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Showing posts with label 2290 e-file. Show all posts
Showing posts with label 2290 e-file. Show all posts

Wednesday, March 1, 2017

How To Pay Your 2290 Tax When E-filing

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Taxes aren’t very much fun, even though when we pay some of them like the HVUT the money goes to repairing and improving our highways giving us a smoother ride, and preventing wear and tear on our rigs. That’s all great and all, but you still have to pay the tax yourself, so make sure you’re up to date on exactly how to pay it.

How To Pay Your 2290 HVUT


Form 2290 is used to pay your HVUT or heavy vehicle use tax. If you’re in a highway motor vehicle that has a taxable gross weight of 55,000 pounds or more then you have to file e-file a HVUT 2290 form in order to get a copy of your Stamped Schedule 1. E-file means electronically filing online.

A highway motor vehicle includes vehicles that are designed to carry loads over public highways, whether they were also designed to perform other functions or not and that are self-propelled. These vehicles generally include buses, tractor trailers, and large trucks. Vans and pickup trucks tend to weigh less than 55,000 pounds.

The weight only includes the vehicle and it’s chassis or body, not it’s load. The type of load doesn’t matter either, the vehicle can be designed to passengers, supplies, or cargo.

Also, a public highway includes any road in the United States that isn’t private, including city, county, state and federal roads.

Your form 2290 is due the last day of the 2nd month after you first use your new qualifying vehicle. For example, if you first start driving a new qualifying vehicle in February then your Form 2290 would be due by March 31st. Also, the form 2290 needs to be renewed annually by August 31st.

When you file your form 2290 you have to pay your HVUT and you have a few different options for doing that.

You can pay with EFW or Electronic Fund Withdrawal, which is the option offered when you e-file your federal taxes with the use of IRS authorized preparation software, like ExpressTruckTax, or through a tax professional.

With EFW you enter in your bank account information to the IRS’s safe and secure payment system and the tax amount you owe is withdrawn from your bank account usually within 24 to 48 hours of submitting your payment.

Another payment option you have is to pay with the EFTPS or Electronic Federal Tax Payment System. If you select that option you will be taken to the EFTPS site. EFTPS is the free safe and secure payment system that’s offered by the U.S. Department of the Treasury.

To use the EFTPS you will need to create a free account, enter your bank account information, and verify it because this payment system works by withdrawing the funds you owe from your bank account.

Also, you have the 3rd option of mailing a check or money order to the IRS directly. Just make sure that the check or money order is payable to the U.S. Treasury and includes your name, address, EIN, “IRS form 2290”, and the date. Do not send cash.

If you choose to send a check or money order you’ll need to print the payment voucher 2290 -V, or page 5 of your 2290 and include it with your payment. Don’t staple your payment to your form 2990 or payment voucher.

Send Your Payment and voucher to:

Internal Revenue Service,
P.O. Box 804525,
Cincinnati,
OH 45280-4525.

Use ExpressTruckTax for all of your HVUT needs


Here at ExpressTruckTax, we’re HVUT and IFTA experts. We provide the forms that you need to fill out as well as the tools to calculate how much you owe for your taxes. We make the filing process quick, easy, and headache free so you can get off the computer and back to business.

Plus, our dedicated support team is always here to help. Please don’t hesitate to contact us via live chat, phone, or email with any questions that you may have.
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Wednesday, February 22, 2017

File Your 2290 From Any Location With Our Mobile App

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Truckers are always on the move, literally. They spend hours on the road making an honest living while transporting items from point a to point b. As they’re traveling around the country life doesn’t slow down for them, they still have the same tax deadlines as everyone else. That’s why ExpressTruckTax has taken a step to make life easier for truckers by providing them with the free ExpressTruckTax app that allows you to e-file the IRS Form 2290.

First, Here is a little about the HVUT Form 2290


The HVUT or Heavy Vehicle Use tax Form 2290 must be filed for every month that a taxable vehicle is used on public highways. The funds from this tax go towards the repair of public highways making the roads smooth and safe for truckers to use.

