Posted on September 23, 2011 by Santamarina Joseph - express truck tax, Expresstrucktax.com, Form 2290, form 2290 delay, form 2290 due date, Form 2290 for 2011, form2290.net, irs 2290, IRS form 2290, IRS stamped Schedule 1, Proof of 2290 form
The IRS Form 2290 for Heavy Vehicle Use Taxes (HVUT) must be filed annually for each taxable vehicle that is used on public highways during the current tax period. The normal tax period for heavy vehicles begins on July 1st and ends on June 30th of the following year. 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.
This Year has been different because the legislation that controls Heavy Vehicle Use Taxes nearly expired. This caused the due dates of several months to be pushed back to November of 2011. That is why the due dates for this year slightly deviate from the traditional dates outlined in the previous paragraph.
Vehicle first used month |
Due date |
July-2011 |
30-November-2011 |
August-2011 |
30-November-2011 |
September-2011 |
30-November-2011 |
October-2011 |
30-November-2011 |
November-2011 |
03-January-2012 |
December-2011 |
31-January-2012 |
January-2012 |
29-February-2012 |
February-2012 |
02-March-2012 |
March-2012 |
30-April-2012 |
April-2012 |
31-May-2012 |
May-2012 |
02-June-2012 |
June-2012 |
03-July-2012 |
|
|
Posted on September 22, 2011 by Santamarina Joseph - express truck tax, Expresstrucktax.com, Form 2290, form 2290 delay, form2290.net, irs 2290, IRS form 2290, IRS stamped Schedule 1, Proof of 2290 form, Schedule 1 2290, Truck Tax
Any Heavy Vehicle operating on a public highway is subject to filing the Form 2290 with the IRS. Heavy Vehicle Use Taxes (HVUT) is imposed on all vehicles with a registered gross weight of 55,000 pounds or more. The gross taxable weight is calculated by adding the following amounts:
- The unloaded weight of any trailers, fully equipped for service, and typically used in combination with the vehicle
- The maximum weight of the load customarily carried on the vehicle and on any trailers customarily used in combination with the vehicle.
- The unloaded weight of vehicle itself, fully equipped for service.
You may wonder what the IRS considers to be a taxable highway motor vehicle that is subject to the Heavy Vehicle Use Tax. The IRS considers taxable Highway Motor Vehicles to be any self-propelled motor vehicle that is designed to carry a load on public highways. Examples of such vehicles include trucks, truck tractors, as well as buses. The IRS does not usually consider vehicles like vans, pickup trucks, panel trucks, or similar sized vehicles because they do not typically meet the 55,000 pound threshold amount.
There are three different categories for HVUT rates for these vehicles.
- Vehicles Below 55,000 pounds do not have HVUT because they do not qualify as a heavy vehicle.
- Vehicles between 55,000 and 75,000 pounds owe $100, plus $22 per 1,000 pounds over 55,000 pounds.
- Finally, for vehicles that are over 75,000 pounds the maximum HVUT is $550 per year.
Express Truck Tax is authorized by the IRS to E-File Form 2290. This way you can get a stamped Schedule 1 in about 10 minutes. The file is electronically submitted to the IRS, and within minutes the file is processed by the IRS and sent back to the person filing. The form will then contain a watermark from the IRS as proof that it has been processed.
As anyone in the Transportation Industry will already know, the filing process for Heavy Vehicle Use Taxes (HVUT) will be a little bit different than normal this year. The Schedule 1 of the Federal Heavy Vehicle Use Tax (HVUT), which is part of the IRS Form 2290, has been extended to November 30 of 2011. It is also not possible to receive a receipt for the Form 2290 until after November 1st. This means that the majority of those filing this tax will not do so until November. However, Once it is available, the folks at Express Truck Tax will be able to help get those taxes taken care of in no time.
