Federal Excise Tax Form 2290 must be filed for any heavy vehicle with gross weight of 55,000 lbs or above. To E-file HVUT Form 2290 there are few mandatory information that you need to keep handy before you start the process. Below is the list of your business related information that you need to E-file your Federal Excise Tax Form 2290. Continue reading
Holiday Season is right around the corner, so is the Year end. January 1st will be the first blank page of a 365-page book & December 31st will the last page of 366-page book. Let’s start writing good & positive things on the new book for which we have to complete old book without any back logs. Let’s carry only good memories & happy moments to the upcoming year, not the incomplete things we leave behind in 2016.
Taxes are one thing that we always want to complete on time as it adds Excruciating actions attached to it. There are several Taxes that needs to be filed on or before December 31st, One such Tax is Federal Excise tax Form 2290 (HVUT) for vehicles first used in the month of November. Though E-filing was introduced to lessen the burden for Tax Payers, every year the IRS will shut down their E-file Servers towards the end of the year for Maintenance. During the shutdown they will neither process any Tax returns nor will they issue acknowledgements. Continue reading
“When it comes to taxes, there are two types of people. There are those that get it done early, also known as psychopaths, and then the rest of us” – Jimmy Kimmel. It is not wrong to have a thought to hold on to your hard earned money as long as possible, but one should make sure that they file & pay their taxes on or before the deadline to safeguard themselves from IRS penalties & interests. Continue reading
Everyone loves Thanksgiving because it’s a holiday that is centered on food and family, two things that are of utmost importance. Thanksgiving marks the beginning of the most awaited Holiday Season; we all eagerly wait for the entire year & keep making plans and schedules for the Holiday season. It is mandatory for everyone to have few days off from work and spend quality time with their loved ones and get ready fresh for the upcoming year.
As we strive hard with shopping and invitations, complicated more by bad weather, it is good to be reminded that there are people in our lives who are worth this aggravation, and people to whom we are worth the same. Likewise proper planning and completing all your work related things ahead of Holiday season will give you ample time to spend with your friends & family. While we all feast this Thanksgiving, there is a hard working community that made this thanksgiving possible for and they are still working and moving things around the country, They are called “TRUCKERS”. Continue reading
“Death, taxes and childbirth! There’s never any convenient time for any of them.” – True that. All three come at the most inconvenient times, But the Government does a favor by letting us know about the deadline to file our Taxes. Information is wealth, definitely right but if we do not act on time to known information then it is useless.
Good intentions often get muddled with very complex execution. The last time the government tried to make taxes easier; it created a 1040 EZ form with a 52-page help booklet, funny isn’t it? Trucking industry is one of the busiest industries that need almost every employee working round the clock. A Trucker on an average spends 75% of his entire life on the road, away from his/her family. They are determined to make timely deliveries, keep their vehicle fit & fine and so many other things to take care of. Continue reading