Tax2290.com the most preferred website to E-File Federal excise tax forms would like to keep you reminded about the upcoming deadline for form 2290. Filing form 2290 is made much easier and less complicated since e-file came into effect, the IRS strongly recommends to E-file if you are expecting to report more than 25 vehicles, this makes processing returns faster and stamped Schedule 1 copies are made available within a few minutes.
The Federal Heavy
Vehicle Use Tax needs to be filed by anyone who has registered or is required
to register a heavy highway motor vehicle with a taxable gross weight of 55,000
pounds or more in their name at the time of first use on the public highways.
This filing deadline is not the same as the Vehicle Registration date.
Irrespective of the vehicle registration renewal date form 2290 has to be filed
for any vehicle used after July in a tax period by the last day of the month following the
month the vehicle was first used on public highways. Form 2290 is due by March
2nd for vehicles first put into service in the month of January 2020.
A shout out to all our truckers and fraternity of the Trucking Industry. TaxExcise.com the first authorized service provider by the IRS and the only service provider that has seen over a decade of tax returns pass by would like to keep you reminded that “Until further notice, paying the Heavy Highway Vehicle Use Tax by credit card or debit card is no longer available”.
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.
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.
Greetings
Taxpayers! TaxExcise.com the only e-file service
provider that has been there for over a Decade would like to wish everyone a
Happy and a Very Prosperous New Year. Hope this year brings you Good health and
a lot more tarmac to cover.
We are more than delighted to state that the waiting period is finally OVER! Yes, we have a piece of good news for taxpayers who are waiting to receive their IRS e-filing acknowledgments including the HVUT Form 2290 stamped sch.1 copies for their tax returns submitted during the shutdown period December 26, 2019 – January 6, 2020.
We would like to appreciate your patience during the IRS shut down, the IRS e-file service is back online and the tax returns are now processed in minutes. The IRS e-file came back up this morning and are accepting electronic tax returns, which means your tax returns submitted during the shutdown will be processed by the IRS today and your e-filing acknowledgments and the IRS stamped sch.1 copies will be sent to your email immediately after.
Since the IRS has officially started accepting returns for 2020 we would like to remind you of the upcoming tax deadlines for January 31stfor the following tax forms. Taxpayers can make www.TaxExcise.com their first pit stop to e-file before the deadline.
HVUT Form 2290 For
New Vehicles first used in the month of December 2019.
Tax Form 720 Quarterly
Federal Excise Tax due for the 4th Quarter of 2019.
Tax Form IFTA (International
Fuel Tax Agreement) due for the 4th Quarter of 2019.
Our
Tax Experts at www.TaxExcise.com / www.Tax2290.com are available to assist you at
1-866-245-3918 and support@taxexcise.com on all Business
days between 9:00 AM to 6:00 PM Central Time. You can also drop us a message on
the LIVE CHAT option available on our website.
We
are always interested in suggestions that would allow us to improve upon our
already high standards and encourage you to submit your thoughts here: https://g.page/Tax2290/review
With just a day away from 2020, its time to say goodbye to the old year and welcome the New Year with brightness and joy.
In honor of the New Year 2020, we want to take a moment and thank you all for your continued support. With a journey of a decade behind us, you have helped make each year better than the last. We look forward to continue doing business with you in the year ahead. At the end of the day our customers are the single most important part of everything we do, we value your business and wish you..
Happy New Year to all
our customers, partners, friends and families. Here’s to 2020!!! 🍾🥂
New Year promises to be an exciting and busy time for all of us. With so much going on this holiday season, there is just too little time for us to be prepared for the upcoming tax deadlines that begins from January 2020. So we bring you this blog to help you get organized for the month in advance:
Form 2290:
January 31st, 2020 is the Deadline to E-file your Federal Excise Tax Form 2290
for Vehicles first used in the Month of December 2019 since July 2019.
Form 720:
Federal Excise Tax Form 720 for the Fourth Quarter of 2019 is due by January 31st.
IFTA:
International Fuel Tax Agreement (IFTA), for the Fourth Quarter of 2019 is also
due by January 31st.
Important E-filing Notice:The IRS e-file system is currently shut down beginning Thursday, December 26, 2019 for year-end maintenance and will not be available until they open for e-filing in January 2020. The IRS hasn’t announced the opening day for e-filings but they are usually operational from early-to mid-January.
You can still e-file your tax returns using our website during the Business shut down, we’ll hold your return and transmit it to the IRS when they open for e-filing. But if you need the acknowledgments during the shutdown, we suggest you to paper file your tax returns instead.
The IRS may not be available to assist you during the
shutdown period but Taxexcise.com and its Tax Experts will be available to
assist you even during the Production cutover time. Feel free to reach our Team
@ 1-866-245-3918 or write to us in support@taxexcise.com or ping them
using the LIVE CHAT option available on the website.
Important information for all our CPA customers:
Preparer tax identification number (PTIN) applications and renewals for
2020 are now being processed by the IRS.
All the CPAs who are e-filing federal tax returns for clients
must have a valid 2020 PTIN before preparing returns. All enrolled agents must
also have a valid PTIN.
We are always interested in suggestions that would allow us to
improve upon our already high standards and encourage you to submit your
thoughts here: https://g.page/Tax2290/review