Posted on September 16, 2011 by Santamarina Joseph - 2290 efile, 2290 form, efile 2290, efile form 2290, express 2290, express truck tax, Form 2290, IRS form 2290, Tax 2290, Truck Tax
On Tuesday, September 13, 2011, the House of Representatives approved the extension of the Transportation Bill as well as continue programs for the Federal Aviation Administration (FAA). With both parties focused on jobs and the economy, this bill has been viewed as a no-brainer by many. However, it has been hard to predict what Congress will do as of late.This legislation, H.R. 2887 was introduced to the House of Representatives by the Transportation Committee chairman, John Mica (R-FL), as well as other influential members of that sub-committee. The response by the House was unanimous in support of the extension.The current Transportation Bill has already been extended several times, and a new piece of legislation is needed, but this extension will help continue funding for this nations highways and keep up to a million people at work. Rep. Mica understands this and made the following statement regarding a more permanent solution: “Unfortunately, this bill is the 22nd FAA extension and the 8th surface transportation extension. Congress has delayed passing a long-term FAA bill for over four years, and a surface transportation bill for two years. This action represents a last chance to roll up our sleeves and get transportation projects in America moving again.”For a Senator’s perspective, when asked to comment on the decision, Sen. Frank Lautenberg of New Jersey stated: “The American people didn’t send us here to make unemployment worse and allow our roads to crumble—and that’s why we must act swiftly to extend this law,” he continued. “Instead of putting up roadblocks to this extension, I hope our colleagues will work with us to fix the economy, help Americans get back to work and keeps our country moving forward. Once we have passed this short-term fix, we need to complete work on a long-term bill that strengthens investment in our national transportation network to create jobs, maintain our roads and bridges, and invest in rail and transit to ease commutes.”This is a positive step for the Trucking and Transportation Industry. Although it is still not possible to file Heavy Vehicle Use Taxes with Form 2290, the folks at Express Truck Tax will be available to answer any questions and help drivers file those taxes. For more information, visit the Express Truck Tax website or call our Truck Tax experts at 704-234-6005. You can also chat online, or email any questions to support@ExpressTruckTax.com.
Posted on September 14, 2011 by Santamarina Joseph - 2290 e-file, 2290 form Express truck tax, 2290 online, e-file 2290, Federal HVUT 2290 filing, Form 2290, heavy vehicle use tax, HVUT, IRS form 2290, Truck Tax
while most politicians love to talk about creating jobs for the American people, there is now a real opportunity to avoid thousands, if not close to a million, of American jobs being lost. The Transportation Bill that is currently in Congress funds this nation’s infrastructure. The current bill in place has already been extended many times, and many argue that a new piece of legislation should be created instead of simply extending this old bill. However, the time to act is now, and the simplest way to continue funding this nation’s highways and transportation projects is to extend the current legislation again.
Congressman Hank Johnson represents Georgia’s 4th congressional district and had the following to say regarding the Transportation Bill:
Cutting funding for infrastructure is no way to grow our economy or create jobs. Republicans who threaten the highway bill are way off base. Short-sighted pandering to their tea party political activists may be easy, but it is deeply irresponsible.
Instead of threatening to slash federal infrastructure spending, we should be making bold, forward-looking investments in America’s future.
President Barack Obama is right on the money when he calls upon Congress to aggressively invest in America’s infrastructure. It’s a common-sense vision backed by both business and labor because it’s the right policy at the right time.
Congressman Johnson argues that extending this bill simply makes sense, and that it is a smart investment because it is literally investing in America. The United States’ aging infrastructure has caused our overall rank to fall from 15th to 24th in the past year according to The World Economic Forum’s Global Competitiveness Report. Countries like China, India, and Brazil are making larger investments in their nation’s infrastructure, while we are busy arguing over the idea of funding it at all.
Although there is a tendency for intense gridlock in Washington, there is still good reason to believe that this bill will be extended due to the sheer necessity. Even if this is slightly delayed, it would have a harsh impact on the highway and transit system. This party politics is becoming something of a game in Washington where both parties refuse to negotiate until it is nearly too late.
Once this is enacted, anyone wishing to File IRS Form 2290 for Heavy Vehicle Use Taxes will be able to file during the month of November. The IRS-Authorized e-file provider, Express Truck Tax, will be able to help any Truck Driver, Trucking Company, or Service Provider get their Excise & HVUT taken care of. To e-file through ExpressTruckTax.com it only takes a few minutes and can cost as little as $9.90. If you have any questions about the process, you can call them at 704-234-6005 begin_of_the_skype_highlighting 704-234-6005 end_of_the_skype_highlighting or send an email to support@ExpressTruckTax.com.
