Category Archives: Truckers Need

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

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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.
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Form2290 New Tax year 2020-2021 Officially begins today, avail discount on your filings!

It’s that time of the year again where every Truck Driver, Owner Operator and Business owner are vigilant and on their toes lining up to complete the Federal excise tax (HVUT) Form 2290. Form 2290 is due now and has to be renewed for the tax year 2020-2021. Tax season is here, and with it comes all the routine paperwork and last minute confusion. The earlier you start with the return by figuring out how much your tax is better. Electronic filing has always been the best way to report form 2290 as it is fast and less time-consuming. With most of the IRS offices still closed Electronically filing form 2290 is the only option in getting your tax return completed on time.

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COVID-19, the latest information for Truckers compiled at one place

Truckers are having hard time out fighting the pandemic, the placement of more stringent restrictions across the states on travel and social distancing has changed the dynamics in the commercial trucking industry. Carrier engaged in grocery deliveries or in the medical supply chain have been busy delivering essentials. The freight rates are dipping many truckers and owner operators finding it difficult to meet their needs. Carrier that hauls primarily fuel or to manufacturing centers seeing anything from a slowdown to a cratering of demand. Staying safe and social distancing can help us to stop the spread of COVID-19.

To help the truckers, OOIDA and Land Line Media are compiling the latest updates from federal and state governments on the COVID-19 coronavirus outbreak.  Here are the handy information for you to get all the needed information at one place… Click on the links below to be taken directly to the official documents.

Tax2290.com encourage all our clients and customers to take the health risks posed by COVID-19 seriously and follow the advice of WHO and guidance issued by national and local health authorities. Also, promote regular teleworking across your organization that will help your business keep operating while your employees stay safe. We have developed a contingency and business continuity plan during an outbreak of COVID-19 to ensure all our resources are at your assistance for your federal tax e-filing needs. If you have any questions, please feel free to call our Help Desk at 1-866-245-3918 or email us at support@taxexcise.com or use the live chat support available on the website. We’re available on all Business days between 9:00 AM to 6:00 PM Central Time.

Form 2290 is due by May 31 (June 1) for vehicles first used in April 2020 since the start of tax period July 2019 – June 2020. Choose Electronic Filing to Report and Pay the Heavy Vehicle Use Tax returns with IRS. Easy and Fast to receive IRS Watermarked Schedule 1 Proof Receipt.

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Stay Compliant! Form 2290 for Vehicles First Used in March Due by April 30.

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.

Stay Safe, Stay Strong, we are in this together.