Category: 2290 Schedule 1

Form 2290 Deadline Today for Vehicles First Used in September 2012

Posted on October 31, 2012 by Santamarina Joseph - 2290 Schedule 1, E-file form 2290 today, E-file IRS Form 2290, EIN, express truck tax, Federal Heavy Vehicle Use Tax, Form 2290 Deadline, form 2290 spanish support, HVUT, IRS payment, taxable vehicles, VIN

Today is October 31st and that means today is the deadline to file Form 2290 for Heavy Vehicles that were first placed on public highways during September 2012.

You can use ExpressTruckTax.com to pay this tax online. It is easy to use and simple to understand. You can file HVUT for your Taxable Vehicles in just minutes. A vehicle is considered to be a taxable vehicle if it was operating on public roads between the tax periods of July through June and has a taxable gross weight of at least 55,000 pounds and travels at least 5,000 miles during the tax period (7,500 miles if used for agriculture).

When using ExpressTruckTax.com to E-File your HVUT, here is a helpful checklist to guide you through the filing process:

E-file your 2290 returns with Expresstrucktax.com
Review Federal Tax ID# or EIN# [Employer Identification Number]
Review your Tax Year and Month
Review your VIN# [Vehicle Identification Number]
Sign and date your return electronically
Choose IRS payment option
Review all the information
Double check your Business Name
E-File Your 2290 Return

ExpressTruckTax.com allows you to fill out your IRS Form 2290 online and send it to the IRS electronically! This way you can get a stamped Schedule 1 in minutes. Express Truck Tax is authorized by the IRS to E-File Form 2290. The taxpayer will then receive the Schedule 1 via email or fax as soon as the IRS processes the form. The form will then be watermarked by the IRS instead of an actual physical stamp. Be sure to get this filed today to avoid possible IRS penalties.

For more information or to get started today, visit ExpressTruckTax.com or contact our friendly US Truck Tax Experts in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!

Form 2290 Deadline Today for Heavy Vehicles First Used in August 2012

Posted on September 30, 2012 by Santamarina Joseph - 2290 Schedule 1, Avoid IRS penalties, E-file form 2290, express truck tax, Federal Heavy Vehicle Use Tax, Form 2290 Checklist, Form 2290 Deadline, HVUT, taxable vehicles

Today is the last day of September and that means today is the deadline to file Form 2290 for Heavy Vehicles that were first placed on public highways during August 2012.

Fortunately, this tax can be paid online using ExpressTruckTax.com It is easy to use and simple to understand. You can File HVUT for your Taxable Vehicles in just minutes. A Vehicle is considered to be a taxable vehicle if it was operating on public roads between the tax periods of July through June. A vehicle is also considered to be taxable if it has a taxable gross weight of at least 55,000 pounds and travels at least 5,000 miles during the tax period (7,500 miles if used for agriculture).

When using ExpressTruckTax.com to E-File your HVUT, here is a helpful checklist to guide you through the filing process:

E-file your 2290 returns with Expresstrucktax.com
Review Federal Tax ID# or EIN# [Employer Identification Number]
Review your Tax Year and Month
Review your VIN# [Vehicle Identification Number]
Sign and date your return electronically
Choose IRS payment option
Review all the information
Double check your Business Name
E-File Your 2290 Return

ExpressTruckTax.com allows you to fill out your IRS Form 2290 online and send it to the IRS electronically! This way you can get a stamped schedule 1 in about 10 minutes. Express Truck Tax is authorized by the IRS to E-File Form 2290. The taxpayer will then receive the Schedule 1 via email or fax as soon as the IRS processes the form. The form will then be watermarked by the IRS instead of an actual physical stamp. Be sure to get this filed today to avoid possible IRS penalties.

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

Posted on August 16, 2012 by Santamarina Joseph - 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.

Understanding Your HVUT Form 2290 Responsibilities

Posted on August 7, 2012 by Santamarina Joseph - 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.

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.

IRS HVUT Form 2290 Taxes on Truckers

Posted on July 31, 2012 by Santamarina Joseph - 2290 Schedule 1, August 31st Deadline, e-file 2290, Federal Penalties, Form 2290, Heavy vehicle use tax 2290, Hvut 2290, HVUT Exemptions, irs 2290, irs 2290 penalties

According to the U.S. Bureau of Labor Statistics, the demand for truckers is increasing and is expected to continue to increase 10% over the next 10 years. The heavy vehicle use tax or HVUT is a fee assessed annually on these heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. This tax is paid by filing IRS Form 2290. The current tax period is July 1, 2012-June 30, 2013. The deadline to file for all vehicles used during the month of July is August 31, 2012.

