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It’s Time to E-File the IRS Form 2290 for all vehicles first used in March 2012

April 27th, 2012
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Although the Heavy Vehicle Use Tax is imposed E-file IRS Form 2290 for vehicles first used in March 2012, the due date is April 30 2012annually, it is also mandatory for vehicles to file for this using the IRS form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1 and ends on June 30. For vehicles that are first used during the tax year, a prorated tax must be paid for the months that the vehicle was in use. This can be done with the IRS Form 2290 and the easiest way to file the 2290 is through ExpressTruckTax.com

When a new vehicle is placed in service, the Form 2290 must be filed by the last day of the following month. For Example, vehicles that were placed in service during the month of March will need to file HVUT using the 2290 by April 30. The tax will be calculated based on the number of months the vehicle will have been used during the tax year. Remember that the tax year for Heavy Highway Vehicles is from July to June. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For Example, if a vehicle was used on March 28th, It will be taxed as though it was used the entire month.

Although it is rare, some Vehicles that fit the above description may be exempt from the HVUT and Filing requirements of Form 2290. To officially be exempt from filing Form 2290, the vehicle must be owned and operated by the following:
• The District of Columbia
• The Federal Government
• state or local government
• Mass Transportation Authority (Only if granted certain powers normally exercised by the state)
• Non-Profit Volunteer Fire Department, Ambulance Association, or Rescue Squad
• Indian Tribe Government (Only if the Vehicle is Used for essential Tribe or Government Function)
• American National Red Cross
• Mobile Machinery that meets specifications for a chassis
• Qualified Blood Collector Vehicles

Heavy Highway Vehicle Use Tax Return (HVUT) IRS Form 2290 and Schedule-1

November 17th, 2011

Don’t Forget to E-File IRS Form 2290 This Year!

Although filing season has been delayed ExpressTruckTax has all your requirements fullfilled to file your Tax Online. HVUT must be filed between November 1, 2011 to November 30, 2011.

A Form 2290 return can be used for paying Heavy Highway Vehicle Use Taxes due for highway motor vehicles used during the tax period with a taxable gross weight of 55,000 pounds or more. It can also be used to calculate and pay taxes for vehicles that were previously listed as a Suspended Vehicle if that vehicle later exceeded the mileage threshold during the tax period.

HVUT, or Heavy Vehicle Use Tax, is a federal highway tax imposed annually on trucks, truck tractors, and buses using public highways. The tax applies to vehicles with a taxable gross weight of 55,000 pounds or more. Form 2290 is used for filing this tax and upon acceptance, the IRS will provide a Stamped Schedule 1 as proof of payment and can also be used to register the vehicle at the DMV.

Vehicle Owners and Operators use ExpressTruckTax.com to eFile HVUT using Form 2290 and receive a Stamped Schedule 1 in minutes.The IRS encourages all taxpayers to file the Form 2290 electronically for Heavy Highway Vehicle Use Tax Returns for 2011-2012. Electronic filing is required for taxpayers with 25 or more vehicles.

Express Truck Tax offers E-Filing for Form 2290 for as little as $9.90

November 15th, 2011

ExpressTruckTax.com makes filing truck taxes easy. With step-by-step help and an excellent USA based support team, an IRS Form 2290 or 8849 can be filed in minutes.

