Unlike many other tax return deadlines, the deadline on the Heavy Vehicle Use Tax Form 2290 has not been extended. Every truck driver who travels in and around America will need to file new returns before the actual due date of August 31st. During recent months due to the sudden surge of filings taking place, the IRS has also issued certain guidelines to make this process less cumbersome.
The following are a few key points issued by the IRS for Form 2290.
Truck Drivers spend countless hours perfecting their talent. They just don’t pass tests, get licensed, pick up a load, and travel hundreds of miles to expect immediate perfection. They understand that they will make many errors as they learn, but they start with the basics, the key fundamentals first. Having all the required documents and paperwork is the most basic foundation every driver must enhance. Amongst their busy schedule, the necessity to file on time and stay compliant with the IRS has always been a big hurdle.
Being the only decade old provider and through expertise gained over the years, we at TaxExcise.com have always strived to perfect and simplify the process of filing the HVUT Form 2290. Every year we tend to bring out new features based on customer feedback and ever-changing market conditions. Let us take you through a few features that most users are not aware of, and help you understand how to overcome these situations with ease.
Truck Tax Form 2290, heavy vehicle use tax returns electronic filing could get your IRS stamped Schedule-1 proof in just minutes from IRS. Easy, safe and secured filing only at Tax2290.com. When you electronically file, or e-file, your heavy vehicle use tax Form 2290 for vehicles you can pick the right Taxable Gross Weight category between A – V and W, and with full accuracy. If you have more than 25 vehicles at this weight, e-filing is required by the IRS. If your vehicle is operated well within the mileage use limit of 5,000 miles (7,500 miles for agriculture vehicles), you can electronically prepare and report tax suspension on these vehicles.
In an era when smartphones
and tablets have taken over, filing tax returns through paper is slowly going
extinct and completing tax returns online is the need of the hour as it is
easier, precise and efficient. The less complicated your tax return is, the
more rudimentary is the preparation for it.
The slight panicky feeling that happens when deadlines approach and start to accumulate is every tax payer’s worst nightmare. These tax deadlines happen once every year or every quarter and failure to address them results in penalties and interest from Uncle Sam.
It’s time now to put on your
thinking hat and have these tax returns completed in order to stay compliant
with the IRS. A Few Tax forms that are Due this month would namely be:-
Form 2290: The Federal
Excise Tax Form 2290 also known as Heavy Vehicle Use Tax (HVUT) is due for renewal
for the current 2020 tax year. And the deadline to report any new Vehicles first
used in the month of June is due by July31st.
IFTA: International Fuel Tax Agreement is due by July 31st for the second quarter of 2020.
It’s that time of the year again where every Truck Driver, Owner Operator and Business owner are vigilant and on their toes lining up to complete the Federal excise tax (HVUT) Form 2290. Form 2290 is due now and has to be renewed for the tax year 2020-2021. Tax season is here, and with it comes all the routine paperwork and last minute confusion. The earlier you start with the return by figuring out how much your tax is better. Electronic filing has always been the best way to report form 2290 as it is fast and less time-consuming. With most of the IRS offices still closed Electronically filing form 2290 is the only option in getting your tax return completed on time.