As the IRS recently posted on their website, as of May 21st the IRS will only issue one EIN per day per “Responsible Party.” An EIN is an Employer Identification number. This number is assigned by the IRS to each business filing a tax return. This change comes right before the Truck Tax Season begins. As you may know the Tax year for HVUT runs from July – June. As of July 1st, it will be time to once again file the annual excise tax for Heavy Vehicles with the IRS Form 2290.
Author: Santamarina Joseph
About the Internal Revenue Service Form 2290
Each Year, excise taxes must be paid for Heavy Highway Vehicles used on public roads. This tax is commonly referred to as HVUT (Heavy Vehicle Use Tax) or simply Truck Taxes.
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E-File the Form 2290 For any Heavy Vehicles First Used in April 2012
HVUT, or the Heavy Vehicle Use Tax Although the Heavy Vehicle Use Tax is imposed annually, it is also mandatory for vehicles to file for this using the IRS form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1 and ends on June 30. For vehicles that are first used during the tax year, a prorated tax must be paid for the months that the vehicle was in use. This can be done with the IRS Form 2290 and the easiest way to file the 2290 is through ExpressTruckTax.com
E-File Form 2290 for the 2012 – 2013 Tax periods as of July 1
As you may remember all too well, last year was a very strange year for Truck Taxes. With the threat of a Government shutdown and the seemingly immovable gridlock in Washington, DC it was unclear if a solution would be found. Eventually congress did extend the current legislation for Highway Use taxes, but it were several months late and filing was in November instead of July and August as it usually is.
Filing IRS HVUT Form 2290 with ExpressTruckTax
Filing Form 2290 online is very simple through ExpressTruckTax.com – An IRS Authorized E-File provider. All that is needed is basic information about the vehicle such as its first use month, taxable gross weight, and VIN. All taxable highway motor vehicles must file this form.
HVUT(Heavy Vehicle Use Tax 2290) Filing for 2012-2013
Each year, heavy vehicles that operate on public roads must file the Form 2290 as part of HVUT (Heavy Vehicle Use Tax). This is an annual tax that must be filed for the tax year of July 1 until June 30. As of now, the IRS is not yet accepting this form for the tax year of July 2012 – June 2013. Filing for the Form 2290 should begin on July 1st of 2012.
It’s Time to E-File the IRS Form 2290 for all vehicles first used inMarch 2012
Although the Heavy Vehicle Use Tax is imposed annually, it is also mandatory for vehicles to file for this using the IRS form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1 and ends on June 30. For vehicles that are first used during the tax year, a prorated tax must be paid for the months that the vehicle was in use. This can be done with the IRS Form 2290 and the easiest way to file the 2290 is through ExpressTruckTax.com