Posted on September 9, 2011 by Santamarina Joseph - express truck tax, Expresstrucktax.com, Form 2290, form 2290 delay, form2290.net, irs 2290, IRS form 2290, IRS stamped Schedule 1, Proof of 2290 form, Schedule 1 2290, Truck Tax
An IRS Form 2290 is not complete unless the Schedule 1 has officially been stamped by the Internal Revenue Service. The Form 2290 handles Heavy Vehicle Use Taxes, and the Schedule 1 is part of the IRS Form. To ensure that this is handled properly so that any Heavy Vehicle Use Taxes are reported and paid, there are several options. This form can be mailed, taken to the IRS directly, or the most efficient method: e-filing.
Although there is not a way to e-file this tax through the IRS website, the IRS has authorized Express Truck Tax to file this return because they have passed the IRS Assurance Testing System (ATS) and/or Business Acceptance Testing (BATS) requirements for Software Developers of electronic business returns to the IRS.
If you choose to mail the form to the IRS, it can take weeks for the IRS to respond with the official Stamped Schedule 1 in the mail. Because particularly if it is a busy time for the IRS. This is precious time that should not be wasted because the Stamped Schedule 1 is required in order to register the vehicle with the state DMV.
If you choose to actually deliver the form to the IRS office, you will be forced to wait in line for a representative to review the form and then stamp the Schedule 1. With this option, you are at the mercy of the IRS. The nearest office could be many miles away, and once you are there is no way to know how long it could take. People have reported that on a busy day at the IRS office, you may have to wait in line for as long as 6 hours.
For these reasons it is easiest to use an online e-filing tool such as Express Truck Tax for your 2290 filing needs. Since it is authorized by the IRS for e-filing, that shows it is a trustworthy and reliable service. Another benefit to using this particular service is that they have a team of Truck Tax experts that can take calls, emails, and online chats regarding any Truck Tax question you may have. For more information on the 2290 filing process, heavy vehicle use tax, IRS payment methods, etc visit the Express Truck Tax website or call our Truck Tax experts at 704-234-6005. You can also email any questions to support@ExpressTruckTax.com and the experts will respond within 24 hours.
Posted on September 8, 2011 by Santamarina Joseph - commercial vehicles, express truck tax, Expresstrucktax.com, Form 2290, form 2290 delay, form 2290 download, form2290.net, irs 2290, IRS form 2290, Truck Tax
A vehicle is considered to be commercial vehicle in the United States if it is titled or registered to a company. This all-encompassing definition includes vehicles in a fleet, company cars, as well as other vehicles used for business. Vehicles that are designed to carry more than 16 passengers are also considered to be a commercial vehicle.
Here are the qualifications for commercial vehicles
- A company or corporation owns the title of the vehicle.
- The vehicle is used for business purposes.
- The vehicle is a leased vehicle and in the name of the financial institution that owns it.
- The vehicle exceeds a certain weight and is therefore “classified” as commercial even though it may not be commercially used or commercially owned. A weight of 26,001 pounds or more is always considered to be commercial.
- The vehicle is used to transport hazardous materials.
Commercial trucks are classified into different classes according to their gross weight:
1. Class 1- GVWR: from 0 to 6,000 pounds (0 to 2,722 kg)2. Class 2- GVWR: from 6,001 to 10,000 pounds (2,722 to 4,536 kg)3. Class 3- GVWR: from 10,001 to 14,000 pounds (4,536 to 6,350 kg)4. Class 4- GVWR: from 14,001 to 16,000 pounds (6,351 to 7,257 kg)5. Class 5- GVWR: from 16,001 to 19,500 pounds (7,258 to 8,845 kg).6. Class 6- GVWR: from 19,501 to 26,000 pounds (8,846 to 11,793 kg)7. Class 7- GVWR: from 26,001 to 33,000 pounds (11,794 to 14,969 kg)8. Class 8- GVWR: above 33,000 pounds (14,969 kg)
If a Class 8 commercial vehicle weighs more than 55,000 lbs, it is subject to heavy vehicle use taxes. The tax is paid to the Internal Revenue Service (IRS) using the IRS Form 2290. Heavy Vehicle Use Tax is a federal tax. Individual states do not collect the tax. However, in order to properly register your vehicle with the state, you must present a Stamped Schedule 1 from the Form 2290 to the local DMV when registering the vehicle.
The official qualifications to be liable for heavy vehicle use taxes stipulate that a vehicle must have gross weight 55,000 lbs or more. The IRS defines taxable gross weight as the sum of:
- The unloaded weight of a vehicle that is fully equipped for service
- The weight of any unloaded trailers, equipped for service, and typically used with the vehicle
- The maximum weight of the load customarily carried on the vehicle and on any trailers customarily used with the vehicle.
