Category Archives: Federal Excise Tax

HVUT Form 2290 for January First Used Vehicles is DUE TODAY!

The time is always right to do what is right – Martin Luther King, Jr

The Shortest month of the year expires today and we at Taxexcise.com are pretty sure that everyone is busy making plans to complete their Income tax before April 15th. We also want to make sure that you do not get carried away too much and miss the Federal Excise Tax Form 2290 Deadline that falls Today February 28th ,2019 for vehicles first used in the month of January since July 2018. Continue reading

HVUT Tax Form 2290 deadline, Mid-Month Alert!

“Working hard for something we don’t care about is called stressed; working hard for something we love is called passion” – Simon Sinek

Anyone in the Trucking Industry will sure accept to this. Along with credit and satisfaction comes huge responsibility because the loads that they transit are not their property but they take complete ownership of the timely delivery and for the condition of the goods they carry on their heavy rigs.

Not only the goods they transit become their responsibility, but they have to take care of many things other than that as well. First comes the Vehicle itself, they have to maintain their vehicles and it should be in proper shape to hit the high ways. Trucker’s health, they have to be fit and fine to handle the load and the vehicle. Family Of course, which is the reason they work so hard and stay mostly on the road. Continue reading

Valentine’s Day wishes from the family of ThinkTrade Inc. to every hardworking, ever busy Trucking industry Professional.

Most people in relationships look forward to sharing the joys of Valentine’s Day with the one they love. Well, if Valentine’s Day happens to fall on a day they are home, GREAT – Typical Truckers Wife / Girlfriend would quote this. Truckers are gone most of the time which pretty much turns your relationship into a long distance relationship. It has also been compared to the life of a military wife.

If you are a Truckers Loved one you must remind them about things other than their truck for example Tax Deadlines. This is mainly because you do not want them to waste their Hard-earned money in IRS Penalties and Interests. Continue reading

Deadline Today to E-File 3 different Federal Tax Forms 2290, 720 & IFTA. File Soon!

Dear tax Payers, kindly spare a moment amidst of your schedule to read this article as this article will clearly explain you about the HVUT Form 2290 deadline which is due TODAY (Jan 31, 2019). However, this deadline is only applicable for trucks which were purchased/re-purchased and been used on the road since December 2018.

When is Form 2290 due: Form 2290 must be filed on a vehicle by the last day of the month following the month of its first use. On that note, Form 2290 is due TODAY for vehicles that went into service in December 2018.

At this time, other federal excise tax forms are due as well:

  1. Tax Form 720: Due TODAY for 4th Qtr 2018
  2. International Fuel tax Agreement (IFTA) : Due TODAY for 4th Qtr 2018

Do not miss on these important deadlines to avoid facing any penalties from the IRS.  E-filing your annual HVUT is way simpler than you imagined. www.Taxexcise.com has one of the most user friendly application setup for you where you’d be able to fill out your tax return by answering few simple questions during the filing process and the rest is been handled by our application.

With e-filing, you’d be able to print the proof of filing watermarked by the Internal Revenue Service back in your e-mail address within minutes for your documentation purposes. The same copy can be used as the legal proof of filing during your vehicle registration purposes.

In case you have any questions or need a walk through, you can always count on our handpicked and Industry’s Best Tax Experts for help. Reach them @ 1-866-245-3918 or write to them @ support@taxexcise.com or ping them using the LIVE CHAT option on the website.

Only 2 days until the Tax Deadline is Over for Form 2290, Form 720 & IFTA!

We got to remind you about the January month-end tax deadline that falls on Jan 31 for three important IRS Tax Forms. To avoid the many headaches that comes with the tax deadline, we highly recommend that you log on to www.TaxExcise.com now and complete your IRS tax form filings before time runs out.

The following taxes are due Jan 31:

  • HVUT Form 2290: Heavy Highway Vehicle Use Tax (HVUT) Form 2290, due by Jan 31 for Trucks that were first used in the Month of December 2018.
  • Form IFTA: Tax Form IFTA, A Quarterly IFTA Tax Return is due as well on Jan 31 for the 4th Quarter of 2018.
  • Form 720: IRS Form 720 is used to report and pay your federal excise tax liability for certain products that are manufactured, produced or imported like fuel as well as services like airline travels. Form 720 Quarterly Federal Excise Tax Return is due the last day of the month following the end of the quarter. For example, the 4th quarter ends December 31, which means the due date is January 31.

www.TaxExcise.com e-filing is on its upward climb that means it’s now time to jump on it and be sure to take advantage of, over the old fashioned and traditional paper filing. Moreover, paper filing isn’t in the options right now since the IRS shutdown has impeded the paper filing proceedings meaning you wouldn’t be able to meet the tax deadline if you decide to paper file.

Besides e-filing as your only option right now, you would learn that it is also the most convenient and safest way to get your tax filings done. www.TaxExcise.com has solved an age old tax filing problem making it easy for you all to e-file.

You can always count on our handpicked, Industry’s Best Tax Experts for help, they live to provide top-notch year-round support during the business hours. Reach them @ 1-866-245-3918 or write to them @ support@taxexcise.com or ping them using the LIVE CHAT option on the website.