Hello, truckers and trucking taxpayers! Reporting your Form 2290 tax returns every season, getting the IRS Schedule 1 copy, and staying in compliance with the law is not an easy process. But with the help of Tax2290.com, you can have a smooth, accurate, and stress-free Form 2290 filing process with the IRS and get the instant IRS digitally watermarked Schedule 1 copy. If you are new to Tax2290.com, here are the answers to some questions that arise in your mind.
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Important things required to complete filing the HVUT form 2290 for this tax year, 2022-2023.
Form 2290 Highway Heavy Vehicle Use Tax
All truckers must file the highway heavy vehicle use tax for their heavy vehicles to operate their trucks on the public highways of the United States. And they must report their truck taxes using form 2290 to the IRS. Generally, the form 2290 truck taxes are paid in advance during the beginning of the tax season in July, and the tax period lasts till the end of the following June. Therefore, the new tax period for this tax year, 2022-2023, has started, and it is time to file your form 2290 to the IRS to continue your trucking operation. The deadline to report your truck taxes is August 31, 2022. So, all truckers must file form 2290 and get the IRS stamped schedule 1 receipt within the deadline.
Just 2 days remaining to E-File Form 2290 for 2021-2022
Due to a large volume of filings taking place it is advisable to have the HVUT Form 2290 completed a few days before the deadline allowing you to beat the last minute rush and also gives you an ample amount of time to make any corrections if necessary. Be sure to have your Form 2290 completed for Tax Year July 2021 – June 2022 before the August 31st deadline in order to stay compliant and avoid any late filing charges with added penalties and interests.
Being the only IRS Authorised E-File Service Provider that’s over a Decade Old it is important that we stand up to your expectations and provide you with continuous support, guidance and undisrupted service. What sets us apart as a company is our vast knowledge gained over the years and unmatched customer service.
For any tax related questions feel free to reach our fully operational help desk. Being the very last day to report HVUT Form 2290 our support desk will be operational until midnight today making sure all returns are processed on time. Our three way line of communication allows you to speak to us by phone @ 866-245-3918 or write to us at support@taxexcise.com, to have your questions answered instantly do also try out the LIVE CHAT option available on the Website.
Stay Safe, Stay Compliant, Happy Trucking!!
How to pay the tax payable on the HVUT Form 2290 renewal filing for the tax year 2021-22.
Every year, on or before August 31, the Heavy Vehicle Use Tax Form 2290 must be renewed. Taxes are a necessary component of doing business and cannot be avoided. The Heavy Vehicle Use Tax (HVUT) Form 2290 is one such tax that truck owners and trucking companies must file. Any big vehicle with a gross weight of 55,000 pounds or more must file this tax once a year. Because the HVUT tax period runs from July to June and the tax is paid in advance at the start of the tax year, the due date to renew Form 2290 for the Tax Period 2021–2022 is August 31st.
The IRS has enabled and has been accepting tax payments using Credit/ Debit cards for over 2 years now. Apart from Credit/ Debit card payment, the IRS has 4 different payment options to pay the taxes,
- EFW (Direct debit from Bank account)
- EFTPS (Electronic Federal Tax Payment System)
- Credit/ Debit
- Pay by Check/ Money Order
It’s important to use the correct “Name Control” while e-filing Form 2290, which is due on August 31 for TY2021-2022 renewal.
Though Name Control is a formal concept and one of the most commonly used terms when completing Form 2290. It always raises a concern when it comes to a tax return being rejected. The IRS creates the Name Control and this is a unique code made up of alphanumeric characters which is usually the first or last four characters from the Personal or Business name used when you apply for an Employer Identification Number (EIN) using Form SS-4. The IRS then in turn uses this code to authenticate information provided on tax returns.
What should I do if my return was Rejected for Name Control?
Rejections are common and actually quite easy to correct. Though the term “Name Control” might be Alien for first-time filers, this concept can also be explained in a much easier and understandable way.
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