Tag Archives: Sch1 in minutes

National Trucker Appreciation Week

The moment we have all been waiting for is here and it’s about time we roll out the Red Carpet. This year’s National Truck Driver Appreciation Week falls between September 13-19 and most certainly takes on a special significance considering the crucial role truck drivers played during the recent COVID-19 pandemic. A shout out to all our heroes who have kept our country running by transporting the most essential goods and services.

The pandemic has been tough on all of us and it really takes a true hero to beat the odds and transport much-needed life’s essentials. Our truck drivers have always been the backbone and lifeline of our Great Country and We at Taxexcise.com would like to take this opportunity to applaud and congratulate all the amazing souls that have been keeping our country running during these difficult times.

We would also like to keep you reminded to stay compliant with upcoming tax deadlines. Form 2290 is due on September 30, 2020 for vehicles that were first put into service in the month of August.

For users who have questions on your tax returns do reach our help desk for added support. To have maximum outreach in terms of customer service feel free to use our three-way line of communication, you can reach us at 866 – 245 – 3918 or write to us at support@taxexcise.comLIVE CHAT support is also available that allows you to connect with our agents and get your questions answered instantly.

Stay Safe, Stay compliant, and Keep on Trucking!

Record keeping, an important aspect of tax Filing!

record-keeping‘Prevention is better than cure’ is one of the oldest phrases that we hear from time to time. In business when it comes to financial matters, it is important to keep records of all transactions as a precaution; be it small or a big transaction. The sole and the most important reason to perform business activities is to earn profit; increase the zeros in our bank accounts. At the same time, we want to make sure that no mistakes or problems occur while earning those hard earned dollars for IRS or anybody else to snatch it away from us. Hence we need a good record keeping system that can actually help you save money. Keeping records to maintain the progress of our business is just as important. As per the IRS, Keep records of all your Excise taxes for at least 3 years after the date the tax is due or paid, whichever is later. They must be available at all times for inspection by the IRS. When it comes to tax 2290, it is important to maintain records for the following reasons: Continue reading

E-File Your Excise Tax Form 2290 On Time Online!

TaxesPunctuality is a very important word in a Truckers Dictionary. Once I heard a 15 years experienced Truck Driver say “I’m a little trucker and trucking’ is what I do best. It’s what I want to do with my life, and that’s how I’ll be. Driving down the highway, carrying what someone will eat or need tomorrow makes the hair on the back of my neck stand up.”

I would say “IF YOU BOUGHT IT, A TRUCKER BROUGHT IT”. There is always trouble waiting if there is a delay, be it anything.  Everyone in trucking business is well disciplined and has to follow a strict schedule. Continue reading

When is Form 2290 due?

When a new vehicle is put into service, the Form 2290 must be filed by the last day of the following month. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was used on February 15th, it will be taxed as though it was used the entire month. If you first placed your vehicle on the road anytime in February, you can file your Form 2290 anytime between now and March 31st, 2016.   Continue reading

Leap Year postpones your Form 2290 Due date to 29th February

Dear Truckers, Benefits of a leap year can be many but for us in Trucking Industry it’s a gift. Yes..! It postpones our tax deadline by a day for filing Form 2290 HVUT. This February it’s not 28th but 29th will be your Deadline to E-file Form 2290 for vehicles first used in January 2016, since July 2015.    Continue reading