Qualifying vehicles for the Form 2290 include highway motor vehicles that have a taxable weight of 55,000 pounds or more. Highway motor vehicles include any vehicle that is self-propelled and designed to carry loads over public highways.

The type of load a vehicle carries as far as passengers, equipment, cargo, or supplies doesn’t matter because the vehicle weight consists of the chassis and body, not the load.

Your form 2290 is due the last day of the 2nd month after the month that your vehicle is first used. For example, if you first use a HVUT qualifying vehicle in February then your Form 2290 is due by March 31st.

Then after that for every year that the vehicle is in use during the taxable period beginning on July 1st and ending on June 30th of the following year, you’ll need to complete your Form 2290 by the August 31st deadline.

The ExpressTruckTax 2290 E-Filing App


The free ExpressTruckTax app allows for people who are out on the road to easily e-file their HVUT Form 2290 in a matter of minutes. Then they’ll instantly receive their Stamped Schedule 1.

The app can be downloaded to smartphones and tablets and don’t even require you to have wifi, meaning you can literally file your Form 2290 from any location, as long as you have a little cell phone service.

When using the app you can quickly enter in your HVUT information and transmit it to the IRS in a matter of minutes. Then relax and sit pretty, because you’ll be sent a push notification from the app as soon as your Stamped Schedule 1 is ready.

There’s no headache involved when using this app because it provided easy to follow instructions. Plus, you can use the built-in 2290 calculator to quickly calculate how much you owe.

A copy of your Stamped Schedule 1 will be available for you to access within the app at any time for you to show traffic officers or people at the DMV. Proof that you paid your HVUT will always be at your fingertips.

If you form is rejected don’t worry. Will notify you of the rejection. Then with the app, you can quickly make amendments and corrections at any time, and resubmit your form to the IRS as many times as necessary for free.

Here at ExpressTruckTax, we’re committed to providing quality service at the best price possible. That’s why we allow you to manage multiple EIN’s under one account and offer discounts for bulk filers and even offer an unlimited filing option.

You can also save time by using your prepaid return credits to cover your 2290 filing fees.

Try ExpressTruckTax Today


Not only does ExpressTruckTax offer you innovative features to help you quickly and easily file your 2290, but it also includes tools to help you calculate your IFTA return! No other company provides this level of high-quality service for the lowest price possible.

We even have a dedicated support team that’s here to help you every step of the way. If you have any questions please don’t hesitate to contact us via live chat, phone, or email.

Simply create your free ExpressTruckTax account to get started!
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Wednesday, February 15, 2017

ExpressTruckTax Offers Free VIN Corrections

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Let’s face it, paperwork isn’t the most interesting thing in the world. Heck, it isn’t even close to being considered the 2nd most interesting thing in the world! When we sit down to fill out forms sometimes our minds wander and we accidentally enter in typos and mistakes. When this happens to you, it’s not your fault and you shouldn’t be punished. That’s why ExpressTruckTax offers free VIN corrections.

What’s My VIN?


Your VIN is your vehicle identification number. It’s a 17 character long number that throws in some letters and the font is usually small and hard to see. Therefore, unfortunately, it’s incredibly easy to make typos when entering your VIN on your form 2290. If you put the incorrect VIN on your 2290 then there will be hassles and headaches at the DMV later.

ExpressTruckTax wants to save you that trouble, that’s why we work with the IRS as a trusted and secure source to offer free VIN corrections and to get you your Stamped Schedule 1 in a matter minutes. However, the VIN correction isn’t the only free correction we offer, you can make any correction to your form 2290 at any time.

Also, e-filing a VIN correction is incredibly simple. All you need to do is create an account and click “Create a Return then click the ‘2290 amendment’ option to complete your free VIN correction.

You can either make a VIN correction for a return filed with ExpressTruckTax or make a VIN correction for returns created elsewhere or by paper. To put it simply, you can make 2290 corrections with ExpressTruckTax even if you didn’t e-file with us.

Then you simply fill out the VIN correction information and transmit your form the IRS. You can resubmit your forms as many times as necessary to make corrections and amendments for free. The next step is to relax because you’ll receive your updated Stamped Schedule 1 in a matter of minutes!

