Hey, there, Truckers! This post reminds you about a truck tax due deadline for the vehicles first used or recently purchased in April 2022. The last date to file your form 2290 HVUT and get the schedule 1 copy is today. So, beware of the deadline, and if you didn’t report your taxes for your April used vehicle, you should report the form 2290 on a pro-rated or partial period within the end of this day. Or you will be charged hefty penalties and late fees from the IRS for not paying the taxes on time and not having the appropriate schedule 1 copy even after the deadline. So, e-file your truck taxes using form 2290 at Tax2290.com and get schedule 1 straight to your email immediately.
Continue readingCategory Archives: E-file
We are now accepting Form 2290 pre-file for the upcoming TY 2022-2023 at Tax2290!
Hello, truckers! It’s already May, and the next tax period for form 2290 highway heavy vehicle use tax is almost here. And IRS is preparing to start accepting the form 2290 for the new tax period as soon as it begins in July 2022. Truckers and truck taxpayers must file Form 2290 and pay the truck tax amount to the IRS and get the IRS approved schedule 1 copy to continue their smooth operation on the public highways for a year.
The Next Tax Period, 2022-2023, is approaching soon!
Generally, the tax period starts at the beginning of July and lasts until the end of next June. So, the truckers should report their truck tax using the HVUT form 2290 and pay the tax amount in advance for the whole tax year. The deadline to file Form 2290 to the IRS is on or before the end of August every year. IRS is very strict about the taxes and its deadlines. Therefore, the taxpayers should not miss out on the deadline, or else they will be liable for penalties, interests, and late charges.
Continue readingHVUT Form 2290 For Vehicles First used in March 2022 is due by May 2nd, E-file Now!
Truck driving is one such occupation that being a driver is more of a lifestyle than a job. With Busy schedules and time constraints spending a lot of time over the road is not that uncommon. Truck drivers typically have a long workday that starts early and ends late and the downside of staying on the tarmac most of the time is that it is inevitable to forget about a deadline or two.
We at Taxexcise.com/Tax2290.com have consistently kept users reminded on any upcoming deadlines. This in turn allows you to have tax returns completed on time and stay compliant with the IRS. Form 2290 for any new vehicle is due by the last day of the month following the month the vehicle was first used on the state or public highways. The Federal Excise Tax Form 2290 also known as Heavy Vehicle Use Tax (HVUT) is due for any new vehicles that were first used or began operations in March 2022 the deadline to have these units reported on Form 2290 is May 2nd. Be sure to have these units reported to avoid any late filing fees or penalties.
Continue readingTaxpayers should file their tax return on time to avoid costly interest and penalty fees
Taxpayers should file their tax return by the deadline even if they cannot pay their full tax bill. Taxpayers who owe tax and don’t file on time, may be charged a failure-to-file penalty. This penalty is usually five percent of the tax owed for each month, or part of a month that the tax return is late, up to 25%.
If an individual taxpayer owes taxes, but can’t pay in full by the April 18, 2022, deadline, they should:
File their tax return or request an extension of time to file by the April 18 deadline.
- People who owe tax and do not file their return on time or request an extension may face a failure-to-file penalty for not filing on time.
- Taxpayers should remember that an extension of time to file is not an extension of time to pay. An extension gives taxpayers until October 17, 2022, to file their 2021 tax return, but taxes owed are still due April 18, 2022.
Tax Season 2022 and the deadlines are just around the corner, IRS has many ways to pay your tax liabilities and choose a right option to pay the taxes that you owe on-time and complete reporting your tax returns electronically. If you need additional time to report the tax returns apply for Extension of Time using Form 7004 (Business Taxes) and Form 4868 ( Personal Taxes) at https://ExtensionTax.com.
Continue readingForm 2290 Now Due for Vehicles First Used in January 2022
As per the existing IRS norms and regulations, the HVUT Form 2290 for any new vehicles is due by the last day of the month following the month the vehicle was first used on the state or public highways. Any vehicle which was first used in the month of January 2022 is due TODAY, February 28, 2022. And if the vehicle is Taxable you will only be paying a Pro-Rated tax amount from the month first used until the end of the 2290 tax year June 30, 2022. And if a motor vehicle does not exceed mileage 5,000 miles or less (7,500 miles or less for agricultural vehicles) it is considered exempt from tax.
Continue reading