Category: IRS form 2290

Tax Credit Vehicles (IRS Form 2290)

Posted on May 24, 2011 by - 2290 form, 2290 tax, 2290 VIN Correction, e-file your truck tax, express form 2290, Form 2290, form 2290 electronic filing, Free VIN Correction, IRS form 2290, online taxes, Tax 2290

You may be surprised to know that you can file an IRS Form 2290 to claim a credit for certain Heavy Vehicles in some scenarios.  You can also E-File an IRS Form 2290 for these credit vehicles through www.expresstrucktax.com  

Heavy vehicles that were stolen, destroyed, or sold before June 1st and not used during the rest of the year qualify as a vehicle to claim a credit for.  If a heavy vehicle was used for 5,000 miles or less, or an agricultural vehicle that was used for 7,500 miles or less, it too qualifies as a credit vehicle.  It is important to also note that a credit, lower tax rate, exemption, or refund is not allowed for an occasional light or decreased load; nor is it allowed for a discontinued or changed use of the vehicle.

Although the rules that apply to credit vehicles may be complicated and confusing, ExpressTruckTax.com helps make it simple.  The filing process only takes a few minutes.  If you need any help, their dedicated customer support team can help walk you through the process.

IRS Will Not Mail Form 2290

Posted on May 23, 2011 by - 2290 form, 2290 tax, 2290 VIN Correction, e-file your truck tax, express form 2290, Form 2290, form 2290 electronic filing, Free VIN Correction, IRS form 2290, online taxes, Tax 2290

The Internal Revenue Service recently announced that they will not be mailing Form 2290 to taxpayers this year. This step was taken due to the increase in electronic filing. It also seems to be encouragement to file electronically as well. The IRS had legitimate reason to do this because filing electronically really is the quickest, easiest, and safest way to file.  

Fortunately, it has become incredibly simple to file Form 2290 or other Tax forms associated with the Heavy Vehicle Use Tax (HVUT) such as Form 8849. All you have to do is go to www.ExpressTruckTax.com and start filing. You can file your Schedule 1 for Form 2290, Form 8849, A VIN Correction, and Fuel Tax.  

This easy to use system allows the user to walk through the process at their own speed and asks questions in plain English, not confusing tax jargon. There are even special deals for Owner-Operators who need to file for multiple vehicles. Tax Professionals may also benefit from special pricing for multiple filings.  

Even if you still need help filing your Truck Taxes, Express Truck Tax has an excellent team of customer service professionals who will help you file your return in no time.  

Tips For Owner-Operator To E-file IRS Tax 2290 Forms

Posted on May 11, 2011 by - 2290 form, 2290 online, 2290 tax, Express2290, expresstrucktax, Form 2290, Free VIN Correction, HVUT online, IRS form 2290, Tax 2290, Truck Tax

If you own and operate a heavy vehicle on public highways, then you are aware of the challenges and difficulties associated with that job. Not only is the job of an owner operator incredibly tough, there are also several different taxes that owner operators must file for each heavy vehicle yearly.  These include Heavy Vehicle Use Tax (HVUT) which includes IRS Form 2290 and IRS Form 8849. Another Truck Tax that can be filed is the International Fuel Tax Agreement (IFTA).  

Filing HVUT with IRS Form 2290 has its own set of meticulous instructions. Form 2290 is in 2 parts. The first part is referred to as a Schedule 1. This form must be filled out and stamped by the IRS in order for the vehicle to be registered with the Department of Motor vehicles. The traditional filing process for this form requires an actual stamp from the IRS, which can be obtained in two ways. One can mail the form to the IRS office and wait for the stamped form to be sent in the mail, which can take several weeks. The other option is to actually travel to the nearest IRS office and get it stamped in person. This is also a very time consuming option.

The process for filing IFTA is also very confusing. Each driver must take detailed notes for both how many miles were traveled, and how much fuel was purchased in each state or province.  The purpose of this is so that the Fuel Tax (IFTA) is accurately distributed to all of the states and provinces that were involved.  

Fortunately, this process has been simplified for both of these filings. ExpressTruckTax.com serves as a one-stop-shop for all truck tax needs!  Express Truck Tax allows drivers to E-File a Form 2290 online with the IRS and receive a stamped Schedule 1 in minutes. The IFTA process is also much easier thanks to the online tools that Express Truck Tax has to offer. With features like online trip sheets and abnormal MPG audits, Express Truck Tax has what it takes to get you on the road with as little paperwork as possible!  