However, keep in mind that VIN corrections can only be made for taxable and suspended vehicles. They can’t be made for credit vehicles or for previously suspended vehicles. Also, when filing a free VIN correction you can’t combine it with credits that have been claimed on the same form.

Remember that the original form with the incorrect VIN on it must be paid for before you submit a correction or the IRS will assess penalties on top of the tax that you actually owe.

E-Filing With ExpressTruckTax


There’s no way around it, you have to file your taxes. Form 2290 and your IFTA returns are due every year, and they aren’t going anywhere. So, why not make the process of filing your taxes and returns incredibly easy with ExpressTruckTax?

When it comes to your form 2290 we offer step by step instructions on how to fill out the form, plus you’ll receive your Stamped Schedule 1 in a matter of minutes. You can also receive your Stamped Schedule 1 via text, email, and fax and submit free corrections.

With IFTA you can use our innovative tools for quickly entering your odometer readings, maintain your trip sheets and fuel records, accurately calculate your fuel tax and more. We provide everything you need to generate your IFTA calculations! 

Plus, we have an outstanding support team that’s always standing by to answer your questions. If you need any help please don’t hesitate to contact us via phone or email.
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Thursday, February 9, 2017

We'll Handle All Your E-Filing 2290 Needs

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Tax season is barreling on down the highway, so buckle up, because it’s not stopping. A few IFTA deadlines like the 4th quarter IFTA report deadline have already passed, but more deadlines are on their way. If your first used month for your new vehicle was in January then your HVUT form 2290 is due by February 28th.

But wait, What’s HVUT Form 2290?


The IRS HVUT Form 2290 is for the Heavy Vehicle Use Tax and the form 2290 is what truckers need to fill out if they own a vehicle with a taxable gross weight of 55k pounds or more. Truckers are required to file this form online in order to receive an electronic copy of their stamped Schedule 1.

A Stamped Schedule 1 serves as proof of compliance with the HVUT. It’s used at DMVs so you can renew your tags, renew your registration for IFTA, IRP, or USR, and prove that you paid your taxes, which can be extremely helpful if you’re ever audited.

The money that you pay for this tax goes to the public roads. It’s for construction, to fix, and to maintain public highways that heavy vehicles carrying loads often frequent. Therefore it makes your job a little easier, by providing safe routes with paved roads and safe bridges. Plus, better roads have less wear and tear on your vehicle.

E-Filing Your HVUT with ExpressTruckTax


Now you have to file your HVUT Form 2209 on an annual basis per each vehicle that you own and qualifies for the tax. The tax is due for new vehicles the last day of the 2nd month after the month that the vehicle is first used. Then the tax needs to be renewed annually by August 31st.

ExpressTruckTax is a great option if you need to quickly file your form 2290 because it’s one of the cheapest. Each file is only $9.90. ExpressTruckTax is also extremely safe and secure, your information will be protected.

Now a cheap price doesn’t mean ExpressTruckTax skimps out of true value because ExpressTruckTax provides easy to follow instructions to help you quickly fill out your form 2290. Then you’ll receive your stamped Schedule within minutes via fax, text, or email. You’ll also be notified via text message when your stamped Schedule 1 is ready.

Plus, you aren’t alone. The ExpressTruckTax dedicated support team is always standing by to help. We’re more than happy to assist you with any questions that you may have, so please don’t hesitate to contact us via live chat, phone, or email.

Our 2290 tax calculator will make your tax filing process headache free because you can enter your information to instantly calculate how much HVUT you’ll owe. No complicated math or waiting is involved.

Also, at ExpressTruckTax we understand that accidents happen. If the IRS rejects your form we will notify you via email with notes as to why your form was rejected and instructions on how to correct your form. You can resubmit your form 2290 as many times as you need to.

Try ExpressTruckTax Today


Simply spend a minute or two creating your account to get started with your HVUT form 2290. You can see how easy and convenient our e-filing process is without being charged unless you actually file.
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Friday, July 8, 2016

What to Do if Your Form 2290 Tax Return is Rejected by the IRS?

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What to Do If Your Form 2290 Return is Rejected by the IRS?
What to Do If Your Form 2290 Return is Rejected by the IRS?

