Category: IRS Penalties

Form 2290: Fees and Penalties for Filing Late

Posted on September 1, 2015 by - 2290 penalty, form 2290 penalty, IRS Penalties, IRS penalty

As of today, the IRS deadline for Heavy Vehicle Use Tax is officially in the books. If you’re in a frenzied panic right now because you just realized that you’re one of the ones who missed the boat, don’t worry. There are some late fees and penalties you will have to deal with, but none are too extravagant as long as you get filed and don’t put it off!

Penalties:

Neither late penalty is too severe, but the combination of the two can add up quickly if you continue to wait. Below are the IRS penalties for not submitting your 2290 submitted before the deadline:

Late Payment Penalty:

Whether you’ve filed already or not, if you didn’t make your payment to the IRS before the deadline you will be required to pay a late payment penalty.

The penalty for late payment of taxes is an additional 5% of the total tax amount for each month the payment is late. Along with the 5% of the total tax amount added, the IRS will also charge .54% interest monthly on the total outstanding balance.

Late Filing:

This is the less severe of the two penalties, and is also more easily avoided. If you have not filed your 2290 at all, get a move on! The IRS charges an additional 4.5% of the total tax amount due that is added to your total every month for up to five months.

Not to mention, if you are driving around without a valid and current Schedule 1, you can face much more serious penalties. Many states that catch drivers without the proper tax paperwork will actually suspend the driver’s license or tags; don’t let that be you!

How Can I Limit These Fees?

The easy answer is to go to ExpressTruckTax.com and get filed today! It only take a few minutes, and the longer you wait, the more you’ll have to pay.

If you want to get filed but don’t have the money to pay the tax fees right now, there are some alternative options to limit the fees you owe. Even if you don’t have the money to pay the taxes, you can still get filed today, and then select check/money order as your payment method. This will keep you from having to pay the late filing penalty, and then you can just send in your check/money order as soon as possible. 

So as you can see, the penalties for not filing or paying on time can get quite costly if you continue to wait, especially if you have a large tax amount owed. So please take our advice and get filed and paid today! We don’t want you to have to give the IRS and more of your hard-earned money. If you have any questions about 2290 late fees or about getting your 2290 filed, just give us a call at 704.234.6005, or email us at support@expresstrucktax.com.

Form 2290 Deadline is Today for Vehicles First Used in January 2014

Posted on February 28, 2014 by - E-file form 2290, EIN, Federal Heavy Highway Use tax, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, HVUT, IRS Penalties, Schedule 1, Taxable gross weight, VIN

If you placed your vehicle on the road in January, the deadline to file Form 2290 for Heavy Vehicles is today! You can do this in minutes when you 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:

  • 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.

If you are on the road and unable to get to a computer before tomorrow’s deadline, you can use our mobile site athttp://m.expresstrucktax.com.

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

What Do I Need to File Form 2290?

Posted on February 19, 2014 by - E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, VIN

ExpressTruckTax.com is the quickest, easiest, and best value for filing your Form 2290 (Heavy Truck Use Tax) online with the IRS.


Here are a few points to keep in mind while Filing 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
    • Electronic Funds Withdrawal, or Direct Debit: The IRS will collect the taxes due after they are provided with a bank account number and routing number
    • EFTPS: You have to schedule the payment to the IRS by going to EFTPS.gov.
    • Check/Money Order: The IRS also supports Check/Money Order as long as it is scheduled by the 31st of the filing month
• Review all the information
• Double check your Business Name
• Transmit Your 2290 Return

To E-File the Form 2290 online now, go to ExpressTruckTax.com or contact our Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.  We have Spanish Support too!


Form 2290 Filing Deadline For First Used Vehicles in January 2014

Posted on February 3, 2014 by - E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, VIN

When a new vehicle is placed in service, the Form 2290 must be filed by the last day of the following month. So vehicles that were placed in service during the month of January will need to file HVUT using the 2290 by February 28th. Your tax due will be prorated based on 6 months instead of the full year.


You can E-File Form 2290 in minutes using ExpresssTruckTax.  All you will need is:

Then you will transmit the return to the IRS and you will receive your Stamped Schedule 1 in just minutes! For more information or to get started today, visit ExpressTruckTax.com or contact our Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.  We have Spanish Support too!

Form 2290 E-File Deadline is Today!

Posted on January 31, 2014 by - E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, VIN

Today is the last day to file Form 2290 Heavy Vehicle Use Tax for any vehicles first placed in service during the month of December. If you have not yet filed your Form 2290, you will want to E-File it today to avoid any possible IRS late fees, penalties and/or interest.


You can quickly and easily file online through ExpressTruckTax.com. Our program makes it incredibly simple for anyone to E-File their 2290 return online. All you will need is some basic business information, EIN, VIN and Gross Weight of the Vehicle to complete the return.  Then you will transmit the return to the IRS and you will receive your Stamped Schedule 1 in just minutes!


Your tax due will be prorated based on the number of months the vehicle will have been used during the tax year. So vehicles that were placed in service during the month of December will need to file HVUT using the Form 2290 by January 31st, and the tax will be based on 7 months, instead of the full year.

If you are on the road and unable to get to a computer before today’s deadline, you can use our mobile site at http://m.expresstrucktax.com.

If you need help along the way or have any questions, visit ExpressTruckTax.com or contact our Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.  We have Spanish Support too!

