Category Archives: Schedule-1 Copy

IRS Scheduled Maintenance Downtime this Labor Day Long Weekend affects your 2290 efiling

IRS will be conducting its annual Labor Day power outage beginning Saturday, August 31, 2019, starting at 9:00 p.m. and ending Tuesday, September 3, 2019, at 7:00 a.m. EST. This scheduled maintenance drive will affect processing 2290 returns which is heading towards deadline. However on September 3, 2019 the final day to report and pay the Federal Vehicle Use Tax Form 2290 will be available from morning 7:00 am. We’re working and operational to accept the returns from the Truckers, hold that in our servers and get it processed with the IRS when they are back and operations from Sep. 3rd.

IRS Truck Tax Form 2290 referred as Federal Highway Vehicle Use Tax returns are filed from July to August for a Tax Year started on July 2019 – June 2020. All the heavy highway vehicles with a taxable gross weight of 55,000 pounds falls due for this 2290 filing. Form 2290 and Schedule 1 has to be reported and paid to receive back the watermarked Schedule 1 receipt to show as a proof of payment.

2290 efile for 2019
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Labor Day Weekend Ahead – An Opportunity to file your Form2290 on-time is extended to September 3, 2019!

Labor Day, is a day dedicated to honor and celebrate the American Labor Movement and the contribution that the labor force has made in maintaining and the wellbeing of the entire population of our great country. Every First Monday in September is set aside by the U S Department of Labor to celebrate and appreciate the great American workers, hence it is Federal holiday across the Nation.

Speaking of American greatest workers, we cannot overemphasis the contribution of the Trucking Company and especially the truckers that have sacrificed their time with family and friend to be on the road and ensures smooth and on-time delivery of good across the nation.

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Quick update on Form 2290 filing for tax year 2019

This time of the year, the federal vehicle use taxes on a heavy highway falls due and has to be renewed with the IRS by filing Form 2290 and Schedule 1. The taxes are paid in full and it is an annual tax valid from July 1, 2019 through June 30, 2019. Every highway vehicle that weights 55,000 pounds or more automatically falls due for this 2290 taxes, irrespective of the earlier filing period and month.

Reporting Period:

Form 2290 and Schedule 1 is reported between July 1, 2019 to August 31, 2019; for the tax year July 2019 – June 2020. However for this year, August 31 falls on a weekend and the next business day, September 3, 2019 is the new due date. The day next to Labor Day. Less time left for paper work, try electronic filing for faster processing and issuing you back the IRS watermarked Schedule 1 proof of payment.

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Taxpayers can file Form 2290 electronically to pay heavy highway vehicle use tax

IRS is reminding the 2290 tax payers who are heavy highway truckers, to electronically report the Federal Vehicle Use Tax Form 2290 on or before September 3, 2019.

Taxpayers who must pay the heavy highway vehicle use tax should remember they can file and pay electronically. While some taxpayers who file Form 2290 are required to file electronically, all 2290 filers can do so. These taxpayers can use e-file software to both file Form 2290 and pay what they owe.

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Form 2290 / 720 / IFTA filings are Due TODAY, July 31. E-file Now!

Tick Tock!!!! The time is ticking on the deadline to file your Form 2290 for your Heavy vehicle used Tax. Today you have reached the deadline and is your last day to also file Form 720 & Form IFTA to be on-time.

Tax Forms That Are Due TODAY, July 31:

  • FORM2290 is DUE for TY2019 RENEWAL Immediately.
  • FORM2290 is DUE for Vehicles 1st Used in June, 2019.
  • IFTA fuel tax return for the 2nd qtr. 2019.
  • Quarterly Federal Excise Tax Form 720 for Q2 2019.
  • PCORI FEE on Q2 Form720 filing.

Today, we’ll focus on meeting the above deadlines, if you have any issues with your filing, we are here to help. Reach us through phone (866) 245 – 3918, email: support@taxexcise.com or chat available on the website: www.TaxExcise.com / www.Tax2290.com. We are available until 8:00 CST Today to answer all your questions and assist you with your e-filings.

With only a few more hours left in July, the deadline for reporting the Form 2290 for your trucks that was put into service in the month of June 2019 and all your Annual renewal is DUE TODAY, JULY 31 and HVUT has to be paid to avoid late filing and late payment penalty from the IRS.

You might be wondering why I have to report my annual renewal now when I have until August 30th to do it. Well, the question is “why should you not?” Considering the fact that August is the deadline for filing all the 2290 renewals, hundreds of thousands of 2290 will happen in the month of August and you don’t want your’s to be caught in the middle of not getting processed even though you filed on time, that does not mean the IRS will process it on time, Also with the IRS scheduled maintenance shut down period August 3, 12:01 AM – August 5, 11:59 AM EST, which will even delay the processing further.

So do you still want to ask why should you file it now? Considering the above-mentioned possibilities?

Well, we think it wouldn’t hurt to file your Form 2290 on time, in fact, it will be of a benefit to you, you wouldn’t have to worry about the IRS Form 2290 anymore, you can have your tags and licensed renewed on time and off you go. You are all set until 2020.

Time is running out for form 2290 renewal for TY2019-20, e-file before IRS another scheduled blackout during the 1st week of August. That leaves you just 48 hours, to get your 2290 filed and accepted by the IRS. Our tax experts are just one ring away from answering any questions you might have in regards to your filings. Rest assured, our Tax Experts would never let you go wrong! We are available on Weekends Too!