Finally IRS has confirmed that Form2290 filings for Tax period July 2012-June2013 will be open from July 1st, 2012. The due date is restored to its customary date (the last day of the month following the month of first use), unlike prior Tax Period July 2011-June 2012 where the due date for Form 2290 was temporarily changed for July, August, September and October. This means your HVUT is due on the normal date of August 31, 2012 for vehicles first used in July 2012. Continue reading
IRS Urges Tax Preparers to Take Competency Tests ASAP!
The Internal Revenue Service is encouraging tax preparers to take a new competency exam as soon as possible.
To date, over 4,800 people have become Registered Tax Return Preparers, according to the IRS. The IRS is urging an estimated 340,000 preparers required to take the test to do so as soon as possible so they will have more time if they need to retake the test and to avoid a potential flood of last-minute test takers. Continue reading
IRS Will Not Mail Form 2290 Any More!!
Last year, The Internal Revenue Service announced that they will not be mailing Form 2290 to taxpayers. This step was taken due to the increase in electronic filing. Although the IRS Requires Trucking Companies with 25 or more Heavy Vehicles to e-file, the IRS actively encourages everyone needing to file the Form 2290 electronically. The IRS has legitimate reason to do this because filing electronically is the quickest, easiest, and safest way to file tax returns. Continue reading
IRS Changes EIN Limit To One Per Day !!
Effective May 21, the IRS will begin issuing only one EIN (employer identification number) per responsible party each day, a change from the current limit of five per day. This limit applies to all requests for an EIN whether online or by phone, fax or mail. This policy was implemented to ensure fair and equitable access to all applicants with legitimate tax administration-related needs. It also ensures the EIN system continues to operate effectively. Continue reading
E-File For VIN Correction With Tax2290.com
When you have Vehicle identification numbers(VIN) of up to 17 characters with mixed numbers and letters, mistakes
happen. For example, You type 5 instead of S. Let’s say that you file form 2290 and pay $550 to IRS and get your Schedule 1 You take it to the DMV or the Carrier, then you realize that the Schedule 1 has the wrong VIN. What do you do? Continue reading