Category Archives: Insiders on E-filing

E-file your prorated form 2290 by September 30, 2021, for trucks first used in August 2021.

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Truckers, may we have your attention please, The deadline was August 31, 2021, to complete your form 2290 renewal for the tax year 2020-21, however, you still can e-file if you haven’t already, but it’s preferable to file now than later. The shorter time you wait to file, the lower the penalty will be. There’s also a prorated form 2290 to deal with, which is due by September 30, 2021, for trucks that were first utilized in August 2021.

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Just 2 days remaining to E-File Form 2290 for 2021-2022

Due to a large volume of filings taking place it is advisable to have the HVUT Form 2290 completed a few days before the deadline allowing you to beat the last minute rush and also gives you an ample amount of time to make any corrections if necessary. Be sure to have your Form 2290 completed for Tax Year July 2021 – June 2022 before the August 31st deadline in order to stay compliant and avoid any late filing charges with added penalties and interests.

Being the only IRS Authorised E-File Service Provider that’s over a Decade Old it is important that we stand up to your expectations and provide you with continuous support, guidance and undisrupted service. What sets us apart as a company is our vast knowledge gained over the years and unmatched customer service.

For any tax related questions feel free to reach our fully operational help desk. Being the very last day to report HVUT Form 2290 our support desk will be operational until midnight today making sure all returns are processed on time. Our three way line of communication allows you to speak to us by phone @ 866-245-3918 or write to us at support@taxexcise.com, to have your questions answered instantly do also try out the LIVE CHAT option available on the Website.

Stay Safe, Stay Compliant, Happy Trucking!!

How to pay the tax payable on the HVUT Form 2290 renewal filing for the tax year 2021-22.

Every year, on or before August 31, the Heavy Vehicle Use Tax Form 2290 must be renewed. Taxes are a necessary component of doing business and cannot be avoided. The Heavy Vehicle Use Tax (HVUT) Form 2290 is one such tax that truck owners and trucking companies must file. Any big vehicle with a gross weight of 55,000 pounds or more must file this tax once a year. Because the HVUT tax period runs from July to June and the tax is paid in advance at the start of the tax year, the due date to renew Form 2290 for the Tax Period 2021–2022 is August 31st.

The IRS has enabled and has been accepting tax payments using Credit/ Debit cards for over 2 years now. Apart from Credit/ Debit card payment, the IRS has 4 different payment options to pay the taxes,

  • EFW (Direct debit from Bank account)
  • EFTPS (Electronic Federal Tax Payment System)
  • Credit/ Debit
  • Pay by Check/ Money Order
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It’s important to use the correct “Name Control” while e-filing Form 2290, which is due on August 31 for TY2021-2022 renewal.

Though Name Control is a formal concept and one of the most commonly used terms when completing Form 2290. It always raises a concern when it comes to a tax return being rejected. The IRS creates the Name Control and this is a unique code made up of alphanumeric characters which is usually the first or last four characters from the Personal or Business name used when you apply for an Employer Identification Number (EIN) using Form SS-4. The IRS then in turn uses this code to authenticate information provided on tax returns.

What should I do if my return was Rejected for Name Control?

Rejections are common and actually quite easy to correct. Though the term “Name Control” might be Alien for first-time filers, this concept can also be explained in a much easier and understandable way.

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FORM 2290 IS DUE TO THE IRS BY AUGUST 2, 2021 FOR VEHICLES FIRST USED SINCE JUNE 2021

HVUT Form 2290 is required on the last day of the month after the month in which the vehicle was initially put into service, according to federal law. For nearly everyone in the trucking sector, completing Form 2290 has always been a time-consuming task. By submitting this form electronically, you may bypass the long line and obtain your Schedule 1 in a matter of minutes, rather than weeks.

Gentle reminder to all the truckers in the Trucking Industry across the Nation, it is mandate to have the Schedule 1 copy on your vehicle at all times and it is that time of the year to renew and complete the Tax Form 2290 for the tax period July 2021 – June 2022. The Pro-Rated deadline for the vehicles first used in the month of June, 2021 is before August 2nd, 2021. Be sure to have the vehicles reported to avoid Late filing charges/ penalties.

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