How Fuel Tax-IFTA (International Fuel Tax Agreement) Works?

Posted on March 28, 2011 by - 2290 form, 2290 tax, e-file your truck tax, Form 2290, heavy vehicle use tax, highway tax, how to file truck tax, income tax software, IRS form 2290, online tax filing, online taxes, Tax 2290

What is IFTA?

The International Fuel Tax Agreement, or IFTA, represents a tax collection agreement by and among the 48 contiguous United States and the 10 Canadian Provinces bordering the United States.  IFTA is a quarterly tax on qualified highway motor vehicles that operate in at least 2 out of the 58 total jurisdictions.  

Who Must Pay?
A vehicle is considered to be a qualified motor vehicle if it is used, designed, or maintained for the transportation of persons or property and has a gross vehicle or registered gross vehicle weight of more than 26,000 pounds.  A Vehicle is also considered to be a qualified motor vehicle if it has three axles, regardless of its weight.  Finally, a vehicle is considered to be a qualified motor vehicle if the combined weight of all of its parts is greater than 26,000 pounds.

How Does it Work?
Each Vehicle has a Base Jurisdiction, which is the state or province in which the vehicle is registered.  Fuel Tax must be filed with each jurisdiction each quarter.  Each state or province has a different Rate and those rates change quarterly.  Each driver must keep a trip log of how many miles are traveled in each state or province, as well as how much fuel was purchased in each state or province.  

What is IFTA’s Purpose?
The official purpose of IFTA is “to promote and encourage the fullest and most efficient possible use of the highway system by making uniform the administration of motor fuels use taxation laws with respect to qualified member vehicles operated in multiple member jurisdictions.”  When IFTA is filed with the appropriate jurisdiction, The Fuel Tax Report is then used to determine the tax amount due as well as the refund due.  It is also used to redistribute taxes from collecting jurisdictions to jurisdictions that it is due.  One of the reasons for the Fuel Tax is to ensure that a vehicle pays taxes to all deserving jurisdictions. For Example: if a vehicle travels through a state, but buys no gas while in that state, then there was no fuel tax paid to that state through the purchase of gasoline.  Part of their tax would then be redistributed to the state that received no fuel tax.

Filing a Form 2290 with the IRS

Posted on March 24, 2011 by - 2290 form, 2290 tax, efile form 2290, express 2290, express form 2290, expresstrucktax, file HVUT, Form 2290, heavy vehicle use tax, IRS form 2290, Tax 2290, tax highway

The Heavy Vehicle Use Tax, or HVUT, must be filed with the IRS for any highway motor vehicle that exceeds a gross weight of 55,000 pounds.  IRS Form 2290 Schedule 1 is used to report all vehicles for which you are reporting tax (including an increase in taxable gross weight) and those that you are reporting suspension of the tax by category and vehicle identification number (VIN).  The Schedule 1 may also be used as proof of payment to register your vehicle in any state. Use the stamped Schedule 1 that was returned to you by the IRS for this purpose.

Who Must File?
You must file a Form 2290 and Schedule 1 for the tax period beginning on July 1, 2010, and ending on June 30, 2011, if a 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.  Any type of business entity may file a Form 2290 with the IRS.

What Vehicles are Taxable?
The IRS considers taxable Highway Motor Vehicles to be any self-propelled vehicle that is designed to carry a load over public highways.  Examples of such vehicles include trucks, truck tractors, and buses.  The IRS typically does not consider vehicles such as vans, pickup trucks, panel trucks, or similar vehicles because they do not typically weigh 55,000 pounds or more.  A vehicle may consist of a chassis, or a chassis and a body, but does not include the load of the vehicle.  

Who is Exempt?
Although it is rare, some Vehicles that fit the above description may be exempt from the HVUT and Filing requirements of Form 2290.  To officially be exempt from filing Form 2290, the vehicle must be owned and operated by the following:
  • The Federal Government
  • The District of Columbia
  • state or local government
  • American National Red Cross
  • Non-Profit Volunteer Fire Department, Ambulance Association, or Rescue Squad
  • Indian Tribe Government (Only if the Vehicle is Used for essential Tribe or Government Function)
  • Mass Transportation Authority (Only if granted certain powers normally exercised by the state)
  • Qualified Blood Collector Vehicles
  • Mobile Machinery that meets specifications for a chassis


When to File?
A Form 2290 must be filed annually, for each taxable vehicle that is used on public highways during the current period.  The Current Period is from July 1, 2010 and ends on June 30, 2011.  A Form 2290 must also be filed once a vehicle is placed in service.  The due date for each month is the last day of the following month.  For example: if a vehicle is placed in service on October 3rd, the Form 2290 will be due on November 30th.  

