Author: Santamarina Joseph

Trucking Spotlight

Posted on August 16, 2012 by - 2290, 97, Colestock, e-file, expresstrucktax, Form 2290, Freightliner, HHVUT, HVUT, photo, Pic, Truck, trucking, Trucking Spotlight

– David Colestock

– David Colestock, Inc

– Over 2 million on the old 97.  No leaks and still running strong.

We are proud to showcase our clients’ trucks on our blog! If you are one of our clients, please send us a picture and details about your truck and we will be happy to post them here. Thank You!

Heavy Highway Vehicle Use Tax Return Form 2290 (HVUT) Information

Posted on August 16, 2012 by - 2290 form, 2290 Schedule 1, e-file 2290, EFTPS, EIN, Form 2290, Form 2290-V, Heavy vehicle use tax 2290, IRS, IRS 2290 HVUT 2290, stamped Schedule 1, VIN

HVUT is the Heavy Vehicle Use Tax that is a fee assessed annually on heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. The gross taxable weight of a vehicle is determined by adding the unloaded weight of the motor vehicle and any trailers together with the maximum load customarily carried on-road by the truck-trailer combination.
You must file Form 2290 for the tax period beginning on July 1, 2012, and ending on June 30, 2013, if a taxable highway motor vehicle (defined below) is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more.
There are a few instances where a vehicle is exempt from paying the HVUT tax, even if most of those instances; a Form 2290 is required to be filed even if no tax is due. You can find detailed information on the IRS site at www.irs.gov/trucker.
You need: Business Details – Business Name (Sole proprietor can use their legal name) and address, EIN (Employer Identification Number), details of the authorized signatory.
Vehicle Details – Vehicle Identification Number (VIN) and Gross weight of the Vehicle.
Form of IRS payment-we suggest direct debit.
Heavy Vehicle Use Taxes must be filed using the Form 2290 on an annual basis. The Tax period for Heavy Vehicles begins on July 1st and ends on June 30th.The Annual renewal of your Form 2290 for a new tax period IS DUE BY August 31st each year.
For New Vehicles placed in service, the IRS Form 2290 must be filed by the last day of the month following the month of first use. For example, if you purchase and first use a vehicle in January, you must file a Form 2290 by the end of February.
You can still paper file, but the IRS requires anyone filing for 25 or more vehicles do so electronically and recommends that everyone do so.
Electronically:File Form 2290 electronically through any electronic return originator (ERO), transmitter, and/or intermediate service provider (ISP) participating in the IRS e-file program for excise taxes, such as ExpressTruckTax.com. For more information on e-file, visit the IRS website at www.irs.gov/efile or visit www.irs.gov/trucker.
Paper: Mail Form 2290 to the address showed under Where to File. If you did not pay the tax using the Electronic Funds Transfer or Electronic Federal Tax Payment System (EFTPS), mail Form 2290-V and your check or money order with Form 2290.
Or you can take your Form 2290 to the nearest IRS office.
ExpressTruckTax is an IRS authorized E-file provider for Form 2290, E-file IRS Heavy Highway Vehicle Use Tax Return and get IRS 2290stamped Schedule 1 in minutes. If you have any questions call our Truck Tax team at 704.234.6005 or email at support@expresstrucktax.com.

IRS Form 8849-Claim for Refund of Excise Taxes

Posted on August 14, 2012 by - Claim Form 8849, Claim your Tax credit, Credit Form 8849, e-file 2290, Form 2290, Form 8849, irs 2290, IRS 8849, Schedule 6, truck tax 2290

If you sell a vehicle after you have filed your Form 2290 Return, you would need to file Form 8849, Schedule 6 in order to claim your credit.  

You would also use Form 8849 if your vehicle was stolen, destroyed or for any vehicle on which the tax was paid on Form 2290 if the vehicle was used 5,000 miles or less on public highways (7,500 or less for agricultural vehicles) during the tax period (July 1–June 30).

With ExpressTruckTax, filing your Form 8849 is quick and easy. Just create an account or log in if you already have an account and choose the option Form 8849 and follow the steps. We can automatically generate a Form 8849 or even apply a credit directly to any taxes due during the current tax period when using ExpressTruckTax.com.
For more information or to get started today, visit ExpressTruckTax.com. If you have any questions, contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.

