Tag Archives: efile HVUT

All you need to know about Form 2290 Due-date!

taxesWhen a new vehicle is put into service, the Form 2290 must be filed by the last day of the following month. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was used on February 15th, it will be taxed as though it was used the entire month. If you first placed your vehicle on the road anytime in February, you can file your Form 2290 anytime between now and March 31st, 2016.

The tax will be prorated based on the number of months the vehicle will be used during the tax period. So vehicles that were placed in service during the month of February 2016 has to have a HVUT filed for it using the Form 2290 by March 31, and the tax will be based on 05 months, instead of the full year. For vehicles first used in March, the tax will be based on 4 months and so on. Continue reading

Data Security is Tax2290.com’s Prime motto

The first question that pops in the minds of an internet user about e-filing is “Am I using a reliable and secure website?”

As far as Tax2290.com, taxpayers can be rest assured about security since we employ world class technology back up to equip the security of our site. Tax2290.com takes ultimate efforts for protecting your account and Personal/Business information. Continue reading

HVUT Form 2290: Every Truckers responsibility

What is HUVT?
HVUT is the Heavy Vehicle Use Tax that is a fee assessed annually on heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. The gross taxable weight of a vehicle is determined by adding the unloaded weight of the motor vehicle and any trailers together with the maximum load customarily carried on-road by the truck-trailer combination.  Continue reading

Truck Rims For Better Rolling on Road

Trucks are used as a business medium, processing and moving along with the technology, hauling from simple merchandise like perishable goods to imperishable goods varying from small to big companies. Your truck performance is also taken under consideration here. Maintaining your truck like a brand new one is difficult but taking care of the requirements is a must-do scenario. This includes, truck rims.

Wheels and rims work hand in hand to ensure the truck keeps a grip on the road, avoiding accidents on extremely bad weather conditions.

However, if you are wondering what are truck rims, keep reading to know more.  Continue reading

Highway Trust Fund – a safe destination for your HVUT

Trucker duties are delivery bound. So are the taxes they pay for their heavy trucks, to the Federal Government. The HVUT returns you file and taxes that you pay get transmitted to the IRS safely and the IRS in turn returns it to the Federal Funds Treasury. the amounts equivalent to these taxes are then transferred on paper to the HTF, Highway Trust Fund, a transportation fund established in 1956 to finance the United States Interstate Highway System and certain other roads. The revenues of the HTF are intended for financing highways, with the taxes dedicated to the HTF paid by the users of highways. Most of the tax amounts credited to the HTF’s Highway account (one of the three accounts of HTF) are not collected by the Federal government directly from the consumer. They are, instead, paid to the Internal Revenue Service by the producer or importer of the taxable product, except like for HVUT which is paid by the owner. Continue reading