Hey, it’s Amber from ExpressTruckTax, and I’m going to give you three reasons why you should file your 2023-24 Form 2290 today.
#1 Win A Bluetooth Headset
Reason number one is that when you file your 23-24 Form 2290 in May, you are automatically entered to win a Blue Parrot Bluetooth headset. And you don’t want to miss out on that, so get yourself a new headset, file your 2290. It’s a win-win, just do it!
#2 Avoid The Rush
Number two is that you don’t have to worry about the 2290 deadline. You know, as you’re driving, wonderful summertime breeze flowing through your locks of hair, you don’t have to worry about, ‘Oh, the 2290 deadline is coming up.’ You’ve already done it in the first week of July.
It’s going to be processed, and you’re going to get your stamped Schedule 1. If you’re leased with the company, your company can automatically get a stamped Schedule 1 as well. So you don’t have to worry about sending it to them. It’s done, it’s over with.
#3 Fix Any Mistakes
And number three, if you do have any mistakes, you have longer to correct those mistakes. And so again, when your return is processed in the first week of July, if it’s rejected due to a number of different reasons, you have almost two months to correct that. So those are the top three reasons why you should file your 2290 today in May of 2023 for the 23-24 Form 2290.
More Reasons to Choose ExpressTruckTax
Again, ExpressTruckTax is the number one IRS-authorized E-File provider. What that means in non-tax language is that we are number one among truckers. We are the most trusted e-file provider. We will keep your information safe, and we are US-based.
So those are the top reasons why truckers choose ExpressTruckTax. And we have customer support. We actually answer our phones. Again, another reason why truckers choose ExpressTruckTax.
ExpressTruckTax Support
So if you do have questions about your Form 2290, please give us a call at 704-234-6005, or you can email us at support@ExpressTruckTax.com. We also have a live chat option available. And so if you’re on ExpressTruckTax, there’s a little chat bubble. Click that, and you’ll get directly to our support team as well.
So go ahead, file your 2023-24 Form 2290 today to automatically be entered to win the Bluetooth headset. Thank you so much. I can’t wait to help you this year.
The 2290 filing season is right around the corner, and our team is excited to help you get ahead of the game this year! That’s right, the 2023-24 Form 2290 is available from ExpressTruckTax today. What better way to ensure you file accurately and on time this year than to start filing now?
A Quick Recap of Form 2290
We get it, our team talks about Form 2290 all day, every day, but for you, it happens once a year!
IRS Form 2290 is used by owners of commercial motor vehicles weighing 55,000 pounds or more to calculate and pay annual heavy vehicle use taxes (HVUT). The HVUT tax year runs annually from July 1 – June 30.
What are the Benefits of Filing Early?
The best benefit of completing your annual filing ahead of the 2290 deadline on August 31st is that you can check this off your “to-do” list and get back on the road!
When millions of other drivers are rushing to meet the filing deadline in August, you will already have your Stamped Schedule 1! As soon as the IRS begins accepting 2290 Forms, yours will be submitted and processed.
Here is a better question – why would you file your 2023-24 Form 2290 with any provider other than ExpressTruckTax?
ExpressTruckTax is the industry leader for a reason, we offer the easiest and most affordable option for filing your 2290, and we’ve been doing that for over a decade!
Only ExpressTruckTax offers outstanding customer support that is live, local, and bilingual. Our team of experts is available to assist you Monday-Friday from 8:00 AM EST until 5:30 PM EST by phone, email, and live chat.
Are you ready to start filing now? Click the button below to get started with ExpressTruckTax today!
Rev up your summer with the official ExpressTruckTax pre-filing giveaway! Simply file your 2023-24 Form 2290 by May 31, 2023, and you’ll automatically be entered to win a BlueParrott B450-XT Noise Canceling Bluetooth Headset!
As the market-leading Form 2290 e-file provider, ExpressTruckTax has been the go-to solution for trucking companies for the past decade. And now, on top of all the benefits you’ll get from choosing us, you’ll also have the chance to score some great freebies!
On June 1st, 2023, we’ll announce the lucky winner live on Facebook. So don’t wait – take advantage of this amazing opportunity to rev up your summer with a brand-new Bluetooth headset!
Load up and hit the road with ExpressTruckTax today!
RULES & REGULATIONS
You must transmit a 2023-24 Form 2290 by midnight on May 31st, 2023 to enter to win.
