In order to E-File IRS Form 2290 and get a stamped Schedule 1, the process can be rather complicated. Fortunately, ExpressTruckTax has a solution to make this filing process as simple as possible.

Here are the traditional instructions:
• The First Step to Receive a Stamped Schedule 1 for your Heavy Vehicle Use Tax (HVUT) is to fill out the IRS Form 2290. The Schedule 1 is generated by the information entered in this form. This can be done either by hand or online.
• This Form then needs to be taken to the nearest IRS Office along with a proof of payment or proof of EFTPS (Electronic Federal Tax Payment System) Payment. This could also be mailed to the IRS as well.

o If the form is mailed to the IRS, it can take 4-6 weeks before it is processed.

o If the form is actually taken to the IRS, the nearest office may be many miles away. There can also be very long waiting period at the IRS office of up to several hours.

o Both options are very time consuming.

o The IRS will then review your Form 2290 and when it is verified, they will stamp it and return a portion of it to the taxpayer.

The Stamped Schedule 1 is required in order to register a vehicle. So it can be very stressful to wait until the last minute to register your vehicle because you are waiting for the IRS to send you a stamped schedule 1.

Although these are the traditional ways of getting a Stamped Schedule 1, an easier way has come about in the past few years. E-Filing has become more and more popular among taxpayers and tax professionals. The IRS itself recommends E-Filing as their preferred method for filing most tax forms. A leading provider of this service for those in the Trucking or Transportation industry is www.ExpressTruckTax.com.

Instead of waiting for hours or up to 6 weeks for the IRS to stamp your schedule 1 and send it back to you, Express Truck Tax will get your Stamped Schedule 1 within minutes of filing. When you login to the site, you can enter the information for the Form 2290, and Express Truck Tax will then create a Schedule 1 based on that information. That form will be sent to the IRS electronically, and they will then send the stamped Schedule 1 back to Express Truck Tax, who will then automatically email the file to the taxpayer.

This document can also be faxed as well as emailed to the taxpayer as soon as the IRS processes the form. The form will be transmitted with a watermark as well as an IRS E-File logo since the document will not be physically stamped. When ExpressTruckTax sends the Stamped Schedule 1 to the taxpayer, it will be sent as a pdf attachment. Although the form will not be physically stamped, the official E-File watermark serves as an official IRS stamp.

The law provides penalties for failing to file returns or pay taxes when due. There are also penalties for filing false or fraudulent returns. These penalties are in addition to interest charge on late payments. The penalty for filing a return late or paying the tax late will not be imposed if you can show reasonable cause for not filing (or paying) on time. If you file after the due date (including extensions), attach an explanation to the return to show reasonable cause.

Penalties for HVUT non-compliance are costly to motor carriers. The penalty for failing to file IRS Form 2290 by Due date is equal to 4.5 percent of total tax due, assessed on a monthly basis up to five months. Late filers not making an HVUT payment also face an additional monthly penalty equal to 0.5 percent of total tax due. Additional interest charges of 0.54 percent per month accrue as well.

Based on these rates, an HVUT liability that was originally $550 would climb to over $700 by the end of the five-month period of delinquency. In addition to these federal penalties, many states suspend the registrations of vehicles for which proof of HVUT payment has not been provided.

Penalties for HVUT non-compliance for states are even more costly. The Secretary of Transportation has the authority to withhold up to 25 percent of the state’s Interstate Maintenance funds [23 U.S.C. 104(b)(5)] if it fails one of its periodic compliance reviews.

When an examiner detects non-compliance, any findings should be presented to management in the FHWA division office. Based on the assessment performed by FHWA division management, the matter may need to be brought to the attention of the U.S. DOT Office of Inspector General (OIG). If the OIG launches an investigation, the compliance review report will be delayed because information presented within it could be used as evidence during the criminal investigation.