Form 2290 E-Filers must E-File HVUT by 1pm on August 31, 2012

Posted on August 13, 2012 by - 2012, e-file 2290, E-file form 2290 today, File form 2290 before Aug 31, form 2290 due, Hvut 2290, irs 2290, IRS E-file shutdown, Labor day

The IRS will shut down their E-Filing system on at 1pm August 31, 2012 for maintenance over the Labor Day Holiday Weekend. The E-Filing system will resume on at noon on Tuesday, September 4, 2012.
This is taken from the postcard that will be mailed from the IRS to the E-Filers on August 20th:
Form 2290, Heavy Highway Vehicle Use Tax Return, is due by August 31, 2012
Due to IRS facility maintenance taking place over the Labor Day weekend, you will be unable to electronically file your Form 2290 after 1 p.m. Eastern Daylight Time on August 31, 2012. If you intend to file your Form 2290 electronically, please do so prior to 1 p.m. EDT on August 31, 2012, as processing of the form will not begin again until noon EDT on September 4, 2012. If you do not electronically file your return by 1 p.m. EDT on August 31, 2012, your return will be considered timely filed provided the IRS receives the electronically filed Form 2290 by September 7, 2012. This facility maintenance will not affect your ability to file a paper Form 2290. If your Form 2290 reports 25 or more vehicles, you must file electronically.
Note if you are paper filing, the deadline remains August 31, 2012 and all returns must be postmarked by that date to be considered on time.
ExpressTruckTax is an IRS authorized E-file provider for Form 2290 Heavy Vehicle Use Tax Return, E-file IRS HVUT Tax 2290 with us and get IRS stamped Schedule 1 in minutes. If you have any questions call our US based Truck Tax team at 704-234-6005 or email us at support@ExpressTruckTax.com.

IRS Heavy Vehicle Use Tax Form 2290 Stamped Schedule 1

Posted on August 10, 2012 by - e-file 2290, E-file water mark, filing form 2290, Form 2290, Form 2290 for 2012, heavy vehicle use tax, Hvut 2290, IRS form 2290, stamped Schedule 1, Tax professionals, truck tax 2290, VIN Corrections

ExpressTruckTax has a solution to E-File IRS Form 2290 and get a stamped Schedule 1 as simple as possible.
The Stamped Schedule 1 is required in order to register a vehicle. If you mail the Form 2290 to the IRS, it can take 4-6 weeks before it is processed. It can be very stressful to wait until the last minute to register your vehicle because you are waiting for the IRS to send you a stamped schedule 1. If you choose to physically take to the IRS, the nearest office may be many miles away. There can also be very long waiting period at the IRS office of up to several hours.
The quickest and easiest way to receive your Stamped Schedule 1 is to E-File your Form 2290. E-Filing has become more and more popular among taxpayers and tax professionals. The IRS itself recommends E-Filing as their preferred method for filing Form 2290. A leading provider of this service for those in the Trucking or Transportation industry is www.ExpressTruckTax.com.
Instead of waiting for hours or up to 6 weeks for the IRS to stamp your schedule 1 and send it back to you, Express Truck Tax will get your Stamped Schedule 1 within minutes of filing. When you login to the site, you can enter the information for the Form 2290, and Express Truck Tax will then create a Schedule 1 based on that information. That form will be sent to the IRS electronically, and they will then send the stamped Schedule 1 back to Express Truck Tax, who will then automatically email the file to the taxpayer.
This document can also be faxed as well as emailed to the taxpayer as soon as the IRS processes the form. The form will be transmitted with a watermark as well as an IRS E-File logo since the document will not be physically stamped. When ExpressTruckTax sends the Stamped Schedule 1 to the taxpayer, it will be sent as a pdf attachment. Although the form will not be physically stamped, the official E-File watermark serves as an official IRS stamp.
To get started now, visit ExpressTruckTax.com. If you have any questions, contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.

E-File Form 2290 for HVUT Using an Authorized IRS E-File Service Provider

Posted on August 9, 2012 by - 2290 VIN Corrections, Bulk Upload, e-file 2290, Form 2290, Form 8849, heavy vehicle use tax, Hvut 2290, irs 2290, IRS E-file provider, Quick Credits, Schedule 1, Tax professionals

