2290 Heavy Truck Tax Return Electronic Filing with Tax2290
The IRS Tax Form
2290 is used to report the annual federal heavy vehicle use tax
returns with the IRS. Tax Form
2290 can be electronically prepared and reported through TaxExcise.com. It is always easy, safe
and quick when you choose to file 2290 returns electronically, IRS as well will receive your returns process it faster and
issues you back the stamped Schedule-1 after accepting it.
You must file Form 2290 and Schedule 1 for the tax period beginning on July 1, and ending
on June 30, if a taxable highway motor vehicle needs to registered or renewed
under your name with the state authorities. Every truck operator may be an
individual, or a limited liability company (LLC), or a corporation, partnership
firm, or any other type of organization (including nonprofit, charitable,
educational, etc.) need to report 2290
Truck Tax Forms irrespective of reporting taxable or suspended
vehicles.
Here’s what you need to know:
·
If you have vehicles with a
gross weight of 55,000 pounds or more that travel 5,000 miles (7,500 miles for
a farm vehicle) or more annually on public highways, you must file IRS Form
2290 Heavy Vehicle Use Tax;
·
If you have 25 or more
vehicles that are 55,000 pounds or more, you must file electronically report
your 2290s;
·
You must have an Employer
Identification Number (EIN) to file Form
2290; you cannot use your Social Security Number or any.
·
You may choose Direct Debit
or Electronic Funds Withdrawal option or EFTPS to make your tax due with the
IRS.
·
IRS
stamped (watermarked) Schedule-1 would be shared with you
on the same day of filing, could be in 10 to 20 minutes from filing and once
accepted.
Electronic
Filing for 2290 Tax Reporting
Form 2290 and
Schedule -1 could be prepared and reported electronically with the IRS,
anyone who requires to file 2290s can use TaxExcise.com to file it
electronically. However IRS makes it mandate for fleet owners or vehicle
operates reporting 25 or more vehicles in a tax return. Electronic filing is
safe, secured and fast; quickest way of filing 2290
returns with the IRS.
Benefits of
Form 2290 Electronic Filing.
The foremost is
receiving back your IRS
stamped Schedule-1 proof instantly, IRS could receive your returns and
process it faster than any other way of filing. Choosing online filing or
electronic filing eliminated all possible human errors that could happen in a
tax return. Let see some of the larger benefits of e-filing with TaxExcise.com
·
Faster Processing
- e-filed returns are processed much faster than paper filed returns.
·
Proof of
Receipt - confirmation that your return was received and accepted, IRS
stamped Schedule-1 proof is sent to your mail inbox immediately.
·
FAX
copies – receive copies of your Schedule-1
to your FAX instantly and a copy to your email inbox.
·
Convenience
- available online 24 hours a day, 7 days a week. File your 2290 tax returns any time. File
amendments and correction on the same day, in less than an hour.
·
Ease of
use - user friendly, with step-by-step instructions and clear screens
indicators to walk you through the filing process. E-file is a cake-walk
·
Greater
Accuracy in Processing – zero down math errors because TaxExcise.com
software catches many mistakes and will not sent an incomplete return to IRS.
·
Pay Right
– while you e-file you pay the tax that you owe not extra or less.
·
Electronic
Payment - convenience of direct withdrawal of tax due and EFTPS option to
make payments.
·
Less Hassle,
No Mails - no mailing of paper returns and waiting for mails for weeks,
everything is managed electronically and digitally.
·
Security
- safer than mailing your tax return and sent right to the IRS server no more
data loss.
·
Avoid
paying extra – when you e-file you can make sure your return reaches them
well in the time frame no late penalties or late filing charges.
·
Import
tax return – you could import the tax returns from your previous years and
no need to look around for details in your files.
·
Bulk Upload
– when you file for larger fleets you can bulk upload the VIN# from your excel
spread sheet and no need of keying in one after the other.
·
No more
typos – while you e-file you won’t get typos such us 1 for I or 0 for o
etc.
Electronic filing is
by and large the best way of reporting 2290
heavy vehicle use tax returns with the IRS and through TaxExcise.com you
get the best available resources. The most trusted and rated website since
2007.