The penalty for not filing the IRS Form 2290 by August 31st is equal to 4.5% of total tax due. This amount is assessed on a monthly basis up to five months. Those who choose not to make their HVUT payment also face an additional monthly 0.5% of the tax due penalty. Additional interest charges of 0.54% per month accrue as well. Within 5 months of not filing and paying the HVUT tax, the HVUT liability that was originally $550 will be over $700 in IRS tax debt. In addition to the monetary federal penalties, states suspend the registrations of vehicles for which proof of HVUT payment has not been provided. So not only will the taxpayer owe more money, they will also be unable to renew their registrations, so they will be unable to work. HVUT evasion penalties can even be as severe as fines and incarceration.

You can e-file your Form 2290 quickly and easily at ExpressTruckTax.com and receive your Schedule 1 within minutes. Your Schedule 1 serves as proof of payment for your HVUT and when you file by the August 31, 2012 deadline you will avoid any IRS penalties. Contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.

Record keeping Requirements for Registered Heavy Highway Vehicles for Form 2290

Posted on July 30, 2012 by Santamarina Joseph - 2290 form records, 2290 Schedule 1, e-file 2290, First Used month, Form 2290, Form 2290 for 2012, Hvut 2290, irs 2290, IRS audit, suspended vehicles, truck tax 2290, VIN Number

Keep records for all taxable highway vehicles registered in your name 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. Also keep copies of all returns and schedule 1s you have filed.

Keep your records even if a vehicle is registered in your name for only a portion of a period. If the tax is suspended on a highway motor vehicle for a period because its use on public highways during the period did not exceed 5,000 miles (7,500 miles for agricultural vehicles), the registrant must keep the records at least 3 years after the end of the period to which the suspension applies.

Records for each vehicle should show all of the following information.

1. A detailed description of the vehicle, including the VIN.

2. The weight of loads carried by the vehicle in the same form as required by any state in which the vehicle is registered or required to be registered.

3. The date you acquired the vehicle and the name and address of the person from whom you acquired it.

4. The first month of each period in which a taxable use occurred and any prior month in which the vehicle was used in the period while registered in your name, with proof that the prior use was not a taxable use.

5. The date the vehicle was sold or transferred and the name and address of the purchaser or transferee. If it was not sold, the records must show how and when you disposed of it.

6. If the tax is suspended for a vehicle, keep a record of actual highway mileage. For an agricultural vehicle, keep accurate records of the number of miles it is driven on a farm.

When you E-File your Form 2290 using an IRS Authorized E-File Provider like ExpressTruckTax.com, all your records are stored in your online account. If your records are ever requested by the IRS, you can simply sign into your account and download the requested records.

In addition to having your records right there at your fingertips, through ExpressTruckTax.com, you can file your Form 2290, pay your HVUT taxes owed to the IRS and receive your Stamped Schedule 1 within minutes. Having the option to E-File makes the annual filing process quick and easy and simplifies the recordkeeping requirements.

If you have any questions, you can contact the Truck Tax Team at 704.234.6005 or email us at support@expresstrucktax.com.

Why use ExpressTruckTax to file your Form 2290 for HVUT for 2012-2013 Tax Year?

Posted on July 27, 2012 by Santamarina Joseph - 2290 customer delight, 2290 form, 2290 Schedule 1, Best Form 2290 service provider, Customer satisfaction, e-file 2290, E-file 2290 today, Form 2290, Form 2290 for 2012, irs 2290, US Based Customer support

You get what you pay for, right? Generally that rule is true, however we here at Express Truck Tax encourage you to do your research so you can make an informed decision, when choosing an online service provider for E-Filing your Form 2290. Sure, we could charge our customers more money for the service we provide, but our main goal at ExpressTruckTax is to provide an easy to use service at an affordable price. We focus on superior customer service and strive to surpass our customer’s expectations.

