Unlike many other tax return deadlines, the deadline on the Heavy Vehicle Use Tax Form 2290 has not been extended. Every truck driver who travels in and around America will need to file new returns before the actual due date of August 31st. During recent months due to the sudden surge of filings taking place, the IRS has also issued certain guidelines to make this process less cumbersome.
The following are a few key points issued by the IRS for Form 2290.
In an era when smartphones
and tablets have taken over, filing tax returns through paper is slowly going
extinct and completing tax returns online is the need of the hour as it is
easier, precise and efficient. The less complicated your tax return is, the
more rudimentary is the preparation for it.
The slight panicky feeling that happens when deadlines approach and start to accumulate is every tax payer’s worst nightmare. These tax deadlines happen once every year or every quarter and failure to address them results in penalties and interest from Uncle Sam.
It’s time now to put on your
thinking hat and have these tax returns completed in order to stay compliant
with the IRS. A Few Tax forms that are Due this month would namely be:-
Form 2290: The Federal
Excise Tax Form 2290 also known as Heavy Vehicle Use Tax (HVUT) is due for renewal
for the current 2020 tax year. And the deadline to report any new Vehicles first
used in the month of June is due by July31st.
IFTA: International Fuel Tax Agreement is due by July 31st for the second quarter of 2020.
A few words of wisdom a veteran truck driver once said, Never wait until tomorrow for what can be done today. Trucking is a fast-paced business and meeting deadlines have almost become an everyday routine, let it be delivering orders or the time crunch involved in transporting essential consumables. With all these responsibilities on your to-do list, the last thing you wouldn’t need is to miss out on filing a very important tax return. One such crucial deadline would be the Heavy Vehicle Use Tax Form 2290 which comes by once every year.
Our endeavor at
Tax2290.com has always been to strive and help our users file and complete tax
returns ahead of time, this helps them to stay ahead of the curve and receive
much needed Stamped copies to keep on trucking while still staying compliant
with the IRS.
As the saying goes “Cometh the hour, cometh the man” Our Truckers just simply do not fail to amaze us! When all hope fails they are our first line of defense, being on the front line amidst this COVID-19 crisis, risking their lives to make sure our shelves do not run empty and all the while ensuring that much-needed essentials are transported far and wide across the country. It sure is a tough job and not for the faint-hearted.
We at Taxexcise.com love showing appreciation to our truckers for their dedication and safety, and we would go above and beyond to see that your Form 2290 issues are handled while you’re on the road, something we have been doing for over a decade and are best at. After all, our supply chain depends on your reliable transportation.
A Gentle reminder for trucks that were newly purchased or first put into service in the month of April, the deadline to have these vehicles reported on a 2290 is May 31. Due to the lockdown and social distancing Electronically filing your tax return has come in handy and is the most easiest and convenient option to have your return filed on time, though the IRS offices are closed their E-File services are operational and returns filed online are being accepted within a few minutes.
TaxExcise.com is the First IRS Authorised E-file service provider and has been helping businesses and owner operators since 2007 to file and complete tax returns online. Being in business for over a decade and having processed millions of returns we have gained vast experience and knowledge that has allowed us to tackle any fluctuation and unprecedented market changes. Being a trucker essentially means being prepared to expect the unexpected, in this time of crisis with the trucking industry spearheading the fight against COVID-19 as the forefront of transport and supply of essentials we would like to keep you reminded to stay compliant with IRS HVUT form 2290.
The Heavy Highway Vehicle Use Tax Form 2290 is used by truckers as part of their federal tax return. Any vehicle used on federal or state highways with a combined gross weight of over 55,000 lbs has to be reported on Form 2290 and this must be filed every year by the last day of the month following the month of first use. The deadline to have vehicles that were first used or began operations in the month of March is due by April 30th.
With just a handful of currently active e-file providers, we have developed a business continuity plan to stay responsive, this allows us to provide the best customer service and have questions answered in a fast and efficient manner. As we have always thrived to stand out by being the best in line for customer support, we have enabled access to a three-way line of communication, you can speak to us on our toll-free number @ 866-245-3918 or write us an email to support@taxexcise.com to have question answered at your fingertips do try out our LIVE CHAT option available on our user-friendly website.