Tax Relief for Truckers !!!

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

Misconception between TIN & EIN

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

Need for HVUT Form 2290 online!!

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

E-file an IRS Form 2290 in Easy Steps only with TaxExcise!

File 2290 Tax Online

In order to file a Form 2290 with the IRS, the process 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 TaxExcise.com an IRS Authorized first E-File Provider for the Form 2290.

With TaxExcise.com, it is incredibly easy to login and get going. The system is built to break the complex tax form into a series of easy to understand questions. There is no confusing tax jargon, just simple questions that are easy to answer. Continue reading

Few Points To Keep In Mind While Efiling Your Form 2290!

Tax2290.com is the quickest, easiest, and best way for filing your Form 2290 (Heavy Truck Use Tax) online with the IRS. Here are a few points to keep in mind while e-filing.• E-file your 2290 returns with Tax2290.com

• Review EIN# [Employer Identification Number]                             

•Review your Tax Year and Month

• Review your VIN [Vehicle Identification Number]

• Choose a payment option to the IRS

• Review all the information

• Double check your Business Name

• E-File Your 2290 Return Continue reading