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

Turn Smart on utilizing the online service to file your HVUT!!

There are many websites on the internet that enable you to use their services easily. Only by sitting in front of your computer, you are able to utilize their services without getting difficulties to look for the service providers in your city. At first, any websites on the internet only sell many kinds of products but nowadays, online services are also available. Continue reading

Trucking tax – How to notify IRS of change of address?

You have seen remarkable business profits, setting up a new business location and shifting things there for better prospects. The reasons may be anything to make a move. But, to make sure this doesn’t affect your tax communications from the IRS or any refunds that should reach you, you ought to notify them about your new business address. There are many ways you can go about doing this. 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