Category: irs 2290
Customer Spotlight
Basing the IRS Form 2290 HVUT Tax on weight is fairer
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 Assciation 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.
Form 2290 filing season started for Tax Year 2012-2013, E-file today with ExpressTruckTax
E-file Form 2290 for any Heavy Vehicles First Used in May 2012
2290 Tax season is just around the corner, E-file today with ExpressTruckTax
States require a stamped Schedule 1 as proof of payment for the Heavy Vehicle Use Tax in order to register the vehicle. With ExpressTruckTax.comyou will receive your stamped Schedule 1 within minutes, so you no longer have to wait to register or renew your vehicles.
IRS E-File Provider: ExpressTruckTax Offers E-Filing for the New HVUT Tax Period
- There is no need to create an account. Just login with Facebook or Google to start the process in seconds.
- Contextual help and video guides with clear instructions appear throughout the process. They’ve done everything possible to make taxes less taxing.
- Get notifications about the status of a tax return through emails, text messages and even fax! The Schedule 1 can be emailed or faxed automatically to a trucking or leasing company.
- Companies with more than 25 trucks are required by the IRS to e-file Form 2290. Instead of entering each truck one by one, entire fleets can be uploaded using a spreadsheet.
- While filing Form 2290, the system can identify credits and help taxpayers quickly and easily file Form 8849, so that they get their money back from the IRS faster. An IRS Form 8849 is automatically generated when tax credits exceed the amount of tax due.
- The tax system is so fast; a Stamped Schedule 1 from the IRS can be received in a matter of minutes.
What is My First Used Month(Form 2290)?
When Filing the IRS Form 2290, you will be asked to provide the First Use month for a vehicle.
This date refers to the time when the vehicle was placed in service during the tax period. If this vehicle has been in service for previous years and will continue to be in service this year, the first use month will be July. This is because the tax period for Heavy Vehicle Use Taxes is from July until June.
If a new vehicle is placed in service during the tax period, the first use month would be the month in which the vehicle was first used. If a vehicle was only used during part of the tax period, the tax for the year will be prorated.
To e-file a Form 2290 online, you can use www.ExpressTruckTax.com and if you have any questions about your First Use Month, you can contact the Truck Tax Experts at 704.234.6005.
It’s Almost Time to File 2290, so what are the benefits of Efiling?
The tax period for the 2012-2013 tax years is just over a week away and you are busy preparing so you can file on time. For years you have filed your 2290 by filling out the Form 2290 and either taking it into the field office or mailing it in. So why would you want to e-file?
Here are just some of the benefits of E-Filing:
1. IRS requires anyone with 25+ trucks is required to E-File
2. It’s quicker; you can file from the comfort of your own home, no more going to the IRS office and waiting in those long lines!
3. Save on a stamp…Saving you money & saving the trees…paperless!
4. Avoid waiting for Stamped Schedule 1; receive your Stamped Schedule 1 within minutes!
5. Customer support, when choosing an E-File provider choose one who offers customer support to assist you if you have any questions
6. Keep track of your tax filing process. When you use an online service provider, you will have an online record of your previous year filings. No need to reenter the VIN numbers, they will already be there from the previous year, again saving you time.
Concerned about what happens if you make a mistake? What happens if you type in the wrong VIN and don’t realize it before you submit your return? Not a problem at all, when you choose a service provider, like ExpressTruckTax.com, who offers FREE Online VIN Corrections. You will be able to correct your VIN free of charge with just a few clicks. E-Filing saves you both time and money!
New Form 2290 Tax Year (2012-2013)
If you own or drive a Heavy Highway Vehicle, you are probably curious about the new tax period for Heavy Vehicle Use Taxes.
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The New Tax Year for Heavy Vehicles will begin on July 1, 2012 and end on June 30, 2013.
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The Filing Season for this new Tax year will begin on July 1, and the due date is August 31, 2012.
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To file this Annual Excise Tax for Heavy Vehicles, you can use the IRS Approved E-File provider – ExpressTruckTax.com.
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This makes the filing process quick and easy. If you have any questions about the New Tax Period, you can contact the Truck Tax Team at 704.234.6005.
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