Once all criminal investigations and prosecutions are complete, a finding of non-compliance may be made public. The procedures for dealing with a finding of non-compliance are detailed in 23 CFR 369.12-369.17. In the event that a state is found to be in non-compliance, the following procedures are followed:

• The Division Administrator notifies the Governor via certified mail of the finding of nonconformity
• The state is given 30 days to request a meeting to present evidence to overturn the nonconformity finding or to identify steps taken to bring the registration program into conformity
• The state has the option to present evidence in written form
• If the finding is changed to compliant, the Administrator issues a final decision and the matter is concluded
• A finding of nonconformity requires the authorization of the Secretary of Transportation and must be served on the Governor or his or her designee

Where is Form 2290 filed?

It’s possible to paper file your Form 2290 with the IRS, visit www.irs.gov for more information on paper filing. The IRS encourages all filers to file electronically, and it is required of those reporting 25 or more vehicles. You can get your filing done at Expresstrucktax.com and save time and money. IRS authorized e-filers like http://www.Expresstrucktax.com have additional information and contextual help windows to make filing taxes less taxing.

Make sure to have your name and business name, location, EIN, and the VIN of every vehicle you wish to file.

With Express Truck Tax, an IRS-Authorized e-file provider for Filing Highway Use Taxes Online, there are several different options for paying the IRS Tax amount due. The IRS accepts Electronic Funds Withdrawal, EFTPS, check payments, or money orders.

The process for Electronic Funds Withdrawal and EFTPS is fairly simple. However, many people do not fully understand the process of paying by check or money order. Most people think that they will not receive a Schedule 1 until the tax is paid. If that were the case, it would make little sense to E-File online.

The Stamped Schedule 1 from the IRS will be issued for simply filing the Form 2290. It does not have to be paid to receive this form immediately. That is where people get confused about paying by check or money order. If the taxpayer elects to mail a check or money order, they will still receive a Stamped Schedule 1 immediately.

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When filing the IRS Form 2290 online through ExpressTruckTax.com there are several payment options. The IRS accepts Electronic Funds Withdrawal, EFTPS, checks, or money orders.

An Electronic Funds Withdrawal can be from either a checking or savings account. All that is needed to set this up is a routing number and an account number. An exclusive service that Express Truck Tax offers is the option to also pay the processing fees through Electronic Funds Withdrawal as well. Most other options require the fees to be paid by credit cards, but Express Truck Tax offers the ability to pay the taxes and fees from the account.

EFTPS stands for the Electronic Federal Tax Payment System. To pay using this method, one must already have an account set up with EFTPS. If you do not already have an EFTPS account, it can take 2 weeks or more to create one.

And of course there is also the option to pay either by check or money order. For either of these forms of payment, you can download a payment voucher from Express Truck Tax after you have gone through the process of filing. If you selected to pay by check or money order, you will have the option to download a Payment voucher from the Action column of the dashboard of your account. With this voucher, you can mail the check or money order to your local IRS office. Even if you select to pay by check or money order, you can still E-File the Form 2290 instantly. The Form will still be accepted by the IRS and the person filing will still receive a stamped schedule 1 within minutes. The check or money order would be due by November 30th.

To pay the minor processing fees to Express Truck Tax, you can pay by debit card, credit card, or by an Electronic Funds withdrawal. If you choose to pay by electronic funds withdrawal, you can use the same account that the taxes were paid from.

For Service providers such as tax professionals or Trucking associations that need to file many 2290 Forms. Express Truck Tax also offers several prepayment options. This includes buying credits for future returns, unlimited returns per client, and unlimited filings for the year for various prices.

www.ExpressTruckTax.com allows you to fill out your IRS Form 2290 online and send it to the IRS electronically! This way you can get a stamped schedule 1 in about 10 minutes. Express Truck Tax is authorized by the IRS to E-File Form 2290. The taxpayer will then receive the schedule 1 via email or fax as soon as the IRS processes the form. The form will then be watermarked by the IRS instead of an actual physical stamp. Be sure to get this taken care of soon because the due date for all vehicles.

On November 1, 2011 the IRS began accepting E-Filing of the IRS Form 2290 for the 2011 – 2012 Tax Period. Since then, there has been a record amount of E-Filing of the Form 2290 through ExpressTruckTax.com. Due to a delay in the filing process, the Form 2290 is due by November 30 for each vehicle that has a First Use Month of July, August, September, or October of this year. Due to this short filing season, it is especially beneficial to E-File this Tax Return online.

