Category: Form 2290 for 2012

Misconceptions about Filing Form 2290

Posted on August 20, 2012 by - 2290 form, 2290 online, 2290 tax, e-file 2290, E-filing Form 2290, Form 2290, Form 2290 for 2012, irs 2290, IRS Penalties, Suspended vehicle, Tax 2290, truck tax 2290

Over the years, we have had reoccurring questions about a few misconceptions about filing Form 2290 for Heavy Vehicle Use tax (HVUT).  So we would like to provide some information to help clarify it for you.
What are my Payment Options?
There are 3 Options:
(1) Electronic Funds Withdrawal (EFW)
(2) Electronic Federal Tax Payment System (EFTPS)
(3) Mail a check or money order.
How do I apply for credit using Form 2290 when a vehicle is lost or stolen?
The Form 8849 Schedule 6, Claim for Refund of Excise Taxes, can be filed to claim a refund or credit of heavy vehicle use taxes previously paid.
What is a suspended vehicle?
A highway motor vehicle which does not exceed mileage 5,000 miles or less (7,500 miles or less for agricultural vehicles) is exempt from tax and considered ‘suspended.’
Do I pay the penalty using the Form 2290?
The IRS will notify you if you have a penalty due, at which time you can send a letter to the IRS explaining why you have reasonable cause for filing or paying late.
We hope these answers to the most common questions we receive, helps you. If you have any more questions, please contact our friendly US based customer support center in Rock Hill, SC 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.

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.  

Express Truck Tax Says Thank You!

Posted on August 6, 2012 by - 2290 form, e-file 2290, Express Truck Tax coupon code, EXPRESS10, Form 2290, Form 2290 for 2012, Form 2290 Online, irs 2290, IRS payment options

ExpressTruckTax would like to thank you for your business. Though we are already the lowest priced IRS Authorized E-File Service Provider in the industry, we are proud to extend an offer in appreciation to our current customers and to welcome new customers.  
Use coupon code, EXPRESS10, and save 10% off our already low filing fee. The code can be used on any and all returns you file. Simply enter the code on the page titled ‘Available Payment Options‘ beside ‘Discount Code’ and click ‘Apply’. Just remember to enter the code in order to receive the discount!
To E-File the Form 2290 online now, go to ExpressTruckTax.com and don’t forget to use discount code EXPRESS10 to save an additional 10%!  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 Your HVUT Form 2290 on Time to Avoid Penalties

Posted on August 3, 2012 by - 2290 form, August 31st 2012 deadline, e-file 2290, Form 2290, Form 2290 for 2012, Hvut 2290, HVUT Payment, irs 2290 penalties, stamped Schedule 1

Filing your Form 2290 for Heavy Vehicle Use Tax (HVUT) can be time consuming and confusing. The IRS has simplified this process by introducing the ability to E-File your Form 2290. Now that you can E-File, you can complete the process within minutes and you have an online record of previous returns right there at your fingertips.
ExpressTruckTax is an IRS Authorized E-File Provider that makes this process even easier with their friendly US based customer support team who is ready to eager to lend a helping hand if necessary. The program is very easy to use, even for those who are not too comfortable with a computer.
This tax is due every year and must be paid in full and on time or you will be assessed penalties and interest. The penalties for filing late will not be imposed if you can show reasonable cause for not filing on time. The penalty for failing to file IRS Form 2290 in a timely manner is equal to 4.5 percent of the total tax due, assessed on a monthly basis up to five months. Late filers not making an HVUT payment also face an additional monthly penalty equal to 0.5 percent of total tax due. Additional interest charges of 0.54 percent per month accrue as well.
The August 31st due date is approaching so 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.

Form 2290 HVUT Requirements

Posted on August 2, 2012 by - e-file 2290, Federal HVUT 2290, Form 2290, Form 2290 for 2012, Hvut 2290, HVUT Exemptions, HVUT Requirements, irs 2290, suspended vehicles

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 monies collected are used to offset the cost for road repairs and maintenance.
 
