HVUT Tax Form 2290

WASHINGTON, (JUNE 5, 2012) The Internal Revenue Service is encouraging tax preparers to take a new competency exam as soon as possible. To date, over 4,800 people have become Registered Tax Return Preparers, according to the IRS. The IRS is urging an estimated 340,000 preparers required to take the test to do so as soon as possible so they will have more time if they need to retake the test and to avoid a potential flood of last-minute test takers. CPAs, Enrolled Agents and attorneys are exempt from the test because they already have other testing requirements as part of their credentials. Certain non-signing preparers supervised by CPAs, EAs or attorneys are exempt, as are non-1040 preparers. The RTRP competency test is currently available at more than 260 vendor testing centers nationwide. Preparers can determine if they have a test requirement by going to their online PTIN Account at  www.irs.gov/ptin . Preparers also can set a test date, time and location throu...

Last year, The Internal Revenue Service announced that they will not be mailing Form 2290 to taxpayers. This step was taken due to the increase in electronic filing . Although the IRS Requires Trucking Companies with 25 or more Heavy Vehicles to e-file, the IRS actively encourages everyone needing to file the Form 2290 electronically . The IRS has legitimate reason to do this because filing electronically is the quickest, easiest, and safest way to file tax returns. Fortunately, it has become incredibly easy to file Form 2290 or other Tax forms associated with the Heavy Vehicle Use Tax (HVUT) such as Form 8849. All you have to do is log on to www.Tax2290.com and start filing. You can file your for Form 2290, 2290 Amendment, Form 8849, Form 720, and Fuel Tax (IFTA) through www.taxexcise.com . The easy-to-use system created by the Tax2290.com allows the user to walk through the process at their own speed and asks questions in plain English, not confusing tax jargon. ...

Effective May 21 , the IRS will begin issuing only one EIN (employer identification number) per responsible party each day, a change from the current limit of five per day. This limit applies to all requests for an EIN whether online or by phone, fax or mail. This policy was implemented to ensure fair and equitable access to all applicants with legitimate tax administration-related needs. It also ensures the EIN system continues to operate effectively. What is an EIN? An   Employer Identification Number (EIN)   is a nine-digit number that IRS assigns in the following format: XX-XXXXXXX. It is also known as a   Federal Tax Identification Number   and is used to identify the tax accounts of employers and certain others who have no employees. However, for employee plans, an alpha or the plan number may follow the EIN. The IRS uses the number to identify taxpayers that are required to file various business tax returns. EINs are use...

Do you possess bulk number of vehicles? Do you find it difficult to upload data for multiple vehicles? Are you searching for the apt software that offers bulk uploads facility? Worry not, Tax2290 offers you the facility to accomplish the task successfully. With Tax2290 you can easily upload bulk vehicle details. Let us now see the various other benefits offered by Tax2290 to its tax payers.  Tax 2290 : Is an IRS authorized e-file provider, thus is a very reliable and secure e-file service provider. Is designed by experts with 2 decades of tax experience. So you can expect professionalism and precision in the service provided by Tax2290. Has a Tax Meter showing the user’s tax due or refund at every step. Thus you can track the progress of your filing process instantly. Provides Bulk Uploads facility for unlimited vehicle data upload. You need not key in data one by one and waste time. You can save time and energy using this facility....

When you have Vehicle identification numbers (VIN) of up to 17 characters with mixed numbers and letters, mistakes happen. For example, You type 5 instead of S. Let’s say that you file form 2290 and pay $550 to IRS and get your Schedule 1  You take it to the DMV or the Carrier, then you realize that the Schedule 1 has the wrong VIN. What do you do?  Thanks to IRS and Tax2290.com , IRS introduced VIN correction using form 2290 in 2009, a couple of years after introducing E-filing for Form 2290 . If you make a mistake in VIN, you can send an amended Form 2290 to IRS and get the Schedule 1 corrected. But the bad news was that VIN Correction on Form 2290 can’t be E-filed, it must be printed and mailed in. It took 4-6 weeks to get the corrected Schedule 1 from IRS. All this changed in 2011, when Tax2290.com , working with IRS, started to E-File VIN Corrections and was able to get the corrected Schedule 1 in minutes .  Adding to it Tax2290.com   added addit...

IRS wants you to file an amendment to the originally reported Form 2290, if filed with incorrect information. There are 3 types of amendments IRS offers for  e-filing : Increase in taxable gross weight: Amendment is filed if the taxable gross weight of a vehicle increases during the period and the vehicle falls in a new category. For instance, an increase in maximum load customarily carried may change the taxable gross weight. Report the additional gross weight for the remainder of the period on Form 2290 and also mention the month in which the taxable gross weight increased. IRS Form 2290 amendment must be filed by the last date of the month following the month in which the taxable gross weight increased.  www.Tax2290.com  helps you to report the extra gross weight and accurately calculates the additional taxes. Suspended Vehicles exceeding the mileage use limit: Amendment is filed if the mileage of the suspended vehicle exceeds from the previous rep...

Tax season is among the most dreaded times for businesses. If you have a firm that owns a fleet of trucks, its time to know about the tax form 2290 . How important is tax form 2290? :  If you drive a vehicle, you've probably experienced the ups and downs of highway use . Highways can sometimes be in good condition and at other times in bad shape. Such things happen as certain roads degrade due to the large amount of vehicles passing through it on a daily basis. In theory, more heavy vehicles passing on roads imply more weight put on pavements. Weight increases the natural wear and tear and inevitable destruction of highways. The tax form 2290 retains structural integrity of highways by providing the government proper funding for road maintenance. Part of the funds would go to fixing certain areas with potholes or cracks. Others may go to looking at road safety to figure out if repairs should be made. Overall, it will help highways become safer for everyone. Should...