File HVUT 2290 Taxes online with Tax2290.com

Form 2290 – Heavy Vehicle Use Tax has to be reported and if you have not filed for this Tax Year 2010 – 2011, no more waiting efile today from anywhere, anytime at www.Tax2290.com

Efile 2290 Taxes along with 2290 Amendments and Sold/Low mileage Claims at one place www.Tax2290.com

Electronic filing:
Electronic filing is required for each return reporting 25 or more vehicles that the taxpayer files during the tax period. However, all taxpayers are encouraged to file electronically. File Form 2290 electronically through www.Tax2290.com IRS certified transmitter, participating in the IRS e-file program for excise taxes. For more information on e-file, visit our website.

Getting Started!
To complete Form 2290, have the following information available.
1.    Your employer identification number (EIN). You must have an EIN to file Form 2290. You cannot use your social security number.

2.    The vehicle identification number of each vehicle.

3.    The taxable gross weight of each vehicle to determine its category.

When To File?
Form 2290 must be filed for each month a taxable vehicle is first used on public highways during the current period. The current period begins July 1, 2010, and ends June 30, 2011. Form 2290 must be filed by the last day of the month following the month of first use. The filing rules apply whether you are paying the tax or reporting suspension of the tax. The following examples demonstrate these rules.

Example. John uses a taxable vehicle on July 1, 2010. John must file Form 2290 by August 31, 2010, for the period beginning July 1, 2010, through June 30, 2011. To figure the tax, John would use the amounts on Form 2290, page 2, column (1).

Example, continued. John purchases a new taxable vehicle on January 3, 2011. The vehicle is required to be registered in his name. The vehicle is first used in January. John must file another Form 2290 reporting the new vehicle by February 28, 2011, for the period beginning July 1, 2010, through June 30, 2011.

Note: If any due date falls on a Saturday, Sunday, or legal holiday, file by the next business day.

Extension of time to file: Before the due date of the return, you may request an extension of time to file your return by writing to the Department of the Treasury, Internal Revenue Service, Cincinnati, OH 45999-0031. In your letter, you must fully explain the cause of the delay. Except for taxpayers abroad, the extension may be for no more than 6 months. An extension of time to file does not extend the time to pay the tax. If you want an extension of time to pay, you must request that separately.

Penalties and Interest
The law provides penalties for failing to file returns or pay taxes when due. There are also penalties for filing false or fraudulent returns. These penalties are in addition to the interest charge on late payments. The penalty for filing a return late or paying the tax late will not be imposed if you can show reasonable cause for not filing (or paying) on time. If you file after the due date (including extensions), attach an explanation to the return to show reasonable cause.

Tax2290.com a part of TaxExcise.com and a product of ThinkTrade, Inc. based at TN is the 1st IRS certified efile service provider for all Excise Tax Forms [2290, 8849, 720]. ThinkTrade, Inc. is an BBB accredited company with A+ certification.

File Taxes online and save paper for ever. What are you waiting for! Try for FREE and pay to print or transmit your return electronically.

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An e-tax professional at http://www.tax2290.com, a product of Think Trade Inc., A BBB accredited, IRS authorized E-file service provider for all kinds of Excise taxes like Form 2290, Form 720, Form 8849 etc, my articles will reflect friendly ideologies of my company just like how friendly our e-file tax application is to them. For any queries, reach us @ 866-245-3918 or email us on support@taxexcise.com or info@thinktradeinc.com