ExpressTruckTax.com is now accepting the IRS Form 2290, Heavy Vehicle Use Tax Return (HVUT), for the 2011-2012 tax years. Their fast and intuitive system is as powerful as it is versatile. Whether it’s a one-man trucking company, or a national corporation with multiple fleets, everyone can get far when they’re rolling with Express Truck Tax.
Here are some of the services that Express Truck Tax has to offer:
Easy-to-Use System
-Contextual help and video guides with clear instructions appear throughout the process. They’ve done everything possible to make taxes less taxing.
Real-Time Notifications
-Get notifications about the status of a tax return through emails, text messages and even fax! The Schedule 1 can be emailed or faxed automatically to a trucking or leasing company.
Quick Credits http://www.expresstrucktax.com/
-While filing Form 2290, the system can identify credits and help users quickly and easily file Form 8849, so users get their money back from the IRS faster. An IRS Form 8849 is automatically generated when tax credits exceed the amount of tax due.
Bulk Upload
-Companies with more than 25 trucks are required by the IRS to e-file Form 2290. Instead of entering each truck one by one, entire fleets can be uploaded using an Excel spreadsheet.
Express Truck Tax is offering the greatest value in the industry for HVUT e-filing; there are also dozens of prices and packages to suit any company in any situation. Tax professionals can take advantage of deep price discounts and special packages for their clients. The tax system is so fast; a stamped Schedule 1 from the IRS can be received in a matter of minutes.
Express Truck Tax helps you file applications for amendments and free VIN corrections in a few easy steps. The system performs a free internal audit of tax information to check for errors before it is submitted. If additional help is still needed, the experienced Express Truck Tax Team is available anytime in English and Spanish from their USA-based customer support center in Rock Hill, SC.
Express Truck Tax has close ties to the trucking industry. They are exclusively recommended and endorsed by several major state trucking associations. Through these partnerships, Express Truck Tax is able to provide continuing support to those within the trucking industry.
There’s really no better combination of affordable prices and knowledgeable professionalism in the industry. To get started now, visit ExpressTruckTax.com

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The Cost of Filing Late (HVUT IRS Form 2290)

November 13th, 2011

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.

Filing Process for IRS Form 2290 in November 2011-2012

November 8th, 2011

In order to file the IRS Form 2290 for Heavy Vehicle Use Taxes (HVUT), Express Truck Tax has made the process Quick, Simple, and Easy-to-use. When you use Express Truck Tax to E-File a Form 2290, the process takes just a few minutes. Choosing to E-File this return is much simpler than paper filing. Instead of using a confusing form full of tax jargon, Express Truck Tax has simplified the form to plain English. It is just a series of questions, mostly pertaining to basic business information. The process is broken down into several short and to-the-point sections.

The first step to Filing the Form 2290 Online is to go to ExpressTruckTax.com an IRS Authorized E-File Provider for Heavy Vehicle Use Taxes. From this page, you can get started on a Form 2290, IFTA filing, or sign up as a service provider. To login, just click on the Sign-Up button. From here, just enter some basic information to set up you Express Truck Tax account. (Please note: it is totally free to create an account. You only pay per return)

After signing up, you will be taken to the Dashboard of your account. This page displays your basic business information as well as the status of your most recent returns. From here, you can add new businesses to file for, as well as create new returns. To File a new 2290, just click on Create New Return at the bottom of the page.

The first thing that will be asked is the First Use Month of the vehicle as well as the year that you are filing for. If the vehicle has been on the road since last year, then select July 2011 as the first use month because that is the first month of the tax period.

On the next section, you can add heavy vehicles. There are several categories to add them to. They can be Taxable Vehicles, Suspended Vehicles, Prior Year Suspended Vehicles, Sold/Destroyed/Stolen Vehicles, or Low Mileage Credit Vehicles. Taxable Vehicles are normal heavy vehicles that travel a minimum of 5,000 miles per year. Suspended Vehicles fall below the 5,000 mile threshold (7,500 if agricultural) and no taxes are due for these, but they must still be filed for. Prior Year Suspended Vehicles are vehicle that were filed for previously, but they either exceeded the mileage threshold or the vehicle was sold. Sold/Destroyed/Stolen Vehicles are just as they sound – sold, destroyed, or stolen before June 1. Low Mileage Credit Vehicles are recorded if taxes were paid for a vehicle in the previous year, but the vehicle never exceeded the mileage threshold.

After selecting the type of payment for the taxes due, the system performs an internal audit of the information that was submitted. This audit checks for any basic errors that may have been made.

