Someone once stated that the two things constant in everyday life are death and taxes. When it comes to the latter, you will notice two things disturbingly constant to it: long lines and so many items to write. For truckers, one common headache is the filing of IRS Form 2290 when you pay the Heavy Vehicle Use Tax (HVUT). Continue reading
The process of filing a form 2290 (HVUT) with the IRS is easier than it has ever been. All that is needed to file this return is a basic understanding of your business information and an Internet connection. The quickest and easiest way to file this form is through Tax2290.com an IRS Authorized E-File Provider for E-filing HVUT.
With Tax2290.com it is incredibly easy to log in and complete your filing. The application is built in a way that breaks complex tax form into a series of easy to understand questions. There is no confusing tax terms; just simple questions that are easy to answer. Continue reading
For owner-operators, the beginning of a new year is more than a time to celebrate. It’s a time to start thinking about taxes. Even though the IRS says you don’t have to complete them until the April deadline, now’s the time to take action. Doing so can save you money—and also prevent headaches later on.
Trucker tax relief: Make tax deductions a top priority
while what can and can’t be counted as legitimate business expenses can be difficult to discern, here are some common deductions available to truckers who own and operate their own vehicle: Continue reading
TAXPAYER IDENTIFICATION NUMBERS (TIN)A Taxpayer Identification Number (TIN) is an identification number used by the Internal Revenue Service (IRS) in the administration of tax laws. It is issued either by the Social Security Administration (SSA) or by the IRS. A Social Security number (SSN) is issued by the SSA whereas all other TINs are issued by the IRS. Continue reading
Why Should I not paper file my HVUT Form 2290returns?
What are the benefits with filing HVUT Form 2290online?
Which mode of filing does IRS recommend?
If you are a fleet owner /operator with the above questions in mind, this article is a must read for you. Read through this article to understand the benefits of filing HVUT Form 2290 online.
It is mandatory that Fleet owners and operators filing HVUT Form 2290 for more than 25 heavy highway vehicles need to e-file their returns. It is essential to note that IRS recommends all owner operators, and tax practitioners to file their HVUT form 2290 online.HVUT form 2290 online is nothing but e-filing the HVUT Tax returns. Continue reading