So you were very proactive this year, and you decided to go ahead and e-file irs form 2290.

But then you discover, your 2290 tax return has been rejected by the IRS. So what does that mean for you?

Basically, you need to keep filing until you get things right.

Thankfully, we here at ExpressTruckTax believe in unlimited retransmissions for rejected returns.

Now we've heard some people would rather just not file their 2290s than bother with re-transmissions - but that doesn't make any sense.

What are the Penalties for Failing to File Form 2290?

Basically, you’re going to get hit with a bunch of financial costs if you fail to, or are late, paying
Form 2290. HVUT penalties can range from 4.5 percent of total tax due, assessed on a monthly basis up to five months to an additional monthly penalty equal to 0.5 percent of total tax due for late filers.

Additional interest charges of 0.54 percent per month accrue as well.

Do I Need to E-File Tax Form 2290?

When you e-file your 2290 with ExpressTruckTax, you receive your Schedule 1, which shows an IRS e-file watermark with the date the return was received and processed. This will be accepted by all DOT’s, DMV’s, and other federal authorities.

ExpressTruckTax automatically emails the stamped Schedule 1 after the IRS accepts your 2290. We can also send you updates via text and fax–plus we can even notify your company/carrier.

Your stamped Schedule 1 counts as your proof of payment.

What if you e-filed your tax form 2290 and then something changes—like your vehicle weight?

Just File a 2290 Amendment

When the information on the vehicle you filed for changes, the IRS wants you to file a Form 2290 Amendment. If you want to get that taken care of quickly, just e-file it with ExpressTruckTax. The choice is simple.

So don't skip out on your tax filing, just because you're frustrated. In fact, with unlimited retransmission—its all easy!




So if your 2290 is rejected this truck tax season, don’t worry! Instead, login to ExpressTruckTax, and we’ll take care of what we can.

See, it pays off to be proactive!

Related Blog: 7 Common E-Filing Mistakes to Avoid

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Wednesday, July 6, 2016

New IRS 2290 for Tax Year 2016 - 2017

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New IRS 2290 for Tax Year 2016 - 2017
New IRS 2290 for Tax Year 2016 - 2017

You probably didn't realize that there’s a new IRS Form 2290, did you?

It’s OK, not much changed, however, you can only use this form to file your Form 2290 for the tax period beginning on July 1, 2016 and ending on June 30, 2017.

To learn more about this new form, check out the material provided by the IRS.

Click here to learn more about why Form 2290 has changed, and what it means for your filing.

And when you have that covered, you can go stand in line with your completed Form 2290.

But why waste your time trying to figure it out yourself when you have ExpressTruckTax on your side.

With our interview-style form completion, we’ll help you e-file—yes e-file—your Form 2290 with the IRS.

That means, no standing in line at the IRS office, no trying to figure out complicated tax jargon by yourself, and no wasting time off the road.



Create your free account with ExpressTruckTax and start e-filing your 2290, today!


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Monday, June 6, 2016

Pre-File Your 2290 Now!

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Pre-File Your 2290 Now!
Pre-File Your 2290 Now!
Whether you’re a trucker or a trucking company, you know that HVUT season is rapidly approaching.

Of course, here at ExpressTruckTax, it's already begun. How’s that?

Easy - starting today, we’re offering pre-filing for the 2016-17 heavy vehicle use tax season. One month early!

So instead of waiting until the last moment to e-file your 2290s, pre-file now and get back to what you need to do - driving.

It’s Heavy Vehicle Use Tax Time

The HVUT season runs from July 1 through June 30 of the following year.

If you’re an owner operator, leasing company, trucking company, or any other business that owns heavy vehicles with a gross weight above 55,000 pounds traveling on public highways, you must file form 2290.

Usually, you can’t start filing until the tax period begins on July 1, but we’ve gone ahead and started pre-filing now.

What is Pre-Filing?


Pre-filing is the easiest way to e-file your taxes early. You can get ahead of the game by filing an entire month early. After you’re done pre-filing your return, ExpressTruckTax will hold onto it until July 1st—once the IRS starts accepting 2290s, yours will be at the top of the stack.

