“According to the IRS, the wealthiest 400 Americans, who earned an average of roughly $270 million in 2008, paid an average tax rate of just 18.2 percent that year. That’s about the same rate paid by a single truck driver in Rhode Island” – Sheldon Whitehouse. Anyone in the Trucking Industry will sure accept to this. Along with the huge responsibility on the condition of the goods they carry on their heavy rigs because the loads that they transit are not their property but they take complete ownership of the timely delivery they also have to remember and take care of the taxes they owe.
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.
The vehicle comes first because they make their bread and butter out of it & their family and loved ones are dependent on the Truckers income for their survival. Along with a well maintained truck, Trucker must also keep all required papers current. One Such important piece of paper we are talking about is their Stamped Schedule 1 copy, the proof for filing their Federal Excise Tax Form 2290 (HVUT). They need to keep a copy of it all times on their vehicle and they need it to get their Truck registered as well.
Federal Excise Tax Form 2290 (HVUT) is due by March 31, 2017 for vehicles first used in the month of February 2017 since July 2016. Though there are several ways to file this Tax Form the most advanced and easiest way to file them is E-filing with the ONLY DECADE OLD IRS Authorized E-file Service Provider, www.Tax2290.com . Reach us @ 1-866-245-3918 or write to us @ email@example.com .