July is not only known for our nations Independence Day but also for several Tax Due dates! While the Ever busy trucking community is busy renewing their Form 2290 for Tax year 2017 – 2018, there are other Excise taxes that are due this month as well.
Below is the list of taxes that are due now:
Form 2290: Heavy Highway Vehicle Use Tax (HVUT) Form 2290 is due for annual renewal for Tax year 2017 – 2018. This Tax Form is always paid in advance i.e. for tax year 2017 – 2018 you file it in 2017 itself. Though you have time until the end of August to renew your Heavy vehicle use tax it is highly recommended that you E-file it right away through www.Tax2290.com , because if you have not renewed it yet, it means you are operating your vehicle with an Expired Schedule 1 copy. It always good to avoid the last minute rush so, Efile it now and stay ahead of the crowd. Continue reading
Your Federal excise tax form (HVUT) Form 2290 is due now and has to be reported to renew your Form 2290 and Schedule-1 for the tax year 2017-18. The Tax Year begins by July and the Form has to be renewed on or before August 31st.
“Ask not what your country can do for you; ask what you can do for your country.” – John F. Kennedy
“Like mothers, taxes are often misunderstood, but seldom forgotten.” — Lord Bramwell, 19th Century English jurist. Taxes are what we pay for civilized society, Unsure about any other industry but Trucking community and truckers never skip their Taxes. Being said that we know that truckers and the entire Trucking Community are like the seconds hand on a clock working and busy every second. It is quite understandable that they might forget one of the hundred taxes they file.