Should I Pre-File Form 2290? Why?


Even though the tax period hasn't started for the 2016-17 season, pre-filing starts now! With pre-filing, users get advantages they won’t get once the official season starts. They include:

  • Finishing your taxes early, leaving more time to focus on work and life
  • No additional cost to pre-file
  • When selecting the check (or) money order option, you will get until August 31st to pay the IRS, giving you almost 3 months to save for the amount of tax you owe
  • Your Form 2290 will be automatically transmitted to the IRS on July 1st, so you will receive your stamped schedule 1 in minutes once transmitted
  • If the return is rejected for any reason, you have plenty of time to re-submit it before August 31st, making it much easier to avoid late penalties
  • VIN corrections and retransmissions for rejected returns are FREE for anyone who e-files with ExpressTruckTax
  • Customer support is available via phone, live chat, and email, with 24/7 emergency email support
If you have any questions about pre-filing 2290, (or) have questions about the e-filing process, we’ll be here to help. Give us a call at 704.234.6005!

Happy pre-filing, Trucking Nation!

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Monday, September 17, 2012

Benefits of E-Filing Form 2290 with ExpressTruckTax.com

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

With Express Truck Tax, you can easily file the IRS Form 2290, for Heavy Vehicle Use Taxes (HVUT). This IRS form can be filed online in minutes, and for as little as $9.90, it is a great price in the industry.

The person filing Form 2290 with the IRS through Express Truck Tax will receive Free Email Notifications to let them know when the Schedule 1 is ready. The taxpayer can also opt to receive optional Fax and Text Message reminders as well. These Reminders can also notify your contracting (leasing) company to let them know that a payment has been made.

Form 2290 filing can be for only 1 truck or up to 40,000 vehicles with our Enterprise Filing. ExpressTruckTax also offers flexible pricing plans to fit any size fleet. CPAs and Tax professionals can also receive discounted pricing rates to file for many of their clients. There is also an option to use an Excel Template for a multiple vehicle filing.  If you are owed a credit for Truck Taxes and you are filing Form 2290 online, Express Truck Tax will automatically create a Form 8849 for any credits due.

Express Truck Tax also offers Free VIN corrections so that no one is penalized for a simple typo. You can also file Form 2290 Amendments if your taxable gross weight increases or you exceed the mileage limit.   

You can file your Form 2290 (HVUT) in just minutes via self-service, file by phone and full service, meaning you can register and file yourself, or have us take care of the filing. Either way, this easy-to-use software will save you time and money. ExpressTruckTax.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. For any questions about the service, Express Truck Tax offers unlimited, US based customer support via email, chat, and phone. Simply email support@ExpressTruckTax.com, call 704.234.6005, or go to ExpressTruckTax.com to chat online with the excellent customer support professionals from their Rock Hill, SC Support Center.

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Wednesday, August 29, 2012

How to Handle a Suspended Vehicle That is Destroyed

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When you have a suspended vehicle that is destroyed at some point during the year, how do you report that to the IRS? Since there was no tax paid the previous year, you would not have to report the vehicle as being destroyed to the IRS.

If the vehicle had been sold or transferred, it would then need to be reported as a ‘Prior Year Suspended Vehicle’ that was sold/transferred.  You will need the name of the person/business you sold/transferred it to and the date.

If you have a taxable vehicle that was destroyed during the tax year, you would want to make sure that you report that vehicle as destroyed to the IRS for two reasons. First, if you do not report it as destroyed, the IRS will assume you owe the tax on it and you could risk a penalty for not filing.  The other reason is when you file it destroyed, you will be able to claim a refund for the months that you had previously paid for, but it was not used.

Our tax experts at ExpressTruckTax can help you with this question and more.  Or check out our FAQ’s to find answers to your specific situation.  E-File Form 2290 and receive your Stamped Schedule 1 within minutes at ExpressTruckTax.com.

Friday is the deadline so to E-File the Form 2290 online now, go to ExpressTruckTax.com. If you have any questions, contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.