You can then select how you would like to pay the IRS. The IRS accepts Electronic Funds Withdrawal, EFTPS, and check or money order. An electronic funds withdrawal would instantly withdraw the payment from a bank account within 5 business days. EFTPS stands for the Electronic Federal Tax Payment System. It is a government program, but in order to use it you must already have an EFTPS account (this can take at least 2 weeks to create). A check or money order can also be used to pay the taxes due. In order to use this method, you will need to print a payment voucher from the Express Truck Tax website then mail that to your local IRS office.

Before you finish, ExpressTruckTax.com offers many additional services such as an automated text message to your cell phone as soon as the Schedule 1 is available. You can also have the form faxed to anyone including your leasing company, trucking association, or yourself.

E-File a Form 2290 for 2011-2012 with Express Truck Tax

October 29th, 2011

ExpressTruckTax.com is packed with all sorts of features that benefit Owner Operators, Trucking Companies, and other service providers filing HVUT. It has everything you need to to file your truck taxes online so that you can stay on the road.

One of the most commonly filed IRS forms among those in the Trucking Industry is the IRS Form 2290, and its accompanying Schedule 1. With Express Truck tax, you can easily file this IRS form online in minutes, and for as little as $9.90, it is the most attractive price in the industry.

When creating your Form 2290 online, Express Truck Tax will automatically create a Form 8849 for credits. There is also the option to upload an Excel Template for a multiple vehicle filing. You can file for only 1 truck or up to 40,000 vehicles with our Enterprise Filing! Express Truck Tax also offers flexible pricing plans to fit any fleet. Tax professionals and CPAs also receive custom discounted pricing to file for many of their clients.

After filing Form 2290 with the IRS through Express Truck Tax, the person filing will receive Free Fax and Email Notifications to let them know that the Schedule 1 is ready. Express Truck Tax also offers optional Text Message reminders as well. Once the IRS processes the Return, you will be notified so that you can print your stamped schedule 1. Express Truck Tax can also notify your contracting (leasing) company to let them know that your payment has been made.

You can file your Form 2290 (HVUT) in just minutes with this easy-to-use software that will save you time and money. Express2290.com was built by one of the most talented teams in the industry—no one has more experience in HVUT E-Filing!

The customer service does not stop once the form is filed. Express Truck Tax also offers Free VIN corrections so that no one is penalized for a simple typo. There is also the ability to amend a previously filed Form 2290 through the service. For any questions about the service, Express Truck Tax offers unlimited, USA-based customer support via email, chat, and phone. Simply email support@ExpressTruckTax.com, call 704-234-6005, or go to ExpressTruckTax.com to live chat with the excellent customer support professionals.

Get started today at ExpressTruckTax.com. Email us at support@expressexcise.com or call 704-234-6005 to talk to our Truck Tax Experts.

Express2290.com, Express8849.com, ExpressExcise.com, and ExpressExtension.com, are part of ExpressTaxZone.com line of tax products.

IRS Form 2290 (HVUT) Payment Page Video

October 24th, 2011

If you owe taxes, there are several payment methods currently accepted by the IRS.

These include: Electronic Funds Withdrawal, EFTPS, or Check or Money Order

If You choose to pay by Electronic Funds Withdrawal, you may pay using either a checking or Savings Account.

You will need to enter the US Bank Account Number and Routing Number in order for the IRS to process the payment. This information is typically listed on a check.

EFTPS, or Electronic Federal Tax Payment System, is a government website that allows taxpayers to schedule Federal Tax Payments electronically.

In order to make payments using EFTPS.gov you must complete the EFTPS registration process, which can take 5-7 business days.

Lastly, you may pay by mailing a check or money order to the IRS. If mailing your payment, you must include the 2290V, or payment voucher, with your payment. You may download a completed 2290V, including mailing instructions, directly from your ExpressTruckTax account.

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