Heavy Vehicle Use Tax season is just around the corner. The tax period starts on 1st July 2010. Hope you are aware that IRS has mandated e-filing for taxpayers with 25 or more vehicles with registered gross weight of 55,000 lbs or more, but always encourage everyone to do e-filing.
Tax2290.com has simplified e-filing process and provides many unique features to serve you better. You can try for free at www.tax2290.com. If you are satisfied, you can submit it online.
Get ready for the new Tax Season and efile your returns to get instant IRS stamped Schedule 1 copy in minutes.What is EIN?
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN. Employer Identification Number is a 9 digit number assigned by IRS to filers of Form 2290.
EIN# is a must to efile taxes with IRS. Owner Operators and Business Owners without EIN can not efile their tax returns with IRS. Don’t have an EIN# then register for one online with IRS.
How to apply for one?
An Employer Identification Number (EIN) can be applied in various ways, and now you may apply online. This is a free service offered by the Internal Revenue Service. Visit www.irs.gov or click below link to apply online
If you are a Tax Preparer and you will be filing for your clients then you should required to have a Preparer TaxIdentification Number (PTIN).
How to apply for PTIN?
Apply for a Preparer Tax Identification Number (PTIN) only if you are a paid tax preparer and you do not want to disclose your Social Security Number (SSN) on returns you prepare. If you use a PTIN, you will meet the requirement under IRC section 6109(a)(4) of furnishing your identifying number on returns you prepare.
The PTIN cannot be used in place of the Employer Identification Number (EIN) of the tax preparation firm. To request a PTIN online go to e-services – Online Tools for Tax Professionals. Once you have registered, follow the online instructions to have a PTIN assigned.
Form W-7P, Application for Preparer Tax Identification Number is used to apply for a PTIN(PDF). Click here to view and print Form W-7p.
How to setup an EFTPS account?
An EFTPS (Electronic Federal Tax Payment System) is one way in which the IRS can receive payment from taxpayers. Many companies already have their EFTPS account established to make payroll deposits and pay taxes.
To set up an EFTPS account visit www.eftps.gov. Before you complete your EFTPS Enrollment Form, you will need to have the following information handy:
Your Taxpayer Identification Number (TIN).
For Businesses this is your Employer Identification Number (EIN).
For Individuals this is your Social Security Number (SSN).
EFTPS offer smooth and Easy fund transfer to IRS. The other options available to pay your tax dues are Direct Debit and Pay by Check/Money Order.
www.Tax2290.com has excellent features that support Form 2290 Amendments and Form 8849 Schedule 6 claims. Taxpayers can contact our Help Desk for guidance and to get their doubts clarified instantly. Apart from this tax payers can read our FAQ section for general refund queries. Our tools help you in step by step filing. It’s Easy, Its Simple and It’s Secured.