Suspended vehicles (Category W) are still required to file a Form 2290, even though there is no tax due.  A vehicle is considered suspended if the motor vehicle does not exceed 5,000 miles or 7,500 miles for agricultural vehicles during the tax period, regardless of owners.
An agricultural vehicle is any highway motor vehicle that is:
1. Used (or expected to be used) primarily for farming purposes, and
2.  Registered (under state laws) as a highway motor vehicle used for farming purposes for the entire period. A special tag or license plate identifying the vehicle as used for farming is not required for it to be considered an agricultural vehicle.
Also note that logging vehicles are taxed at a reduced rate.
There are some vehicles that are exempt from the tax and are not required to file Form 2290. They are
    1. The Federal Government,
    2. The District of Columbia,
    3. A state or local government,
    4. The American National Red Cross,
    5. A nonprofit volunteer fire department, ambulance association, or rescue squad,
    6. An Indian tribal government but only if the vehicle’s use involves the exercise of an essential tribal government function,
    7. A mass transportation authority if it is created under a statute that gives it certain powers normally exercised by the state,
    8. Qualified blood collector vehicles (see below) used by qualified blood collector organizations, or
    9. Mobile machinery that meets the specifications for a chassis
For more information on exempt vehicles, go to irs.gov/trucker.
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 now encouraged to E-File. 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. 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.

How to file a Form 2290 Amendment?

Posted on August 1, 2012 by - federal form 2290, Form 2290, Form 2290 Amendment, Form 2290 for 2012, Heavy vehicle use tax 2290, How to file Form 2290 Amendment, Hvut 2290, irs 2290, Taxable Gross Weight Increase, VIN Corrections

A Form 2290 Amendment is quite simply, an adjustment or modification to the IRS Form 2290 for Heavy Vehicle Use Taxes.
Common reasons to file a Form 2290 amendment include:
1. VIN Corrections – A VIN correction would need to be filed if an error was made on the 2290 when entering the 17 character Vehicle Identification Number
2. Taxable Gross Weight Increase – If a 2290 was filed with an incorrect gross weight listed for the vehicle
3. Mileage Exceeded – If a Form 2290 was filed, as a “Suspended Vehicle” and it exceeded the 5,000 mile threshold
The easiest way to file this form is online through ExpressTruckTax.com. As an IRS approved E-File provider, ExpressTruckTax can E-File a 2290 Amendment in just minutes! You can even file a VIN correction for Free. Simply choose the Form 2290 Amendments option as shown below.
To learn more and get started, you can go to ExpressTruckTax.com and E-File your amendment or contact the Truck Tax Experts at 704.234.6005 or Email at support@expresstrucktax.com.

Record keeping Requirements for Registered Heavy Highway Vehicles for Form 2290

Posted on July 30, 2012 by - 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 - 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
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    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.

    IRS Heavy Vehicle Use Tax Form 2290 Webinar

    Posted on July 26, 2012 by - e-file 2290, E-file 2290 today, Form 2290, Form 2290 for 2012, Form 2290 Webinar, Hvut 2290, irs 2290, Learn about Truck Tax

    As you know, the Truck Tax Season has now begun, and the IRS Form 2290 must be filed during the months of July and August. If you would like to learn more about this tax, you can Sign-Up for our Free Webinars about the IRS Form 2290. These Truck Tax Education sessions will cover all the primary aspects of the Form 2290 and also explain how to file Heavy Vehicle Use Taxes.

    Topics will include the following:

    – What Is the IRS Form 2290?
    – When to File the IRS Form 2290?
    – How to File the IRS Form 2290?
    – How to Pay the Heavy Vehicle Use Tax?
    – What Happens If You Don’t File?
    When?

    Friday, July 27 – 7:00pm (EST) – Sign Up For Free
    All Attendees will receive $5.00 OFF their next 2290 or IFTA Filing through ExpressTruckTax!