But don’t take it from us, here’s what our customers are saying:

Ease of use:

Ease of use, and help in correcting my errors- Melody P, Chinook- MT

Wow! That was so simple and to think I’ve been doing this by snail-mail for years! – Judith H, Little Rock, AR

Really easy and hassle free- Delia P, Fresno, CA

Your system was easy to use—I had no problems at all- Dave, Chillicothe, OH

I’m new in truck business and I didn’t know how to fill out forms and pay taxes. This site helps me a lot. – Carolina P, Atlanta, GA

It was easy to navigate throughout the site. The instructions were very clear and concise. – Kathy L, Preston, ID

Ease of use, convenience of previous return being available for transfer to new return.-Kim, AZ

Extremely easy to process, especially when you have already used ExpressTruckTax before.-Sandra, CA

Site is very easy to understand and navigate. No hidden “fine print”.-Scott, MA

So easy to use – I’m not techy, walking through each step was so easy and the price is just right, thank you.-Cynthia, CT

Price:

The step-by-step instructions made this site very user friendly for a first time filer like me. I also appreciate the small fee since I only have one truck. – Betty P, WallaWalla, WA

Low price, easy, and fast- Neil C, Rensselaer, IN

Application was very easy to use and the payment options were amazing. Thanks much- Ginger M, Brookfield, WI

Timing and Accuracy of Program:

This was an excellent and fast way to process my 2290. – Sandra P, Montgomery, AL

Ease of use, and help in correcting my errors- Melody P, Chinook-MT

I love not having to go stand in line at the IRS I tried another site and it was so confusing. I would add a truck and it would not show up on my list of vehicles. This was so simple I got my document within 2 minutes. – Anna C, Camarillo, CA

Pretty easy to navigate and I like the ability to back up if you make a mistake.- Keith H, Stark weather, ND

The straight forward ease of entering required information needed to get the form correctly filled out- Clark L, Lehi, UT

Low price, easy, and fast- Neil C, Rensselaer, IN

Speed of processing, not has to wait at the local IRS office for your “number” to come up, or weeks for the IRS to return the stamped 2290. – Clark L, Lehi, UT

From the Tax Professional with Multiple Customers:

I liked that I could add different companies and still use the same email. I have tried other sites and was unable to do this. As a permit service this is invaluable- Cindy, Muskego, WI

I love having the ability to enter additional e-mail addresses or leasing company info. To send Stamped Schedule 1s to and how simply the site walks me through each step along with the bulk upload features.-Jennifer, AL

Customer Service:

It was easy to follow and I had no trouble. I tried another service and had been trying for two days and still got no where. Thank you for making my life easier. Cathy- Catherine R, Hixton, WI

I CALLED YOUR OFFICE FIRST AND THE PERSON THAT ANSWERED THE PHONE WAS VERY HELPFUL AND MADE THE WHOLE PROCESS LESS TAXING. – Sharon K, Omaha, NE

Easy to follow & understand instructions, Super to have quick phone response without lengthy automated menu. Up-front pricing clearly stated, excellent. – Mary S, Dallas, TX

It was very self explanatory for each page. I called for assistance the call was answered by a real helpful person after the first ring, Very impressive- Stephen G, Aztec, NM

It was nice to be able to call the office and to speak to someone right away who was able to answer all of our questions and explain themselves easily. There were no long waits or machines telling you to press a million buttons before getting to a real person. Also everyone who we spoke to was very nice and had a good attitude throughout the whole conversation. – Shawna H, Saint Augustine, FL

You have a top notch site, a pleasure to visit and do business with such knowledgeable support- Stephen G, Aztec, NM

VERY GOOD STEP BY STEP DIRECTIONS AND IF YOU HAVE ANY QUESTIONS JUST DIAL THE NUMBER AND JAMES GIVES GREAT SERVICES TO HELP YOU THANK YOU VERY MUCH AND WILL GIVE THIS SERVICE TO EVERYONE I KNOW IT’S THE BEST !!!- Robert L, Warner Robins, GA

But again, don’t just take our word for it, or even our customer’s, take the time to do your own research to determine which provider will give you the best service at the best price. And if you have questions or inquiries, please do not hesitate to give us a call at 704-234-6005. Your call will answer by one of our friendly US based customer support team members who will gladly answer your questions.

What is Heavy Vehicle Use Tax (Form 2290) used for?

