“The tax code is now nine times longer than the Bible, and not nearly as interesting.” –Rob Portman. No one would deny to the fact that we have a list of Taxes lined up starting March. It all begins with your Business Income taxes and goes on to your personal Income taxes. Are these the only two taxes that are due during March and April? No is the answer and a very BIG NO from the ever working Trucking Community.
Like every month your Federal Excise Tax Form 2290 (HVUT), is due by this Month end for vehicles that went into service last month for the first time since July 2016. To make it more clear, Any Heavy vehicle with a gross weight of 55,000 lbs or above, that was first used on road in the month of February 2017, since July 2016 is due for a Federal Excise Tax Form 2290 (HVUT) by March 31st 2017. Continue reading
The entire world is moving faster day by day. If you let the earth to take one simple rotation which means you have wasted a precious day in your short life. We all know the person who comes second in a race is not a winner, so who would like to be slow or left behind in the race of life. The entire world has become a place for Survival Of The Fittest.
Punctuality is a very important word in a Truckers Dictionary. Once I heard a 15 years experienced Truck Driver say “I’m a little trucker and trucking’ is what I do best. It’s what I want to do with my life, and that’s how I’ll be. Driving down the highway, carrying what someone will eat or need tomorrow makes the hair on the back of my neck stand up.”
We must dare to think ‘unthinkable’ thoughts. We must learn to explore all the options and possibilities that confront us in a complex and rapidly changing world. Before a decade the only way to file your Federal Excise Tax Form 2290 was by Paper. Gone are those days when the IRS mails you a paper form you fill that out all by yourself and either mail it to the IRS or walk directly into an IRS office and spend almost a day to get your stamped Schedule 1 copy.