ExpressTruckTax.com is an IRS authorized E-File provider who can help you file form 2290 as well as keep secure online records of previously filed form 2290’s. For more information on the 2290 filing process, heavy vehicle use tax, IRS payment methods, etc visit the Express Truck Tax website or call our Truck Tax experts at 704-234-6005. You can also email any questions to support@ExpressTruckTax.com.
Posted on September 5, 2011 by Santamarina Joseph - 2290 form, 2290 tax, express 2290, Expresstrucktax.com, Form 2290, form2290.info, form2290.net, IRS 2290 2011, IRS form 2290, IRS updates, Tax 2290, Truck Tax
On Wednesday, August 31, 2011, President Barack Obama was joined by Transportation Secretary, Ray LaHood, as well as Richard Trumka, president of the AFL-CIO, and also David Chavern, the chief operating officer of the Chamber of Commerce as he made a speech to a gathering of Highway Workers regarding the Transportation Bill currently in Congress. His speech mainly focused on the jobs that would be lost if Congress failed to pass the bill by September 30th (the current transportation legislation is set to expire on Sept. 30). According to his speech, nearly one million highway workers would be out of a job if the current legislation expired without enacting new legislation.
The current transportation legislation “The Safe, Accountable, Flexible, and Efficient Transportation Equity Act: A Legacy for Users” expired in 2009, but Congress has kept adding extensions to the legislation. The most recent one expires at the end of September. If it is not extended, or if new legislation is not enacted to replace it, the transportation industry will experience a shutdown similar to what the Federal Aviation Administration (FAA) experienced earlier this year.
If there is no immediate solution, the Transportation department will experience about 4,000 jobs to be furloughed without pay, and up to one million jobs if the delay is any longer. These are jobs for the people who build our roads and keep them safe. It would be detrimental and irresponsible to our highway system if this legislation is not kept in place.
The American Trucking Associations (ATA) came out in support of President Obama stating that Congress needed to quickly act on another extension, but more extensions are no replacement for a long-term highway solution. The ATA also urged the administration to use caution when using private sector funding for public infrastructure.
Soon after, The American Association of State Highway and Transportation Officials also released a statement in agreement with the ATA. Another organization that supported President Obama’s push for new legislation came as a surprise was OOIDA (Owner-Operator Independent Drivers Association). This was a bit surprising because OOIDA and the ATA have had a history of having a different opinion than the ATA. But as to this issue they have a similar viewpoint. They also agree that the government should try to avoid private sector funding for public transit.
This delay in the typical tax year for those filing Truck Taxes has affected an entire industry. Once an extension is passed or new legislation is enacted, those Truck Taxes will be able to be filed with Express Truck Tax at www.ExpressTruckTax.com. You can use this service to quickly EFile your Heavy Vehicle Use Taxes with Form 2290, 8849, IFTA and more! It only takes minutes to complete. If there are any questions, you can send them to (704)234-6005 or support@ExpressTruckTax.com.
As you already know, it is becoming increasingly popular and more and more recommended to paying bills online. The same goes for your taxes. The process for a single return can actually be rather quick, easy, and completely painless. The IRS itself has authorized certain programs in which to file .These programs help increase the accuracy of your filing, as well as a secure way in which to transfer a tax payment. A tax payment made online takes only an instant, and is done over a secure connection; when sending tax payments via postal mail, it can take days to get there (and there is hardly a way of knowing if it was received until it is too late).The IRS encourages everyone to E-File their tax returns because it is quicker and easier to process for the IRS. This is also a less costly option for the IRS. If you are considering E-Filing your Tax Return, there are a few things that you should look for:A system to file tax returns is by nature going to be complex, but that does not mean that it cannot be user friendly. If a system is too complicated to figure out and there is no customer support options that should be a red flag.Along with being user friendly, the questions asked should be completely understandable. If you cannot understand what is being asked, check the help guide, or contact the customer service. If there is no customer service available at all, it may be a good time to find another tool.It is important to remember that the IRS itself has created a list of authorized E-File providers. This list is posted on the Official IRS Website. Anyone planning to E-File a tax return should definitely check their E-Filing source and make sure that they are indeed an authorized E-Filing Service.One of the best ways to E-File many different types of tax returns is through Express Tax Zone. They offer a wide variety of tax tools for e-filing. You can file something as easy as a tax extension, or something more complicated like Heavy Vehicle Use Tax. The Website for filing Truck Taxes online is www.ExpressTruckTax.com. It is a very simple process to file a complicated task. If you need assistance, you can contact their US-based customer support team of Truck Tax experts. They are available either by online chat, email (support@expresstrucktax.com), or by phone: 704.234.6005.