By entering an ExpressTruckTax Giveaway (each, a “Sweepstakes”), you will be bound by these Terms & Conditions and you acknowledge that you satisfy all eligibility requirements. “ExpressTruckTax” means Span Enterprises LLC or any of its affiliates.
Eligibility
Open to individual legal residents of the 50 United States or the District of Columbia who have an ExpressTruckTax account and are 18 years of age or the legal age of majority in their state of residence prior to the date of entry. Employees of ExpressTruckTax, its affiliates, and their immediate family members are not eligible to participate.
Prize(s) and Winner Selection Method
ExpressTruckTax will award a prize to one or more individuals who file their 2023-24 Form 2290 on ExpressTruckTax.com between 5/1/2023-5/31/2023. Potential winner(s) will be selected at random from among all eligible entries received. The odds of winning depend on the number of eligible entries received. If you are a winner, an e-mail notification will be sent to you.
You must have an ExpressTruckTax account and have filed a 2023-24 Form 2290 before May 31, 2023, in order to enter or receive a prize. Limit one entry per person and household using only one ExpressTruckTax.com account per Sweepstakes. Prize(s) will be fulfilled by the Sponsor. Prize(s) will be delivered by ExpressTruckTax.com.
Each prize will be awarded “as is” and without warranty of any kind, express or implied (including, without limitation, any implied warranty of merchantability or fitness for a particular purpose). If you win a prize, you may not transfer, assign, or redeem the prize for cash. ExpressTruckTax may substitute a prize with a prize of equal or greater value.
How to Enter. You will automatically be entered to win a prize when you transmit a 2023-24 Form 2290 before May 31, 2023. If you do not wish to automatically be entered into the sweepstakes, you must notify us by email at support@expresstrucktax.com. If you choose to promote your entry (including that you filed your Form 2290) via social media or other channels, you should disclose your connection to the Sweepstakes. For example, it may be sufficient to include a statement such as #ExpressTruckTaxGiveaway.
This giveaway is not associated with Facebook.com or Twitter.com.
Other Sweepstakes. Additional Terms. Sponsor, together with ExpressTruckTax, reserves the right to modify or cancel a Sweepstakes at any time. Sponsor and ExpressTruckTax and its affiliates are not responsible for: (a) lost, misdirected, late, or incomplete entries or for inaccurate entry information; (b) any operation or transmission error, theft, unauthorized access to, or alteration of, entries; or (c) damage to any computer or device resulting from downloading Sweepstakes materials. Sponsor, together with ExpressTruckTax, may disqualify any individual found to be: (x) tampering with a Sweepstakes; (y) violating these Terms & Conditions; or (z) acting in an unsportsmanlike or disruptive manner or with intent to threaten or harass any person. Incomplete and robotic, automatic, programmed or similar entries will be disqualified. The authorized subscriber of the account used to enter a Sweepstakes at the actual time of entry will be deemed to be the participant and must comply with these Terms & Conditions in the event of a dispute as to entries submitted by multiple users having the same e-mail account.
If any errors occur in the selection of a potential winner, or if more prizes are claimed than specified, Sponsor or ExpressTruckTax may award the prize(s) by random drawing from among all eligible claimants. All prizes made available for a Sweepstakes may not be awarded in the event Sponsor or ExpressTruckTax does not receive a sufficient number of qualified and eligible entries for an applicable Sweepstakes.
Miscellaneous. Each Sweepstakes is governed by the laws of the United States. By entering a Sweepstakes, you agree (for yourself and your heirs) that Sponsor, ExpressTruckTax, and each of their respective affiliates and agents, and any entity involved in any aspect of the Sweepstakes (all aforementioned parties are collective, the “Released Parties”) will have no liability, and will be held harmless from and against liability, loss, injury or damage to property or person, including death, and reasonable attorney’s fees and court costs, due in whole or in part, directly or indirectly, by reason of the acceptance, possession, use or misuse of a prize or participation in the Sweepstakes, even if caused or contributed to by the negligence of any of the Released Parties.
The deadline to file and pay your Heavy Vehicle Use Tax (HVUT) is quickly approaching if you put a new truck on the road in March. It is important to understand the consequences of failing to file and/or pay your tax on time. In addition to needing the Stamped Schedule 1 to obtain your plates, if you miss the deadline to file or pay your HVUT, you can be hit with significant IRS penalties and interest charges.
