HVUT online filing high spots!

Scanning our e-file application from outside might make you wonder how good the inside story might be. You have free trials as answers on the go. But getting to know in detail about what would cheer you inside when you are outside is always a pleasure. As you know, we always work for your tax filing pleasure and satisfaction. So, here’s a list. Continue reading

What happens when you file your tax returns late?

Be it form 2290 or any other tax form, IRS considers late filing with an implied penalty. Here’s a 1985 case that I recently read which educates the importance of filing taxes on time and the danger of doing it late.

George’s mother Mary (names changed) died for some reason and had previously appointed her son as the executor of her will. George, involved in his business all the time, retained John (name changed again) as to serve as the attorney for the estate in his hands. John responsibly informed George about the federal estate tax return that he had to file but missed to mention the due date. The return was due within nine months of the decedent’s death as per law. Having the experience of only being the executor of the will and not any bit about federal estate taxation, he completely relied on John for instructions and guidance. He also provided John with all relevant information and records required for the return filing. George’s family was in constant touch with John and enquired about the proceedings of the return preparation while every time they were assured that everything would be done well before time. Apparently, John had overlooked the matter because of a clerical oversight in omitting the filing date from his calendar. After a brief meeting between the two, the return was finally filed, three months late. Continue reading

Form 2290 is also vital to safe truck operations!

In order to prevent commercial motor vehicle related accidents and their effects and to contribute to their operational safety through enforcement of safety regulations, the Federal Motor Carrier Safety Administration (FMCSA) was established in the year 2000 within the U.S. Department of Transportation. It works in sync with Federal, State, local enforcement agencies, the trucking industry and others to accomplish their core vision. They have recently launched a Facebook page which can be accessed at www.facebook.com/FMCSA, in order to further create awareness of their safety programs, encourage collaboration, stimulate innovation and engage people to share ideas on improvising nation’s highway safety. Continue reading

IRS form 2290 news for e-filers

It’s the same story on filing HVUT online again for all you truck owners before August 31st of 2012, but, this time with a tinge of twist from the IRS at this point of time. If you are planning to file your heavy vehicle tax returns this week itself, you are triple assured to get your schedule 1 copy immediately. In case your returns reach the IRS for processing any day next week, you are still double assured about your schedule 1 in hands just in time. But during the last day of the last week of August, i.e. the 31st, the IRS has scheduled its e-file facility maintenance activity to begin by 1:00 p.m. EDT. Continue reading

Time to relax with Tax

Its truck tax time. It is understood as to how taxing it will be for all you truck owners. May be as heavy as your truck or even more? Forget it!

If a cargo of tax computations and vehicle information is hauling in and out of your heads, sit with your favorite coffee mug (with of course some coffee inside!), take your reading nerves for a joyful ride over the following tax quotes, perk yourselves up and share it with your friends. Nevertheless, you can always choose to e-file HVUT returns with tax2290.com, which will perk you up instantly making you wonder if filing tax returns was ever this easy! Continue reading