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Monday, August 27, 2012

Last Minute Tips for E-Filing Form 2290

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ExpressTruckTax.com is the quickest, easiest, and best value for filing your Form 2290 (Heavy Truck Use Tax) online with the IRS. The August 31st due date for the tax is getting closer, and here are a few points to keep in mind while E-Filing.

  • E-file your 2290 returns with Expresstrucktax.com
  • Review Federal Tax ID# or EIN# [Employer Identification Number]
  • Review your Tax Year and Month
  • Review your VIN# [Vehicle Identification Number]
  • Sign and date your return electronically
  • Choose IRS payment option
  • Review all the information
  • Double check your Business Name
  • E-File Your 2290 Return

Choose an IRS payment option:
There are several options to pay the HVUT taxes with the IRS.
  • Electronic Funds Withdrawal, or Direct Debit: The IRS will collect the taxes due after they are provided with a bank account number and routing number
  • EFTPS: You have to schedule the payment to the IRS by going to EFTPS.gov.
  • Check/Money Order: The IRS also supports Check/Money Order as long as it is scheduled by the 31st.

We strongly advise our Canadian customers to use this option as EFW may not work for Canadian banks.

Just a reminder, if you choose Direct Debit (EFW) as a payment method, the IRS will not process your return during the weekends, or on federal holidays, but on the next business day.

Review Tax ID Numbers
Carefully check Tax Identification numbers on your return.

Review Your Return
Expresstrucktax.com is a very smart program, it automatically checks for any errors before you transmit your 2290 return to IRS, but it’s always good to double check everything before you hit the ‘Transmit to IRS’ button.

We are always available to help if needed. Viisit ExpressTruckTax.com or contact our friendly US Truck Tax Experts in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com, for English and Spanish support!

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Monday, June 25, 2012

What is My First Used Month(Form 2290)?

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When Filing the IRS Form 2290, you will be asked to provide the First Use month for a vehicle.

This date refers to the time when the vehicle was placed in service during the tax period. If this vehicle has been in service for previous years and will continue to be in service this year, the first use month will be July. This is because the tax period for Heavy Vehicle Use Taxes is from July until June.

If a new vehicle is placed in service during the tax period, the first use month would be the month in which the vehicle was first used. If a vehicle was only used during part of the tax period, the tax for the year will be prorated.

To e-file a Form 2290 online, you can use www.ExpressTruckTax.com and if you have any questions about your First Use Month, you can contact the Truck Tax Experts at 704.234.6005.
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Wednesday, September 28, 2011

All About IRS Form 2290 (Truck Taxes)

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What Is IRS Form 2290?
IRS Form 2290 exists as a way to pay Heavy Vehicle Use Taxes, or HVUT, which must be filed with the IRS for any highway motor vehicle that exceeds a gross weight of 55,000 pounds. IRS Form 2290 also includes what is known as a Schedule 1, which is used to report all vehicles for which you are reporting tax (including an increase in taxable gross weight) and those that you are reporting suspension of the tax by category and vehicle identification number (VIN). The Schedule 1 may also be used as proof of payment to register your vehicle in any state. Use the stamped Schedule 1 that was returned to you by the IRS for this purpose.

Who Must File?
You must file a Form 2290 and Schedule 1 for the tax period beginning on July 1st, and ending on June 30th, if a highway motor vehicle is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more. Any type of business entity may file a Form 2290 with the IRS.

How much is the Tax?
There are three different categories for HVUT rates for these vehicles. Vehicles Below 55,000 pounds do not have HVUT because they do not qualify as a heavy vehicle. Vehicles between 55,000 and 75,000 pounds owe $100, plus $22 per 1,000 pounds over 55,000 pounds. Finally, for vehicles that are over 75,000 pounds the maximum HVUT is $550 per year.

