Tag Archives: 2290 e-file

ThinkTrade Inc., wishes everyone a Merry Christmas

Christmas waves a magic wand over this world, and behold, everything is softer and more beautiful.

Seasonal Greeting form www.Tax2290.com – a product of Think Trade Inc, the ONLY DECADE OLD E-file Service provider for Efiling Federal Excise Tax Form 2290. Holiday Season gives us the opportunity to pause and reflect on the important things around us – a time when we can look back on the year that has passed and prepare for the year ahead. As an Efile Service provider we wish, No Tax payer files their Taxes late and end up paying penalties & Interests. Continue reading

Holiday Season & IRS Shut Down, Brings your HVUT Due Date closer!

 

Christmas is the season for kindling the fire of hospitality – Washington Irving

This is our wish for you: peace of mind, prosperity through the year, happiness that multiplies health for you and yours, fun around every corner, energy to chase your dreams, joy to fill your holidays! We at www.Taxexcise.com / www.Tax2290.com – Products of ThinkTrade Inc., Wishes everyone a happy and great Holiday Season!

Heavy Vehicle Use Tax (HVUT) Form 2290 for Vehicles First used in the Month of November 2018 are due by December 31st 2018. However we have a Very Important information below, if you are thinking about E-filing Form 2290 at the last moment. Continue reading

HVUT Form 2290 Deadline Mid-Month Alert!

Christmas is a holiday that persecutes the lonely, the frayed, and the rejected – Jimmy Cannon

We love everything about the holidays: the decorations, the parties, and spending time with friends and family. Most importantly it is the feeling of giving back. Every bit counts. It is very evident that we all are busy making our holiday plans, but we must also make sure that we take care of the obligations before we start partying. One such thing is Taxes.

HVUT, Federal Excise Tax Form 2290 is due by December 31st, for vehicles first used in the month of November. Normally one can E-file their Federal Excise Tax Form 2290, even on the very last day. But that is not the case this Month, The IRS servers will be shut down for Yearend Maintenance before Christmas. So any Tax Return that is submitted during the shutdown period will be processed by the IRS only when they resume operations, which would be by the first week of January 2019. Continue reading

IRS E-file Servers will be down for Year-end Maintenance Soon!

Start early and begin raising the bar throughout the day – Caitlyn Jenner

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.

www.Tax2290.com  a product of Think Trade Inc., The Decade old IRS Authorized E-file Service Provider for Efiling, Federal Excise tax Form 2290 takes the responsibility to alert all its clients, customers & other Excise Tax payers to E-file their Excise taxes before the IRS Efile Shutdown. Since there is no Official notification yet from the IRS, it is highly recommended that you complete your Excise Tax Efiling as soon as possible. Continue reading

Know How to Claim Tax Refund on your Form 2290!

Every day we receive calls regarding how to claim tax refund on the Form 2290 for vehicles that were sold/destroyed/stolen. Well it’s easy than you imagined. When you come across this situation, you must remember that you got few options before raising the claim, as a Credit or a Refund?

Well we all know that refund is simply getting your money back option, whereas credits are primarily adjustments which could be utilized during your Form 2290 filing process to lessen and to nullify your tax due that is been paid to the IRS.

There are 3 scenarios by which a vehicle could be entitled to be qualified for Claims:

  1. When the tax due is overpaid for a vehicle within the same tax year.
  2. When the Vehicle is Sold/Destroyed/Stolen
  3. Low Mileage Vehicle Credits

Tax Overpaid Credits/Refunds:

The main reason for an over-payment occurs due to duplicate filings, meaning that you have already filed a Form 2290 for the subjected vehicle, yet you end up filing and paying it all over again for the reason if you can’t find your filed Form 2290 in your records. Applying Credits as such could be used versus the tax due of the 2290 filing that you tend to do anytime during a respective tax year using the Form 2290, for a refund use the Form 8849 Schedule 6 instead.

When the Vehicle is Sold/Destroyed/Stolen

When the subjected vehicle is Sold/Destroyed/Stolen during the respective tax period for which the tax amount is pre-paid full, you may Credits as such could be used versus the tax due of your future 2290 filing. However, use Form 8849 Schedule 6 to get your money back.

Low Mileage Vehicle Credits

This happens when you have pre-paid full tax due to the IRS during a respective tax year and if the vehicle is determined not been used over the mileage limit of exemption, you may either claim a full credit/refund by the following year.

However, all these refund claims are primarily done by Form 8849 Schedule 6, which generally takes up to 21 business days to receive the refund check back from the Internal Revenue Service. Any questions regarding your claims can be dealt with the IRS refund claim department @ (866) 699-4096.

File Form 2290 electronically through an IRS Authorized E-file service provider participating in the IRS e-file program for excise taxes, such as www.Tax2290.com. E-Filing is required by the IRS, if you are reporting 25 or more trucks on a return. For any more questions you may have reach us @ 1-866-245-3918 or write to us @ support@taxexcise.com or Ping them using the LIVE CHAT Option available on the website.