Posted on July 23, 2012 by Santamarina Joseph - 2290 Schedule 1, Form 2290, Form 2290 E-file, Form 2290 for 2012, heavy vehicle use tax, Highway Use Tax 2290, irs 2290, Paying HVUT Taxes, US Federal Heavy Vehicle Use Tax

The heavy vehicle use tax or HVUT is an annual fee assessed 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. IRS Form 2290 is filed annually to pay the HVUT due on the taxable vehicle and proof of payment is the Stamped Schedule 1.

The damage to the road surface caused by heavy trucks is 160,000 times more than that of a car, according to the findings of the American Association of State Highways Official (AASHO) road test. The tax, which is based on the vehicle weight, is a significant source of transportation funding in the US. The HVUT ensures that operators of heavy trucks pay a little more for the highway network relative to the motorists than the light trucks who meet their responsibility through other forms of taxes (e.g., registration fees, motor fuel taxes) but do less damage to the system. The monies collected are used to help pay for road repairs and maintenance.

The IRS has simplified the process of filing Form 2290 and paying your HVUT taxes with the ability to E-File. Anyone who is filing a return with 25 or more vehicles is required to file electronically, but everyone is encouraged to do so. Through an IRS Authorized E-File Provider, like ExpressTruckTax.com, you can file your Form 2290, pay your HVUT taxes owed to the IRS and receive your Stamped Schedule 1 within minutes. Having the option to E-File makes the annual filing process quick and easy.

If you have any questions, you can contact the Truck Tax Team at 704.234.6005 or email us at support@expresstrucktax.com.

When is Form 2290 due?

Posted on July 12, 2012 by Santamarina Joseph - 2290 Schedule 1, e-file 2290, Federal Excise Tax 2290, form 2290 due, Form 2290 due on Aug 31 2012, heavy vehicle use tax, irs 2290

Form 2290 is the IRS Form you use to file your Heavy Vehicle Use Tax (HVUT). This is annual federal tax on taxable highway vehicles that is based on a vehicle’s gross taxable weight.

You must file IRS Form 2290 and Schedule 1 for the tax 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 tax period and the vehicle has a gross taxable weight of 55,000 pounds or more.

The current tax period is July 1, 2012 – June 30, 2013. Form 2290 must be filed by the last day of the month following the month of first use. August 31, 2012 is the deadline to file Form 2290 for all vehicles used in July.

Electronic filing is required for each return reporting 25 or more vehicles, but all taxpayers are encouraged to e-file, using an authorized IRS e-file Provider, such as ExpressTruckTax.com.

Use ExpressTruckTax.com to file your 2290 return within minutes. It’s quick and easy to use, with our friendly US based customer support who are there ready to help you via phone, email or chat.

E-File a VIN Correction for your Form 2290 for FREE!!!

Posted on April 25, 2012 by Santamarina Joseph - 2290 Schedule 1, Correct VIN Number, E-file 2290 VIN Correction for FREE, Form 2290, form 2290 amendments, FREE IRS form 2290 VIN corrections, IRS form 2290 online, VIN corrections FREE

It is always important to be extra careful when filing any form with the IRS. A small mistake could end up costing you more money or risking an IRS audit. However, if you E-File the IRS Form 2290 for Heavy Vehicle Use Taxes through ExpressTruckTax.com you have the ability to resubmit it until it is accepted at no extra charge. Likewise, if a mistake is made while entering the Vehicle Identification Number, or VIN, a VIN Correction can also be E-Filed for free.

Entering the Vehicle Identification Number for heavy vehicles on the Form 2290 is typically a stumbling block for many taxpayers. This is due to the fact that the VIN is 17 Characters long and this needs to be added for each individual vehicle.

When paper filing this form, this would have to be written manually, but with ExpressTruckTax.com an excel file of all the vehicles can be uploaded instead. This saves time and helps eliminate the risk of error.

Reminder: a VIN is 17 Characters long and does not contain the following characters:

If for any other reason an IRS Form 2290 is rejected by the IRS through ExpressTruckTax.com the taxpayer will still be able to make changes to their tax return and resubmit it to the IRS until it is accepted. There is no additional charge for this service either.

Filing this form online only takes a few minutes and you will receive a stamped schedule 1 within minutes of filing this form online. Although the deadline is approaching, you will still be able to E-File your Form 2290 through our service anytime. If you have any questions, please contact us at our USA-based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.