What is HVUT?

Posted on January 27, 2014 by - E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, VIN

HVUT is Heavy Vehicle Use Tax and the IRS Form 2290 is used to file this annual tax.  The tax year runs from July 1st through June 30th of the following year and is required for every Heavy vehicle weighing at least 55,000 pounds.


All you need to E-File is your:
  • Basic Vehicle information
  • Vehicle Identification Number or VIN
  • Gross Vehicle Weight.

The best way to file IRS form 2290 is through ExpressTruckTax – the IRS Approved E-file Provider.

With ExpressTruckTax, you can E-File form 2290 in less than 10 minutes. For more information or to get started today, visit ExpressTruckTax.com or contact our Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.  We have Spanish Support too!

Must Have Proof of Form 2290 Payment at Canadian Border

Posted on January 22, 2014 by - Canadian truckers, E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, VIN

Canadian truckers wanting to do business in the US are required to show proof of payment for Heavy Vehicle Use Tax in order to cross the border.  Those unable to show proof may be denied entry into the US.  This tax is paid annually by filing Form 2290. A Stamped Schedule 1 serves as proof of this payment.


ExpressTruckTax makes E-Filing Form 2290 easy. Our program is user friendly, quick and simple.  You can create an account, enter the required information and transmit your return to the IRS in just minutes!  Once the IRS accepts your return, you will receive your stamped Schedule 1 back in no time.  No lines, no waiting, no stress!

ExpressTruckTax even makes it easy for those of you on the road and unable to get to a computer. All you need to do is use our mobile site, http://m.expresstrucktax.com/ and you will be able to E-file your Form 2290 return from any mobile device, anytime, anywhere.

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

Truck Zone – An Exclusive ExpressTruckTax Feature

Posted on January 8, 2014 by - E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, Truck Zone, VIN

The Truck Zone allows you to enter and store information for hundreds to thousands of Heavy Vehicles in one place. It’s like your digital garage. This exclusive feature gives you the ability to file, edit, amend, and sort your entire fleet in one place. The days of changing your vehicle’s information one at a time are over. No more going from place to place, trying to remember what you did on one page and transposing it somewhere else. Consolidate your work and enjoy efficiency.


If you want to file an IRS Form 2290 for 10 trucks,  with this feature you can simply select the 10 trucks that need to be filed and E-File them in minutes. When you want search for a specific schedule 1 either by trucks or unit numbers or drivers, you can come to the Truck Zone and enter the criteria you want and find the one you need.


We have a feature where you can upload a Schedule 1 (obtained by postal mail or done from other providers) that is associated with a particular VIN(s) and enter the other information like First used month, Tax year, Type of Return (2290, VIN correction or amendment) and who has paid for the schedule 1. This way there will just one report to look for the schedule 1’s.

We always strive to make the program better and easier for our customers to use, and this new feature allows you to save your vehicle information, and for your next return you will be able to select vehicles from the “Truck Zone” with just a few clicks.

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

E-File Form 2290 for Vehicles First Used in December

Posted on January 3, 2014 by - E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, VIN

The filing period is now open to file Heavy Vehicle Use Taxes for vehicles first used in December. When a new vehicle is placed in service, the Form 2290 must be filed by the last day of the following month. If you first placed your vehicle on the road anytime in December, you can file your Form 2290 anytime between now and January 31, 2014. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was used on December 25th, it will be taxed as though it was used the entire month.


The Heavy Vehicle Tax Year runs from July 1 through June 30 of the following year. When a vehicle is first placed on the road at any time during the tax year, the tax will be prorated based on the number of months the vehicle will have been used during the tax year. So for vehicles that were placed in service during the month of December will need to file HVUT using the Form 2290 by January 31, and the tax will be based on 7 months, instead of the full year. For vehicles first used in January, the tax will be based on 6 months and so on.

While the deadline is the last day of the following month, you may need to file your Form 2290 before the deadline in order to get or renew your IRP plates.  Many states require proof that your 2290 was filed before they will issue or renew your plates.

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. ExpressTruckTax 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.

To E-File the Form 2290 online now, go to ExpressTruckTax.com or contact our Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.  We have Spanish Support too!

E-File Form 2290 for Heavy Vehicles First Used in November 2013

Posted on December 2, 2013 by - E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, heavy vehicle use tax, Highway Use Tax, HVUT, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross vehicle weight, VIN

Although the HVUT, or the Heavy Vehicle Use Tax is imposed annually, it is also mandatory for vehicles to file the IRS Form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1 and ends on June 30. For vehicles that are first used during the tax year, a prorated tax must be paid for the months that the vehicle was in use. This can be done with the IRS Form 2290 and the easiest way to file the 2290 is through ExpressTruckTax.com


When a new vehicle is placed in service, the Form 2290 must be filed by the last day of the following month. The tax will be prorated based on the number of months the vehicle will have been used during the tax year. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was used on November 28th, it will be taxed as though it was used the entire month. So vehicles that were placed in service during the month of November will need to file HVUT using the 2290 by December 31, and the tax will be based on 8 months, instead of the full year.

All you will need is some basic business information, EIN, VIN and Gross Weight of the Vehicle to complete the return.  Then you will transmit the return to the IRS and you will receive your Stamped Schedule 1 in just minutes!

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