Form 2290 Penalties
For example, if you fail to file your HVUT return by the due date, you could be penalized 4.5% of the total HVUT 2290 amount. This penalty can accrue for up to five months. If you fail to pay the full amount of tax due, you can also be subjected to a penalty of 0.5% of the unpaid tax per month, up to a maximum penalty of 25%.
These penalties can quickly add up and result in a significant financial burden for taxpayers who do not file or pay their HVUT liability on time. What’s more, failing to pay your tax debt can also result in the IRS placing a lien on your assets, including your trucks, and seizing those assets to satisfy the tax debt.
Avoid HVUT Penalties With ExpressTruckTax
To avoid these consequences, it is important that all truckers file their Form 2290 HVUT return and pay their tax due by the last day of the month following the first use. The good news is that you can file your HVUT, Form 2290 quickly and easily with ExpressTruckTax.
Creating an ExpressTruckTax account is simple, and filing your Form 2290 can be completed in just six easy steps. By using ExpressTruckTax, you can rest assured that your HVUT will be filed correctly and on time, avoiding costly penalties and interest charges.
Don’t let the deadline sneak up on you – create your ExpressTruckTax account today and file your HVUT return before it’s too late!
This is just a quick video. Don’t scroll, don’t go away. Stick with me for like five seconds. A 2290 is an IRS Federal Form that you have to file once a year. It’s an annual tax form. If your truck is over 55,000 pounds, you have to file. The maximum weight it goes up to is over 75,000, which means if you drive an 80,000-85,000, you’re still required to file 2290.
The easiest way to file your 2290 is to go to ExpressTruckTax.com. We are the market-leading e-file provider for the Form 2290. Create an account. It’s free to create an account. You enter in your business details, your truck details.
You can file for one truck, you can file for a billion trucks in the same account. You can add one business, you can add multiple businesses, it just depends on you and your setup. If you are a service provider, you can add multiple businesses. If you’re a CPA or if you work at a trucking company and you have company-owned trucks, all of the above can be filed through ExpressTruckTax.
Then you’re going to choose how you want to pay the IRS. This goes directly from the taxpayer to the IRS. It does not swing through us, nothing like that. So you pick how you want to pay the IRS. You send it to the IRS, you file your 2290. So once you get done entering in the information, you transmit the return to the IRS.
Within about five to ten minutes, you’re going to get notification that your 2290 has been accepted. Sometimes it’s been rejected and we’ll make another video about that, but you get notifications. You can choose to get a text notification. We know that you guys are busy, so once you get done, you can choose text notification and you’ll receive a text, your 2290 is ready. So, so simple.
So you file your 2290, you get your – it’s called a stamped Schedule One – and that’s basically like your receipt. Like if you go to Publix and you check out and you get your receipt, your stamped Schedule One is your receipt. That is what you need to renew your plates. That’s what your company needs if you’re leased on with the company. That is the form that they want. They want to see that stamped Schedule One so that they can renew the plates when it comes time. So that’s the gold nugget right there, is that stamped Schedule One.
You’ll get that in your email within about five to ten minutes. If you get a text notification, you’ll be notified. We also offer postal mailing. This is cool because we use a SOC-2 certified company. They mail out that stamped Schedule One to you. It’s calibrated so that everything is perfect on there. You won’t have any problems when you go to the DMV to renew your plates, and that’s why we offer that postal mail. So if you choose that, that will be mailed to your address. You’ll get that, you’ll be able to take that to renew your plates. Also, it’s good to keep one in the cab of your truck as well. If you get pulled over, dot any of those things, it’s good to be able to show them that you have a current stamped Schedule One right there in your truck.
The tax year begins July 1st, and you must file by August 31st. So there’s a two-month little window there that, regardless of when your plates expire, we get this all the time, “Well, my plates don’t expire until February.” That’s great, but your 2290 is still due in July.
Again, ExpressTruckTax, go sign up for a free account and go ahead and enter your information so that come July when it’s time to file, you get those notifications. You come, you file, you’re done until next year. Alright, if you have any questions, please reach out. We’re here Monday through Friday, 8:30 to 5:30 p.m. Eastern.
And um, again, that is one of the things that sets ExpressTruckTax apart, is our full customer support in English and in Spanish. And so if you do have questions about 2290, IRP, IFTA permits, I don’t care what it is, we’re here and we’re ready to help you. So um, 704-234-6005 or Support@ExpressTruckTax.com.
