Category Archives: Heavy Vehicle Use Tax

2290 heavy use tax return preparation – Most common errors

You have landed here means you either want to figure out how to pay your annual heavy vehicle use tax for the truck(s) you own or have grounded by mistake or just about anything. This being the period to figure and file your tax returns for the year 2012-2013, you must be all set with form 2290 from the IRS and your vehicle details to start filling out. Before filing your HVUT to the IRS, you must review it thoroughly for correctness and completeness. Below are a few most common errors that may be avoided when you fill and file all by you. Continue reading

HVUT payee’s most trusted e-friend!

Hope you all had a fabulous day out with your friends on Friendships day, yesterday. We wish all those who know and value the warmth procured under the umbrella of friendship, the best of friendship day wishes! Friends are those who support and stand by our success anytime, all the time. This tax season, make the most out of your notably trusted e-friend, tax2290, to file your form 2290 successfully with unyielding support, just like any other true friend of yours. Continue reading

IRS Heavy Vehicle Tax exemptions (HVUT Exemptions)

The annual fee assessed on heavy vehicles for their operations on public highways at registered gross weights equal to or exceeding 55,000 pounds, called HVUT (Heavy Vehicle Use Tax), should be paid to the IRS (Internal Revenue Service) who is responsible for tax collections. The reason all proud truckers should be doing their yearly heavy vehicles tax return filing duty (e-file with authorized software providers like tax2290.com recommended by IRS) aligns perfectly with funding our nation’s highway improvisation programs. Proof of such payments (IRS stamped Schedule 1) will be required for registration renewal to relevant state authorities. This is what we know or at the least what we ought to know in case we don’t, while dealing with heavy vehicles on public highway roads. There are some categories that the heavy vehicle use tax division doesn’t wish to know, called suspended vehicles. According to the IRS, the following are exempted from paying the HVUT. Continue reading

How Essential An IRS Stamped Form 2290 IS..!

Most of the drivers get nervous when they see the flashing lights of a police car on their rear view mirror. Of course, who would like to get pulled over when we are rushing towards our destiny? You like it or not it’s mandatory to show the officer that you are cooperating. The next second those lights come on, make sure that you are being observed and the way you react will decide whether you are going to end up in a problem or not. Continue reading

It’s High Time To File Your Form 2290 (HVUT)

The month of July and August are very important for folks in Trucking, July every year marks the beginning of a new Tax Year for HVUT Tax Form 2290. Any Truck that has a Gross Weight of 55,000 pounds and above has to have a Tax form 2290 filed for it every year in month of July or Latest by the end of August. Continue reading