An annual tax on the use of heavy highway vehicles is imposed in Section 4481 of the Internal Revenue Code. The IRS uses Form 2290 to report this tax. The Internal Revenue Service has stated that the law governing taxes imposed on the use of heavy highway vehicles (Form 2290)will expire on September 30, 2011. The IRS Form 2290 for the new tax year beginning July 1, 2011 is not available at this time and has not yet been published by the IRS for the new tax period. Due to the current situation, you can most likely expect a delay in the filing period for heavy vehicle use tax form 2290. It is also very likely that we may also expect to see changes in the new Form 2290 when it is published. This is based on the fact that the Heavy Vehicle Use Tax Schedule 1 for previous tax periods has typically changed slightly from year to year.
Although the 2290 form is not yet ready, you can still get your vehicle tags for the tax period beginning July 1, 2011. Existing regulations allow states to register heavy highway vehicles when the registration application is received during the months of July, August, or September. A Schedule 1 for the previous year (July 2010 – June 2011) then state offices can accept it as a proof of payment.
You can also get your newly acquired heavy highway vehicles registered by the state without having a proof of tax payment. If you present an original or a photocopy of the bill of sale showing that the vehicle was acquired during the 60 days preceding the date that the state receives the application for registration.
Taxpayers should be aware that the IRS strictly discourages sending any old/previous form or payment to the IRS in order to file HVUT for new tax period (2011-2012). If the older form is sent to the IRS, the payment will be applied towards the tax account and a Schedule 1 will not be issued. However, they will send a notice to send a new form when it becomes available.
We will keep you updated on the latest changes as we get them from the IRS. In the meantime, if you have already filed a 2290 return for the tax year 2010-2011, then you should contact the IRS at 866-699-4096 to get a copy of your Schedule 1. If you have filed through one of the IRS authorized E-File providers such as ExpressTruckTax.com then you need to get in touch with them to get a copy of your Schedule 1.
Posted on June 6, 2011 by Santamarina Joseph - 2290 form, 2290 tax, 2290 VIN Correction, E-file Form 2290 for $9.90 only, expresstrucktax, Form 2290, Form 2290 Authorized e-file Provider, IFTA Information, IRS form 2290, Tax 2290
If you are required to file HVUT, or Heavy Vehicle Use Taxes, then you are familiar with the IRS Form 2290. If you have been paying these taxes for many years, then you likely to be more familiar with the process for paper filing. However, there have been some huge technology advances in the past few years and the IRS does now accept and encourage taxpayers to E-File their 2290 Form.
There are several online service providers for the IRS Form 2290, and you need to select the one that is right for you! In making these decisions, there are a few things that you should consider. When you select a provider, make sure that they are an authorized IRS E-File Provider, make sure that they can handle all of your truck tax needs, and it is best to find a provider that is entirely web-based.
As for the Authorized E-File Providers, you should look on their website for a statement that they are indeed authorized by the IRS to E-File. You can also refer to the IRS Website to see a complete list of Authorized E-File Providers.
If you are filing Truck Taxes for more than just the Form 2290, such as IFTA, or Form 8849 then it would be beneficial to have them all filed from the same place. Some service providers are exclusively for Form 2290, or Form 8849, etc. It would be most economical and convenient to get them all filed in the same place.
The benefits of a web-based system are many. If the system is not web based, then there is less reason to use them. The IRS recommends E-Filing because of it’s speed and security. If you are required to download lots of files and store information on your computer, your system is not completely web based. The benefits of a web-based system are obviously the speed of transfer to the IRS when you are finished, but also the security of storing your information online instead of on your computer.
ExpressTruckTax.com is one such provider. It is entirely web-based, they are a one-stop-shop for truck tax needs, and they are authorized by the IRS as an official E-File provider. If you need any help, you can also contact their wonderful, Customer support team! They offer live chat & phone support Mon-Fri, as well as email support 24/7.