The gross taxable weight is calculated by adding the following:
  • Unloaded weight of vehicle, fully equipped for service.
  • Unloaded weight of any trailers equipped for service and customarily used in combination with the vehicle
  • Weight of the maximum load customarily carried on the vehicle and on any trailers customarily used in combination with the vehicle.
Who is Exempt?
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 Federal Government
  • The District of Columbia
  • state or local government
  • American National Red Cross
  • 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)
  • Mass Transportation Authority (Only if granted certain powers normally exercised by the state)
  • Qualified Blood Collector Vehicles
  • Mobile Machinery that meets specifications for a chassis
There are several providers of services that can help you E-File Form 2290 with the IRS, one such provider is www.expresstrucktax.com. They provide a very excellent service for all Truck Tax Needs.
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Wednesday, September 14, 2011

The Transportation Bill Faces the Gridlock of Capital Hill

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while most politicians love to talk about creating jobs for the American people, there is now a real opportunity to avoid thousands, if not close to a million, of American jobs being lost. The Transportation Bill that is currently in Congress funds this nation’s infrastructure. The current bill in place has already been extended many times, and many argue that a new piece of legislation should be created instead of simply extending this old bill. However, the time to act is now, and the simplest way to continue funding this nation’s highways and transportation projects is to extend the current legislation again.

Congressman Hank Johnson represents Georgia’s 4th congressional district and had the following to say regarding the Transportation Bill:
Cutting funding for infrastructure is no way to grow our economy or create jobs.  Republicans who threaten the highway bill are way off base. Short-sighted pandering to their tea party political activists may be easy, but it is deeply irresponsible.

Instead of threatening to slash federal infrastructure spending, we should be making bold, forward-looking investments in America’s future.

President Barack Obama is right on the money when he calls upon Congress to aggressively invest in America’s infrastructure. It’s a common-sense vision backed by both business and labor because it’s the right policy at the right time.

Congressman Johnson argues that extending this bill simply makes sense, and that it is a smart investment because it is literally investing in America. The United States’ aging infrastructure has caused our overall rank to fall from 15th to 24th in the past year according to The World Economic Forum’s Global Competitiveness Report. Countries like China, India, and Brazil are making larger investments in their nation’s infrastructure, while we are busy arguing over the idea of funding it at all.  

Although there is a tendency for intense gridlock in Washington, there is still good reason to believe that this bill will be extended due to the sheer necessity. Even if this is slightly delayed, it would have a harsh impact on the highway and transit system. This party politics is becoming something of a game in Washington where both parties refuse to negotiate until it is nearly too late.  

Once this is enacted, anyone wishing to File IRS Form 2290 for Heavy Vehicle Use Taxes will be able to file during the month of November. The IRS-Authorized e-file provider, Express Truck Tax, will be able to help any Truck Driver, Trucking Company, or Service Provider get their Excise & HVUT taken care of. To e-file through ExpressTruckTax.com it only takes a few minutes and can cost as little as $9.90. If you have any questions about the process, you can call them at 704-234-6005 begin_of_the_skype_highlighting            704-234-6005      end_of_the_skype_highlighting or send an email to support@ExpressTruckTax.com.
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Wednesday, August 31, 2011

Be Ready to File Form 2290 for Heavy Highway Vehicles

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As the month of November moves closer and closer, you will want to be able to get your Form 2290 taken care of as swiftly as possible once it is made available. It is unfortunate enough that the filing process was delayed, but to avoid any future confusion about the issue, it would be beneficial to be ready to file once the form is available.

In order to make the filing process easier with the IRS using Form 2290, it is very important that you keep accurate records, just like you would when filing any other type of tax return. It is crucial for anyone filing form 2290 to maintain their records for at least 3 years prior to the filing date for any taxable highway vehicles registered to them. For fleet owners and small trucking companies who have filed form 2290 in the past, it is wise to always keep the 2290 records on hand, as one never knows when IRS inspection may take place. It is even important to save these returns if they are only for a part of a year. In the case of a suspended vehicle (public highway use was less than 5,000 miles/year) it is still necessary to keep records of Form 2290’s filed for them as well.

You will need to gather the following information before filing form 2290 to accelerate the filing process. You will need a description of all vehicles for which you are filing as well as a VIN (Vehicle Identification Number) for each one. You will also need to know the gross taxable weight of the vehicle.  It is also necessary to report the date the vehicle was acquired, as well as the name and address of the previous owner. The first use month for the taxable period is also required for reporting. If a vehicle is considered to be suspended, keep a record of actual highway mileage. If the vehicle is an agricultural vehicle, then keep accurate records of the number of miles it is driven on a farm or field. Keeping proper records of your 2290 information will be a great help to you in the unfortunate event of an audit.  It will also make the task of filing this form much easier.