How to File?
Although it is possible to paper file, E-Filing is required for each return containing at least 25 vehicles.  The IRS does encourage everyone to file electronically due to its security and speed.  This is highly recommended for Form 2290 in particular because the filing due dates are always only one month away.  There are several providers of services that can help you E-File Form 2290 with the IRS, one such provider is www.expresstrucktax.com.  They provide a very excellent service for all Truck Tax Needs. 

Don’t Be Scammed by Fake IRS Communications

Posted on February 23, 2011 by - 2290 form, 2290 tax, efile form 2290, express truckTax, heavy vehicle tax, highway tax, IRS form 2290, Tax 2290

The Information Below comes From The Official IRS Website at http://www.irs.gov/newsroom/article/0,,id=202394,00.html
Don’t be Scammed by Fake IRS Communications

The IRS receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the Internal Revenue Service. Many of these scams fraudulently use the Internal Revenue Service name or logo as a lure to make the communication more authentic and enticing. The goal of these scams – known as phishing – is to trick you into revealing personal and financial information. The scammers can then use that information – like your Social Security number, bank account or credit card numbers – to commit identity theft or steal your money.

Here are five things the IRS wants you to know about phishing scams:
1. The IRS doesn’t ask for detailed personal and financial information like PIN numbers, passwords or similar secret access information for credit card, bank or other financial accounts.
2. The IRS does not initiate taxpayer communications through e-mail and won’t send a message about your tax account. If you receive an e-mail from someone claiming to be the IRS or directing you to an IRS site:
·  Do not reply to the message.
·  Do not open any attachments. Attachments may contain malicious code that will infect your computer.
·  Do not click on any links. If you clicked on links in a suspicious e-mail or phishing website and entered confidential information, visit the IRS website and enter the search term ‘identity theft’ for more information and resources to help.
3. The address of the official IRS website is http://www.irs.gov. Do not be confused or misled by sites claiming to be the IRS but ending in .com, .net, .org or other designations instead of .gov. If you discover a website that claims to be the IRS but you suspect it is bogus, do not provide any personal information on the suspicious site and report it to the IRS.
4. If you receive a phone call, fax or letter in the mail from an individual claiming to be from the IRS but you suspect they are not an IRS employee, contact the IRS at 1-800-829-1040 to determine if the IRS has a legitimate need to contact you. Report any bogus correspondence.
5. You can help shut down these schemes and prevent others from being victimized. Details on how to report specific types of scams and what to do if you’ve been victimized are available at http://www.irs.gov, keyword “phishing.”

We at Express Truck Tax care about the security of your information deeply.  Please be wary of suspicious emails, faxes, or letters that claim to be from the IRS.   We take the utmost care of your information and work directly with the IRS to guarantee the most secure transfer of information.

File 2290 – Month end is here

Posted on October 25, 2010 by - e-file 2290, e-file online, Express Excise, Express2290, Form 2290, IRS, IRS form 2290, Tax 2290, Truck Tax

Express2290.com is the best solution for filing your Form 2290 (Heavy Truck Use Tax) Always double check the tax information you enter in your 2290 returns.

Few points to keep in mind while e-filing.
* E-file your 2290 returns with Express2290.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

Choose IRS payment option:
There are several options to pay the HVUT taxes with the IRS.
Direct Debit or EFW: IRS will debit directly from your bank account.
EFTPS: You have to schedule the payment to the IRS by going to EFTPS.gov.
Check/Money Order: IRS also supports Check/Money Order if you have can schedule it in time. We strongly advice our Canadian customers to use this option as EFW option may not work for canadian banks.

Just a reminder, if you choose Direct Debit (EFW) as a payment method, the IRS will not process your return during the weekends, or on federal holidays, but on the next business day.

Review Tax ID Numbers
Carefully check Tax Identification numbers on your return.

Review Your Return
Express 2290.com is a very smart program, it automatically checks for any errors before you transmit your 2290 return to IRS, but its always good to double check everything before you hit the ‘Transmit to IRS’ button.

We are always available to help if needed. We are one of the few companies which is locally based to offer customer support. Call 704.234.6005

A Genuine Thank You to Our Customers!!