The deadline to file your Heavy Vehicle Use Taxes is August 31, 2012. The leading service provider for E-Filing HVUT – ExpressTruckTax.com is accepting the IRS Form 2290, Heavy Vehicle Use Tax Return (HVUT) for the 2012-2013 tax years. Their fast and intuitive system is as powerful as it is versatile. Whether it’s a one-man trucking company, or a national corporation with multiple fleets, ExpressTruckTax has the greatest value in the industry for HVUT e-filing. Tax professionals can take advantage of deep price discounts and special packages for their clients.
Here are some of the services that ExpressTruckTax has to offer:
One Click Login
There is no need to create an account.  Just login with Face book or Google account to start the process in seconds.
User-Friendly Program
Contextual help and video guides with clear instructions appear throughout the process. They’ve done everything possible to make taxes less taxing.
Real-Time Notifications
Get notifications about the status of a tax return through emails, text messages and even fax! The Schedule 1 can be emailed or faxed automatically to a trucking or leasing company.
Bulk Upload
Companies with more than 25 trucks are required by the IRS to e-file Form 2290. Instead of entering each truck one by one, entire fleets can be uploaded using a spreadsheet.
Quick Credits
While filing Form 2290, the system can identify credits and help taxpayers quickly and easily file Form 8849, so that they get their money back from the IRS faster. An IRS Form 8849 is automatically generated when tax credits exceed the amount of tax due.
Stamped Schedule 1
The tax system is so fast; a Stamped Schedule 1 from the IRS can be received in a matter of minutes.
Form 2290 Amendments and free VIN corrections can be filed in a few easy steps. The system performs a free internal audit of tax information to check for errors before it is submitted. If additional help is still needed, the experienced Truck Tax Experts are available anytime in English and Spanish from their USA-based customer support center in Rock Hill, SC.
There’s really no better combination of affordable prices and knowledgeable professionalism in the industry. To get started now, visit ExpressTruckTax.com. If you have any questions, contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.

E-File Form 2290 Heavy Highway Vehicle Use Tax Return

Posted on August 8, 2012 by - 2290 online, August 31st 2012, e-file 2290, Form 2290, Heavy Highway Vehicle Use Tax Return, Hvut 2290, Internal Revenue Service Form 2290, irs 2290, Schedule 1

When you E-File your Form 2290 for Heavy Vehicle Use Tax, it will save you time and you will have an online record of previous year’s filings. The entire process only takes a few minutes, including getting your Schedule 1 back.  No more manually filling out paper returns and mailing them in and waiting to receive your Schedule 1 back in the mail, or taking into the IRS field office only to stand in line, often times for hours.   
When you E-File you avoid all of that and once you create your account and file your return, it is even easier for future years, because you will not have to reenter all the information; it will already be in the system.
It is your responsibility to know when and if you have to file. You must file Form 2290 and Schedule 1 for the tax period beginning on July 1, 2012, and ending on June 30, 2013, if a taxable highway motor vehicle is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more.  The deadline is August 31, 2012, so file now. Since it will only take minutes, there is no need to put it off until the last minute.
To E-File the Form 2290 online now, go to ExpressTruckTax.com. If you have any questions, contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.

Understanding Your HVUT Form 2290 Responsibilities

Posted on August 7, 2012 by - 2290 Schedule 1, e-file 2290, EIN, form 2290 download, form 2290 electronic filing, Form 2290 for 2012, Form 2290 responsibilities, Hvut 2290, irs 2290, VIN Number

What is HUVT?
HVUT is the Heavy Vehicle Use Tax that is a fee assessed annually on heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. The gross taxable weight of a vehicle is determined by adding the unloaded weight of the motor vehicle and any trailers together with the maximum load customarily carried on-road by the truck-trailer combination.

Who Must File?
You must file Form 2290 and Schedule 1 for the tax period beginning on July 1, 2012, and ending on June 30, 2013, if a taxable highway motor vehicle (defined below) is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more.

What is required?
You need the details of your business – Business Name (Sole proprietor can use their legal name) and address, EIN (Employer Identification Number), details of the authorized signatory.

You need the details of your vehicle – Vehicle Identification Number (VIN) and Gross weight of the Vehicle

If you are going to pay the IRS by direct debit (we strongly recommend it), keep the routing number and the account number ready.

When to File?
Heavy Vehicle Use Taxes must be filed using the Form 2290 on an annual basis. The Tax period for Heavy Vehicles begins on July 1st and ends on June 30th.The Annual renewal of your Form 2290 for a new tax period IS DUE BY August 31st each year.

For New Vehicles placed in service, the IRS Form 2290 must be filed by the last day of the month following the month of first use. For example, if you purchase and first use a vehicle in January, you must file a Form 2290 by the end of February.

How to File?
Electronically: File Form 2290 electronically through any electronic return originator (ERO), transmitter, and/or intermediate service provider (ISP) participating in the IRS e-file program for excise taxes, such as ExpressTruckTax.com. For moreinformation on e-file, visit the IRS website at www.irs.gov/efile or visit www.irs.gov/trucker.

Paper: Mail Form 2290 to the address shown under Where to File. If you did not pay the tax using the Electronic Funds Transfer or Electronic Federal Tax Payment System (EFTPS), mail Form 2290-V and your check or money order with Form 2290.

ExpressTruckTax is an IRS authorized E-file provider for Form 2290, E-file IRS Heavy Highway Vehicle Use Tax Return and get IRS 2290 stamped Schedule 1 in minutes. If you have any questions call our Truck Tax team at 704.234.6005 or email us at support@expresstrucktax.com.