Updated Federal Heavy Vehicle Use Tax (FHVUT) information:

The unladen weight of a vehicle plays no part in Federal Heavy Vehicle Use Tax determination. FHVUT proof is needed only if a commercial motor vehicle is operated at 55,000 pounds or more combined gross vehicle weight (CGW).

The Department of Motor Vehicles (DMV) no longer accepts evidence that an applicant is making payments to the Internal Revenue Service (IRS) for FHVUT proof. IRS stamped Form 2290 Schedule 1 copy is a must and should be carried. For efiling, IRS issues a watermarked schedule 1 copy as proof. The IRS does not accept partial payments for FHVUT.

The IRS requires taxpayers with 25 or more vehicles to file their FHVUT Schedule 1, Form 2290 electronically (they cannot paper file). Continue reading →

Form 2290 is due December 31st, 2010 if used first in November 2010.

Tax2290.com – Reminder, Heavy Vehicle Use Tax (IRS Form 2290) is due December 30th, 2010 if your vehicle first used in November.

Have you used your vehicle first time in December since July 1st?
If YES, then you need to file form 2290 by end of this month and get your Schedule 1 copy instantly at www.Tax2290.com

Is your gross weight Increased? Is your Vehicle Mileage Limit exceeded since the recent tax return?
If YES, then you now need to file an Form 2290 Amendment to get the reviced Schedule 2 in minutes. Also you can claim your refund from IRS by filing Form 8849 Schedule6 at www.TaxExcise.com

Have you down-sized the number of Vehicles? Is your Vehicle reported Low Mileage from the last filed return?
If Yes, then IRS owe!!! Yes you need to claim a credit back on a Sold / Destroyed / Stolen Vehicle or Low Mileage Vehicle or any other claims at www.taxexcise.com and get it accepted instantly.

You can do all these things at one place www.TaxExcise.com Try now!!! We are BBB Accredited with A+ rating.

Avoid getting penalized by the IRS by simply filing these easy returns at www.Tax2290.com or www.TaxExcise.com . You can get Schedule 1 copy instantly right in your email. www.Tax2290.com has come up with few ultimate features just for you.

TaxExcise.com is currently running a promotional sweepstakes, in which you will get a chance to win an iPod Touch. Every successful filing with the IRS through our system will get an automatic entry to this sweepstakes starting November 17th 2010 and runs through January 5th 2011.

Treat yourself this Holiday! efile your Excise Tax forms [Form 2290, Form 8849 and Form 720] and win iPod Touch.  read more @ http://www.TaxExcise.com/holiday2010/

Easy efiling, Simple Steps, Instant Schedule 1 copy and many more. Try it now!!! and increase your probability of winning by e-filing more returns.

Talk to a live Support Person at 1-866-245-3918 or simply email your queries to support@TaxExcise.com

How technology helps in filing error free IRS Tax Form 2290 returns?

Tax Form 2290 filing is a tough task when it is done using paper filing. Let us see how e-filing technology has made this process really easy and error free. E-filing is nothing but the process of submitting your HVUT Form 2290 return filing electronically over the internet.

How technology eliminates mathematical errors?

Generally there are possibilities for mathematical errors while calculating the returns for tax Form 2290. But e-file service provider Tax2290.com has enabled the use of tax Meter that helps in eliminating these mathematical errors. Tax Meter is nothing but software that easily calculates the total figure that you need to return using Form 2290. Continue reading →

Who Can Take a Credit for Federal Tax Paid On Fuels?

Final purchasers, and in some cases, ultimate vendors of certain types of fuels may be able to claim a refund or credit for the federal excise tax that applies on the fuel if it is for specific nontaxable uses, such as on a farm, for off-highway business use, for commercial fishing, in certain types of intercity, local, and school buses, and for exclusive use by a non-profit educational organization.

A credit can be taken for U.S. federal Income tax purposes for certain non-taxable use of fuels.  This credit can be claimed on Form 4136, Credit for Federal Tax Paid on Fuels, filed with the annual federal income tax return.  Certain taxpayers may be entitled to claim a periodic refund for the federal excise tax on fuels, by filing Form 8849, Claim for Refund of Excise Taxes.  A credit can also be claimed on Schedule C of Form 720, Quarterly Federal Excise Tax Return, if a liability for excise taxes is reported on that form. Continue reading →

Is your vehicle suspended and want to report to IRS

Tax2290.com is ready for the tax year 2010-2011 with a ultimate new look and excellent features.  Reporting a Suspended vehicle will help to reduce a tax due when a vehicle will only run below 5000 miles.

Let us consider a situation where a taxable heavy highway vehicle which weighs over 55,000 lbs or more is estimated to run on public highways for a distance lesser than 5,000 miles 97500 miles for Agriculture Vehicles). With the above stated condition, the owner of the truck is eligible to apply for suspension of heavy vehicle use tax. Please note the mileage limit for the same purpose for an agriculture vehicle is 7,500 miles or less. Continue reading →