Posted on September 2, 2010 by - 2290, 2290 Amendments, 2290 Schedule 1, e-file 2290, e-file online, efile2290, express 2290, Express Excise, Express2290, Form 2290, Form2290, HVUT, irs 2290, IRS form 2290, Tax 2290, Truck Tax

Now that August has finally passed we’d like to take the time to give our genuine thanks to the thousands of trucking companies and Owner-Operators that E-Filed their 2290s, 8849s, amendments and VIN corrections to the IRS with us.

An extra thank you goes out to those of you that emailed, called, or chatted with our customer support team. I hope we exceeded your expectations with our knowledge of HVUT, quick response and friendliest support in this field. Our entire team worked well into the night on August 31st making sure all of our customers were able to get their questions answered and 2290s filed on time.

We love helping our customers in any way that we can. We believe our efforts to go above and beyond are showcased by our numerous free services – such as free VIN corrections, free automatic notification of your Schedule 1 to your contracting company, free text alert, free fax of schedule 1 and free full-service filing – found exclusively at www.express2290.com.

For many of you, we probably won’t hear from you again until next year. That’s OK, we understand! But we encourage you to stop by and check out the new services and features we continually add throughout the year. Let us know what you think or how we can better serve you. We never stop looking for better ways to provide the best service at the best value. We truly appreciate any referrals you may provide to your trucking business friends about our HVUT services.

Thank you again to everyone. Drive safe and we look forward to working with you soon.

James Harris
Director – Tax Products
Express Tax Zone
www.express2290.com

Take advantage of some great Express2290.com exclusives!

Posted on August 13, 2010 by - 2290, 2290 Schedule 1, e-file 2290, e-file online, efile2290, express 2290, Express Excise, Express2290, file HVUT, Form 2290, Form2290, HVUT, IRS, irs 2290, IRS form 2290, Tax 2290, Truck Tax

Express2290.com is all about speed and convenience–hence the Express name. Here are a couple of great exclusives you get with Express2290 that will help save you time and money.

-FREE fax and text message notifications. You’ll know when your Schedule 1 is ready just minutes after filing!

-Send a fax of your stamped Schedule 1 from within the application–FREE

-CPA’s/tax professionals can fax paperwork to their clients without leaving the application

-E-file a VIN correction FREE

-Automatic generation of your 8849 form while you’re filing 2290.

On top of all this, they also have US-based phone, email and chat support. Head to Express2290.com now to take advantage of these great features and so much more.

HVUT Common Questions

Posted on July 26, 2010 by - Express Excise, Express2290, HVUT, IRS, IRS form 2290

Need some help with your 2290 filing? The experts at Express2290.com have the answers to all your questions.

What qualifies as a “highway motor vehicle”?
The IRS says a highway motor vehicle is any self-propelled vehicle designed to carry a load over public highways, whether or not that vehicle is also designed to perform other functions. Examples include trucks, buses and truck tractors. For the most part, vans and pickup trucks are not subject to this tax because their taxable gross weight is usually less than 55,000 pounds.

What qualifies as a “public highway”?
Any rod in the United States that is not a private roadway. That includes federal, state, county and city roads.

Are there any vehicles exempt from filing Form 2290?
Yes. Vehicles operated by:

  • The Federal Government
  • The District of Columbia
  • A state or local government
  • The American National Red Cross
  • A nonprofit volunteer fire department, ambulance association , or rescue squad
  • An Indian tribal government but only if the vehicle’s use involves the exercise of an essential tribal government function
  • A mass transportation authority created under a statute that gives it certain powers normally exercised by the state
  • A qualified blood collector vehicle
  • Mobile machinery that meets the specifications for a chassis

Who files when a vehicle is dual registered?
If a taxable vehicle is dual registered to an owner and another person, the owner is liable for the tax and must file Form 2290.

What is the Taxable Gross Weight?
The taxable gross weight of a vehicle (except buses) is the total of

  • The actual unloaded weight of the vehicle fully equipped for service
  • The actual unloaded weight of any trailers equipped for service usually used with the vehicle
  • The weight of the maximum load usually carried on the vehicle and on any trailers usually used with the vehicle.

What is the Taxable Gross Weight for buses?
It’s the bus’ actual unloaded weight fully equipped for service plus 150 pounds for each seat provided for passengers and driver.

Can I pay my tax online?
Yes. If you’re filing electronically, you can pay the IRS using Electronic Funds Withdrawal, or with the Electronic Federal Tax Payment System