ExpressTruckTax.com is an IRS authorized E-File provider who can help you file form 2290 as well as keep secure online records of previously filed form 2290’s. For more information on the 2290 filing process, heavy vehicle use tax, IRS payment methods, etc visit the Express Truck Tax website or call our Truck Tax experts at 704-234-6005. You can also email any questions to support@ExpressTruckTax.com.
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Saturday, August 27, 2011

IRS New HVUT (form 2290) Regulations for 2011

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There are several taxes that are imposed on those in the trucking industry each year. Heavy Vehicles travelling on public highways are subject to HVUT, or Heavy Vehicle Use Tax. These taxes can be filed by filing a Form 2290. Truckers, owner operators, and trucking companies were recently notified by the IRS that their next highway use tax return for filing HVUT (which is usually due on August 31) will instead be due on November 30, 2011. The primary reason for the extension of the due date is to reduce confusion and multiple filings of Form 2290 that could result if Congress reinstates or makes changes to the current highway use tax after September 30, 2011.

The previously mentioned Heavy Vehicle Use Tax applies to trucks, truck tractors and buses with a gross taxable weight of 55,000 pounds and above. There are also many detailed rules and regulations that apply to vehicles with minimal road use, logging/agricultural vehicles, vehicles transferred during the year, and also those whose first use month was during July. In typical scenarios, vans, pick-ups and panel trucks are not taxable because would [under normal circumstances] fall below the 55,000 pound requirement.

The recently determined filing deadline of November 30 for Form 2290 (Heavy Highway Vehicle Use Tax Return) applies to the tax period beginning on July 1, 2011. This does not only include those vehicles that were used during July, it also includes those whose first use month was during August or September. According to recent statements from the IRS, 2290 tax returns should not be filed and payments should not be made until November 1, 2011.

Regulations for new vehicles that need to be registered will also take effect. Any new vehicle that needs to be registered during July through October of 2011, state DMV’s are now required to accept a Stamped Schedule 1 from the previous year since it is not possible to receive a stamped Schedule 1 until November of 2011. If a vehicle was acquired within the current tax year, and there is not a stamped Schedule 1 for the previous year, the owner only needs to provide some form of proof of purchase to prove that the vehicle was recently placed in his/her possession.

Fortunately, once the Form 2290 is available, the electronic filing service: ExpressTruckTax.com will be able to E-File the form and send it to the IRS in minutes. Express Truck Tax is an IRS Authorized E-File provider for filing Form 2290. The E-Filing Process is very simple; the form can be completed in minutes, and it can be sent to the IRS as soon as it is finished. It is such a time saver when you compare it to waiting in the IRS office for hours or sending it via postal mail and waiting weeks for the IRS to process it.  All you will need is your basic information about yourself, and your truck.
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Monday, August 22, 2011

Pay HVUT (IRS form 2290) On Time with Express Truck Tax

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As anyone who is a veteran of the Trucking Industry will tell you, there are many more business and economic responsibilities other than simply getting something delivered at the right time and place. Heavy Vehicle Use Tax, or HVUT, is one of the most common taxes on heavy highway vehicles in the United States. Paying this tax properly involves filing the IRS Form 2290. This Form is so easy to E-File online, and thanks to Express Truck Tax, there is no reason to be late, as evidenced by these points:
  • IRS Fines
    • Unless you enjoy IRS Audits and spending time in courtrooms, it is a terrible to not pay your taxes. 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.
  • 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. Especially when the taxes are not typically very high.
  • 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.
  • It’s So Easy
E-file IRS form 2290 with expresstrucktax.com on time. It’s made as easy as 1-2-3 to e-file truck tax 2290 and get IRS stamped Schedule 1 in few minutes. Avoid IRS penalties and Audits by keeping your 2290 records with express truck tax. E-file IRS 2290 VIN Corrections for free of cost.
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ExpressTruckTax Blog

E-file your HVUT Form 2290 with ExpressTruckTax.