R+ L Carriers is a private family-owned freight shipping company that has been providing world-class customer service with every delivery for over 55 years. The company has been awarded the “Quest for Quality Award” in Logistics management and has grown from a one-truck fleet to a fleet of over 21,000 tractors and trailers. The company owes its success to its founder, Ralph L. Larry Roberts, who passed away on March 19th, 2023 at the age of 77.
In the Mid-1960s, Roberts had the dream of owning his own business so he ended up purchasing a single truck that he used to haul furniture and a warehouse behind his family home in Wilmington, Ohio. His business started off providing service exclusively within Ohio but soon expanded to five other Midwestern and Southern states.
The company continued to grow further with the purchase of Gator Freightways, Inc. and Greenwood Motorlines, Inc. With the deregulation of the trucking industry in the early 1980s, the company incorporated a system that moved freight at transit times that were unrivaled. In 2007 the company became a number one LTL carrier. The company has now expanded to serve all 50 states, as well as Canada, Puerto Rico, the Dominican Republic, and many other Caribbean islands.
R+L Carriers strives to provide the best service with competitive pricing and save operations. Ralph L. “Larry” Roberts’ legacy will continue to live on in the company he founded and established over the years with the help of his family and numerous dedicated employees.
Attention trucking companies big and small! Are you looking for a solution that allows your owner-operators to easily file their Form 2290? Do you want your owner-operators’ Stamped Schedule 1 sent directly to you? Look no further than ExpressTruckTax. ExpressTruckTax has helped over 300 trucking companies create personalized portals for their owner-operators to file their Form 2290. Keep reading to find out how your company can partner with ExpressTruckTax and have a Form 2290 filing portal that your owner-operators can file their Form 2290 through.
What is Form 2290?
Form 2290 is an IRS tax form that must be filed by drivers of vehicles weighing 55,000 pounds or more annually for the Heavy Vehicle Use Tax. Upon filing Form 2290, drivers will receive a Stamped Schedule 1 needed to obtain a vehicle’s tags and registration. It is also essential for drivers to keep an updated copy of their Stamped Schedule 1 in their trucks in case they get pulled over. The Stamped Schedule 1 serves as proof of filing Form 2290.
How can ExpressTruckTax help Carriers and Associations?
Trucking companies that have any number of owner-operators struggle to have their drivers file and send them their Stamped Schedule 1 in order to stay compliant with the IRS and renew vehicle plates. Getting each driver to send in their Stamped Schedule 1 can be a challenging task, especially with numerous owner-operators.
In order to simplify the process, ExpressTruckTax offers specialized portals for each carrier. These portals are free to the carrier. Simply share the link with your owner-operators and once they file through the portal, their Stamped Schedule 1 will be sent to the company they drive for. The portal will feature the company’s logo and the URL name will match the name in the carrier’s URL followed by 2290.
Does this sound like something you would be interested in? If so contact support@expresstrucktax.com or call 704.234.6005 today!
Knight-Swift Transportation has officially announced an agreement to acquire U.S. Xpress Enterprises. This is not the first time the company has merged with another, however. In 2017, Knight Transportation and Swift Transportation merged to create Knight-Swift Transportation Holdings Inc. The difference between this merger is that U.S Xpress will keep its brand and continue to operate separately.
U.S. Xpress was purchased by Knight-Swift for $6.15 a share, for a total of about $808 million. The acquisition is officially expected to close in the second or third quarter of the year and will pay around $291 million in cash at closing. This will be the biggest deal for Knight-Swift since it acquired AAA Cooper Transportation in 2021.
In this acquisition, Knight-Swift will assume the acquired company’s debt of $484 million. The debt was caused by a multi-year decline in financial revenue. Ultimately U.S Xpress stockholders were pleased with the high closing stock price after the acquisition was complete.
While the company will be acquiring U.S. Xpress’ accumulated debt, this acquisition is expected to add roughly $2.2 billion in operating revenue to Knight-Swift. This will also cause their truckload fleet to have a total of 25,00 tractors and 93,000 trailers.
This merger is expected to help U.S. Xpress significantly and reduce the turnover rate of employees, which had been happening during the company’s financial decline. This merger is also expected to increase the revenue of both companies to avoid any further financial decline from either company.
It’s that time of year again! Every year towards the end of March, the Mid-American Trucking Show (MATS) is held in Louisville, Kentucky.
What is MATS?
MATS is the largest heavy-duty trucking trade show in the world where members of the trucking industry gather to show off the latest technology, equipment, products, and services. The event will feature numerous informative panels from industry experts and market leaders as well as live performances from Elvie Shane and Tony Justice.
