year when the filing of Tax form 2290 got delayed till November, this year the filing dates for Tax form 2290 (HVUT) has been restored to its Traditional filing dates. As always Tax2290.com is ready to accept returns for the New Tax Year 2012 - 2013 . So Avoid the last minute rush or  don't sit idle expecting the IRS to mail a Tax form 2290 to you because the IRS will not be mailing across the forms anymore. Act fast get ahead of the crowd log on to Tax2290.com, IRS Certified E-file provider and Complete your filing of Form 2290 ASAP. Tax2290.com is now ready to accept Tax Returns for the Tax Year 2012 - 2013.File your...

Filing and Paying Tax | Form2290

Image
Heavy vehicles pay an annual federal excise tax for use of the public highways. Form 2290 must be filed at the beginning of the tax year and payments of this tax must also be made at the beginning of the Heavy Highway Vehicle Use Tax year. Definition of a Heavy Vehicle Heavy vehicles that use public highways must also pay a yearly federal tax. The IRS defines heavy vehicles as trucks, trailers and buses with a gross vehicle weight of 55,000 pounds or more. Gross Vehicle Weight includes the total weight of a loaded truck in addition to any trailer it might be pulling. When to File Form 2290 IRS Form 2290 is used to pay the Heavy Highway Use Tax . The form is filed yearly and must be filed for each truck owned. The tax year for the Heavy Highway Vehicle Use Tax begins July 1 and runs through June 30 of the following year. The tax must be paid at the beginning of the tax year and the Form 2290 return must be filed by Aug. 31. Taxes on Mid-year Heavy Vehicle Purch...

Tax2290.com Fast, Faster & Fastest.

Image
"The United States has to move very fast to even stand still"  - John F. Kennedy Well said by the 35th President of The United States. The entire world is moving faster day by day. If you let the earth to take one simple rotation which means you have wasted a precious day in your short life. We all know the person who comes second in a race is not a winner, so who would like to be slow or left behind in the race of life.The entire world has become a place for Survival Of The Fittest. Likewise people out there in Trucking business know that they have to be fast if not they have to stay out of business.Out of Million task's to perform, the last thing they want is a trouble from IRS for not paying or filing  their Tax Form 2290 on time.We all know if there is one way to stay out of trouble, there will always be hundreds to run into one. One such thing is trying to File a Tax Form 2290 by paper and mailing it to the IRS . If you chose to file the Tax Form...

Tax2290.com - Trucker's Best Friend

Image
Have you ever wondered how important Time is for anyone who is in the Trucking Industry . Recently met a old friend of mine, who is a Truck Driver we had a short chat. He was accompanied by his fellow Trucker and that's when I realized how hectic their lives are. Trucking is not a typically scheduled job, chaotic would be a more accurate description. Too many variables weather, loading and unloading delays, appointments, breakdowns, traffic, etc., Also depends on what you haul, Flat beds don't usually get unloaded at night. Most shipping hubs are 24/7 but not all receivers. My friend over the chat said " Some days I feel the need to stop every 200 miles. Some days I drive for 11 hours straight. It all depends on the urgency of the load and my bodily functions.  It may seem like you're just dipping into that truck stop or gas station for a quick soda, but make sure you add in the time it takes you to find a place to park and get to the door, even if it's ...

Tax Form 2290 - Difference Between Last Year and This Year

Image
HVUT is one of the important taxes filed by every trucker and trucking company across United States every year. As the month of July is just four days away, the biggest question on everyone’s mind in trucking business is when is the Annual Tax Form 2290 to be filed. Though everyone in Trucking Business know the annual renewal of Tax Form 2290 is due in the month of July and August every year, there is a big confusion that prevails in Every Trucking Brain this year. The reason behind this confusion is that, there was a brief delay in IRS accepting the Tax Form 2290's last year (2011-2012). This happened because the Congress did not make up their minds till October in passing the Transportation Bill. Finally the decision was made in the month of October 2011 by the Congress and the Transportation Bill was passed rather it was renewed for one more year. So the IRS took few days to act to the decision made in Washington DC and started accepting the Tax Form 2290 ...

How To Pay Your Taxes For Form 2290

Image
There are three methods to pay the tax: 1. Electronic funds withdrawal (Direct Debit). 2. Electronic Federal Tax Payment System (EFTPS). 3. Check or money order . How To Make Your Payment : Electronic funds withdrawal (Direct Debit):   If you are  filing Form 2290 electronically , you can authorize a direct  debit to make your payment. You will be providing your bank account information like your Bank Name, Account Type, Account Number and Routing Transit Number along with your filing. The funds will be automatically debited  from your Bank Account b the IRS . EFTPS :   Using EFTPS is voluntary, but you must enroll in  EFTPS before you can use it. To get more information or to  enroll in EFTPS , visit the EFTPS website at www.eftps.gov or  call 1-800-555-4477 (24 hours a day, 7 days a week).This way one has to log on to  www.eftps.gov  website and schedule a payment to the IRS before the due date. NOTE: ...

E-FILING FORM 2290, HEAVY HIGHWAY VEHICLE USE TAX

Image
Differences between the Paper and Electronic Filing Processes: Q . Are paper filed Form 2290s handled any differently than those e-filed?   A . Yes, there are differences in the processing of paper returns verses electronically filed returns. Paper returns are processed manually. If a paper return is filed containing duplicate vehicle identification numbers (VINs), manual procedures are done to identify and correct the error. Paper returns can be filed multiple times and are generally accepted. Paper filers will receive a hard copy stamped Schedule-1. Electronically filed returns can be submitted more than once. However, if the second return is filed for the same EIN and tax period, listing the same VIN number and category shown in the first position of the Schedule1, it will be rejected.  This is to ensure taxes are only paid once on each vehicle. Electronically submitted returns/ Schedule-1 VINs can be corrected through additional electronic filing Form2290 ...

Form 2290 is due June 30th, 2012 for vehicle first used in May 2012

Image
The IRS Tax Form 2290 is available now at  www.Tax2290.com   /   www.TaxExcise.com . Reminder   -   If your vehicle first used in  May 2012   since   July 1 st   2011,   you are required to file   IRS   Tax   Form 2290   by June  30, 2012. You will not be liable for any late filing   penalty  or   interest   if you meet this   due date.   We will provide stamped (receipted) Schedule-1within minutes to those who file and pay their tax through our application. No more travelling to any IRS office or standing in line.   CLICK HERE   to   start   your  FORM 2290,   it is simplified, more help text available and we bet it won’t take much of your time. www.Tax2290.com E-filing and Paying Your 2011 Excise Tax IRS e-file   for   FORM 2290   is now available for the tax period beginning   July 1, 2011. ...