Thousands have already used ExpressTruckTax.com to file this form for filing Heavy Vehicle Use Taxes. HVUT is an annual tax which is imposed on heavy vehicles weighing 55,000 pounds or more that operate on public roads. The funds from this tax help fund highway projects.

Some of the benefits to filing a HVUT return with Express Truck Tax include the following:

File with ExpressTruckTax and receive:
• The Best Value in the Industry
• Account setup and full service support for free
• Free VIN Corrections
• Receive Stamped Schedule 1 back in Minutes
• Automatic notification to your trucking/leasing company

Award Winning US-based Customer Support:
• Based in Rock Hill, South Carolina
• Personal account manager for your business
• Live phone, email, and chat support
• Help text and videos throughout the application
• Tax Professionals and IT Experts ready to help at a moment’s notice
• File online or over the phone
• 98% customer approval rating
• Trusted by many of the largest carriers and service providers in North America

A State-of-the-Art Application:
• Most features available
• Receive Email, Fax, and FTP copies of your Schedule 1
• Bulk upload taxable, suspended, and credit vehicles
• Automatically generate refund or credit applications (Form 8849)
• Maintain unlimited businesses and unlimited vehicles with a single login

Don’t waste any more time! Get your Form 2290 Filed today and join the thousands of others who have received their Schedule 1 in minutes! HVUT is due on November 30. You can always contact Express Truck Tax for any Truck Tax questions!

Anyone with serious experience in the trucking or transportation industry will tell you that there are many more business and economic responsibilities for truckers and Owner Operators besides simply getting something delivered at the right time and place. Heavy Vehicle Use Tax, or HVUT, is one of the most common taxes that the IRS imposes on heavy highway vehicles in the United States. Paying this tax properly involves filing the IRS Form 2290 and then receiving a Stamped Schedule 1 from the IRS. This Form is so easy to E-File online, and thanks to Express Truck Tax, there is no reason to be late, as you can see from the following points:

•IRS Fines

The IRS can add all kinds of interest and late fees, but if you end up in court over the matter it will lead to the court costs as well as heavy fines. Unless you enjoy IRS Audits and spending time in courtrooms, it is a terrible to not pay your taxes.

A Form 2290 can be filed at any time after the deadline has passed but the tax due may be subject to penalties and interest. The penalty for failing to file IRS Form 2290 in a timely manner is equal to 4.5 percent of the total tax due, assessed on a monthly basis up to five months. Late filers not making an HVUT (Form 2290) payment also face an additional monthly penalty equal to 0.5 percent of total tax due. Additional interest charges of 0.54 percent per month accrue as well.

•Taxes help improve public roads

Paying taxes is never a joyful experience, but you should get some gratification in the fact that much of the taxes paid for HVUT go back into the cost of roads and highway expenses. It just makes sense; if you enjoy using something, you shouldn’t mind paying for it.

•Not filing or not paying is a felony

Fines are bad enough, but it could be worse. Going to court can lead to criminal charges. The IRS & state governments could prosecute anyone who purposely cheats to avoid paying the truck tax. It can also lead to time in prison.

•Stay focused on your business

If these are not paid in a timely manner, the previously mentioned fines, court appearances, and possible jail time could seriously put a halt on your business. The time and energy spent worrying about IRS Audits, Fines, and Court Dates is not worth it.

•It’s So Easy

With Express Truck Tax, their team of Truck Tax experts will guide you through the process. All you need to do is login to www.ExpressTruckTax.com and start entering the vehicles that you need to file for. If there are any questions, you can call them at 704.234.6005 or send an email to support@ExpressTrucktax.com.

When you E-file IRS form 2290 with expresstrucktax.com there is no reason that it would not be on time as long as you submit it before the deadline. This year it is even more important to be sure to file on time because the Form 2290 must be filed within the month of November. With this close time frame, it is best to E-File instead of risking it getting lost in the mail. It’s made as easy as 1-2-3 to e-file truck tax with Form 2290 and gets IRS stamped Schedule 1 in few minutes. Avoid IRS penalties and Audits by keeping your 2290 records with express truck tax.