History of MATS
In 1972, the Mid-American Trucking Show was founded to make heavy-duty trucking shows accessible to the eastern half of the United States. The show was geared towards owner-operators and fleets and aimed to be more accessible than trucking shows previously held in California and Massachusetts. The first MATS in 1972 had around 4,000 attendees and 83 exhibitors. Since then the event has grown to be the largest heavy-duty trucking show in the world with over 58,000 attendees and over 850 exhibitors.
When is the Mid-America Trucking Show 2023?
This year MATS is being held from March 30th to April 1st at the following location:
Kentucky Expo Center 937 Phillips Lane Louisville, KY 40209
The show’s hours are as follows:
Thursday, March 30th (VIP): 10 a.m. to 1 p.m. Thursday, March 30th: 1 p.m. to 6 p.m. Friday, March 31st: 10 a.m. to 6 p.m. Saturday, April 1st: 9 a.m. to 4 p.m.
Know Before You Go
Registration
Before you head to MATS you should register in advance. There are three registration options available: attendee registration, exhibitor registration, and media registration. Attendee registration is geared toward trucking professionals looking to improve their business and see what’s new in the industry through interactive exhibits, educational panels, and networking. Exhibitor registration is geared toward company personnel looking to present their company’s products and services through interactive exhibits or booths. Media registration is designed for the media and influencers looking to partner with MATS.
Featured Events
MATS is loaded with all kinds of events for its attendees to experience while at the show. There will be many informative industry experts holding educational panels to help attendees stay up-to-date on industry topics.
Attendees have the option to attend the VIP Executive Breakfast for an additional $100 on top of their registration fee. The event will feature networking opportunities and informative talks from executives from industry-leading companies.
The MATS Ride & Drive event allows attendees to test drive industry vehicles with the latest technology. Participation in this event is free but attendees must sign up at each truck’s respective booth for an opportunity to drive it. The drivable trucks featured in this event include a Kenworth W900 Limited Edition, a Western Star 57X, a Western Star 49X, and a Kenworth T680 Signature Edition.
MATS attendees also have the option to attend the PKY Truck Championship, showing off the industry’s best custom trucks, and the MAC Trailer Winter Nationals Championship Pulling Event on Saturday evening.
Form 2290 has to be filed by drivers of vehicles weighing 55,000 pounds or more to the IRS for the Heavy Vehicle Use Tax annually. The Form 2290 tax year goes from July 1st to June 30th of the following year. Form 2290 as well as the Heavy Vehicle Use Tax are filed and paid for the upcoming year in advance.
Can you Transfer Form 2290 to a New truck?
When you file Form 2290 for the upcoming year this means you are paying for your truck to be on the road for the entire duration of the tax year. If this is the case, what happens if your truck is sold, destroyed, or stolen halfway through the tax year? You are able to transfer the tax of the old truck to the new one in the form of credits. The tax amount for the remaining months of the tax year that the vehicle was not on the road will be deducted from the total tax amount owed for the new vehicle.
How can you pay your Heavy Vehicle Use Tax using Sold/Destroyed Vehicle Credits?
Log in to your ExperessTruckTax account, or sign up for one if you don’t have one.
On the dashboard, under “Start New Return” you will select the option to “E-File for Multiple Vehicles”.
Choose the tax year and First Used Month that corresponds to your vehicle.
You will add your new truck under “Taxable Vehicles” and provide the information for that vehicle, including the VIN (Vehicle Identification Number) and any additional information you have for this vehicle.
You will then add the old truck under “Sold/Destroyed Credits” and provide the information for that vehicle as well as a description of what happened to it.
The tax you owe for the new vehicle will be calculated once the credits from the old vehicle are applied and deducted from the original tax amount owed.
Once this is all complete, review the Summary of your return and then transmit it to the IRS.
Why File with ExpressTruckTax?
ExpressTruckTax not only offers a fast and easy solution to filing Form 2290, but it makes claiming credits for sold, destroyed, or stolen vehicles a breeze. It is important to keep in mind that if the credit amount for the old vehicle is higher than the HVUT owed, the remaining amount can be claimed using Form 8849. This form will be generated automatically in this case. Do you have a vehicle you need to transfer the Heavy Vehicle Use Tax from to a new vehicle? What are you waiting for? File with ExpressTruckTax today for an easy and stress-free way to file Form 2290.
