Tag Archives: FMCSA

Stay compliant with the clearinghouse and the upcoming Tax Deadlines for Form 2290, IFTA and Form 720!

TaxExcise.com has been the most preferred website for E- filing since 2007 and is the first IRS authorized service provider, through the course of all these years we have set our standards to a certain level so as to gain expertise and knowledge about any new updates, which in turn helps us to serve you better.

The start of the New Year naturally brings with it new responsibilities that make us pause and tread with caution. The Trucking Industry has an unstable market and makes us all wonder what the government will do next since New Laws and Regulations are quite common in the trucking business.

A new transportation bill was passed by Congress which will allow the trucking industry to create more jobs and strengthen our transportation system by monitoring and improving highway safety.

The Clearinghouse is a secure online database that will give employers, FMCSA, State Driver Licensing Agencies, and State law enforcement personnel real-time information about CDL driver drug and alcohol program violations, thereby enhancing safety on our Nation’s roadways. This new rule will allow employers as well as the FMCSA mandate drug and alcohol testing programs. This will allow employers to know if the hired driver is capable of performing functions safely while operating a vehicle.

As per the new bill the Drug and Alcohol Clearinghouse has come into effect from January 6, 2020. Employers, drivers, medical review officers (MROs), substance abuse professionals (SAPs), and consortia/third-party administrators (C/TPAs) must register to access the Clearinghouse. Registration are available at https://clearinghouse.fmcsa.dot.gov/register.

Spoiler Alert !!!

That being said, let’s get back to business, we would also like to keep you reminded about the upcoming tax form deadlines. The following tax forms are due by 31st January 2020.

HVUT Form 2290 

Any vehicle used after July in a tax period would only pay a pro-rated tax amount due by the last day of the month following the month the vehicle was first used on public highways. Form 2290 is due for vehicles first put into service in the month of December 2019, January 31st will be the last day to file Tax Form 2290 on those units.

Tax Form 720

Form 720 is used to pay the quarterly Federal Excise Tax that is prepared by any business that deals with goods and services subject to excise tax. Excise Tax Form 720 for the 4th is due on or before January 31, 2020, do have this completed on time to avoid any penalties with interest for late filing.

Tax Form IFTA 

The International Fuel Tax Agreement is also due Quarterly for drivers who travel between two or more member jurisdictions (48 states and 10 Canadians Provinces) this report needs to be filed and taken to their respective Local Jurisdictions for renewing their IFTA license. Tax Form IFTA for the 4th Quarter of 2019 is also due by January 31, 2020.

You might also be wondering about how to get these forms completed as soon as possible and most importantly before the deadline. We at www.taxexcise.com / www.tax2290.com are here to make your filing experience as easy as possible. If you are already a customer, just click on the above link to log in to your account and report the tax returns. But if you are not a customer yet, it is never too late to start on a smooth and easy path that will make your filing experience less complicated and convenient. Just click on the link and join thousands of businesses and owner-operators that are currently using our E-file services.

Do not miss out on the January 31st deadline to report these forms as failure to report or file on time will result in penalties and interest. In order to assist you better, we are one of the few providers that has a three way line of communication, this allows our users to reach out to us for any tax related questions or advice. You can reach our Tax Experts @ 866-245-3918 or you can also email us @ support@taxexcise.com, do also try out our newly upgraded Live Chat Option available on the website.

Do’s & Don’ts When You Get Pulled Over !

Most of the drivers get nervous when they see the flashing lights of a police car on their rear view mirror. Of course, who would like to get pulled over when we are rushing towards our destiny? You like it or not it’s mandatory to show the officer that you are cooperating. The next second those lights come on, make sure that you are being observed and the way you react will decide whether you are going to end up in a problem or not. Continue reading

Merry Christmas Truckers from Tax2290.com

Tax2290.com salutes truckers, who made our X-mas possible & will not be able to enjoy their pleasant time with their beloved ones. Plenty of drivers stay on the road over the holidays, rather than being with their families.

We Tax2290.com wish them all a merry Christmas, and as a tiny Santa would like to offer them a small present. It’s a discount code to avail on their Form 2290 e-filing with Tax2290.com. All a filer needs to do is to type in the coupon code when it prompts while he/she is filing their form 2290. The code is “WELCOME2016”. It would save you flat 20% from your E-filing fee. Continue reading

Trucking Insurance Coverage: Life Rescuer for Truckers

Do you own a trucking company? If yes, have you invested on commercial vehicle insurance to help you in dire circumstances? Unlike any other profession, trucking requires utmost dedication where truckers have to spend most time on the roads risking their life and business. For example, when behind the wheels there are chances of the vehicle being damaged especially while driven on the bad road conditions. To save money on the repairs, possessing a valid insurance would be helpful and also would let you breathe easy. Moreover, if you are an interstate trucker, the insurance laws and agreements are authorized under the Federal Motor Carrier Safety Administration. Read this blog to gather additional information on commercial motor carrier insurance and ensure you carry one for betterment.  Continue reading

Discover More about Long Hauling Requirements

Ever thought what it takes to be a long haul driver? How does a truck driver manage hauling for days and weeks together? It is essential for owner operators to have the necessary requirements to make their trucking business prosperous and handle every task assiduously. Starting from hiring drivers to having the essential equipment, it all requires hard work and dedication for a smooth running of the business. Reading further can help owner operators to have a clear understanding of the requirements and can work on the aspect accordingly. Continue reading