Category Archives: Heavy Vehicle Use Tax

E-File & Renew HVUT Form 2290 for Tax Year 2020 – 2021.

The Heavy Vehicle Use Tax Form 2290 is due for renewal every year before August 31. Taxes are part and parcel of any business and it is unavoidable. One such tax filed by Truck Owners and Trucking Companies is the Heavy Vehicle Use tax (HVUT) Form 2290. This Tax must be filed annually for any heavy vehicle with a gross weight of 55,000 pounds or above. Since the tax Period for HVUT starts from July and ends in June the Tax is paid in advance by the beginning of Tax Year, the due date to have Form 2290 renewed for Tax Period 2020 – 2021 is August 31.

Continue reading →

Celebrate Friendship Day with a 10% Discount on Form 2290

FORM 2290 IS DUE NOW FOR 2020 – 2021, E-FILE NOW TO RECEIVE STAMPED SCHEDULE-1 COPY IN MINUTES!

The circle of friendship is a place of warmth and care, where people of all walks of life come together for listening and sharing. A place of kindness and trust, a place for tears, joy and laughter too. We are glad to share this circle with a special trucker like you. We at Taxexcise.com would like to wish every passionate trucker a Happy Friendship Day, well as the saying goes “A friend in need is a friend Indeed”.

Commemorate this pact of friendship with a discount on the E-file preparation fee. Since this being the last month to renew the HVUT Form 2290 for 2020-2021, we would like to kickstart August with a 10% discount on Form 2290 valid until Aug 2nd, use code TAXBUD10 to avail an instant discount of up to $40 on the service fee.

Continue reading →

Recent IRS Updates and TODAY’S Deadlines for Q2 IFTA & Pro-rated Form 2290

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.

Continue reading →

HVUT Form 2290 Now Due for Tax Year 2020 – 2021!

Truck Drivers spend countless hours perfecting their talent. They just don’t pass tests, get licensed, pick up a load, and travel hundreds of miles to expect immediate perfection. They understand that they will make many errors as they learn, but they start with the basics, the key fundamentals first. Having all the required documents and paperwork is the most basic foundation every driver must enhance. Amongst their busy schedule, the necessity to file on time and stay compliant with the IRS has always been a big hurdle.

Being the only decade old provider and through expertise gained over the years, we at TaxExcise.com have always strived to perfect and simplify the process of filing the HVUT Form 2290. Every year we tend to bring out new features based on customer feedback and ever-changing market conditions. Let us take you through a few features that most users are not aware of, and help you understand how to overcome these situations with ease.

Clone Return

Continue reading →

Form 2290 Renewal for TY 2020 & IFTA for Q2 of 2020 Due Now!!

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.
Continue reading →