Category: Taxable gross weight

Last Minute Form 2290 Filer Checklist

Posted on August 27, 2013 by Santamarina Joseph - 2290, e-file 2290, EFTPS, EIN, Federal Heavy Vehicle Use Tax, Form 2290, Form 2290 Checklist, GVW, HVUT, Last Minute Form 2290 Filers, Taxable gross weight, VIN

There’s only 7 days left to file Form 2290 for Heavy Vehicle Use Tax for the 2013-2014 tax year. Since August 31st falls on a Saturday and the IRS will be closed Monday, September 2nd for Labor Day, the 2290 deadline is September 3, 2013. You can still E-File your Form 2290 on these days, but you will not receive your Stamped Schedule 1 until Tuesday, September 3, 2103, when the IRS reopens.

Here’s a checklist of what you will need:

Federal Tax ID# or EIN (Employer Identification Number)
VIN (Vehicle Identification Number)
Taxable Gross Weight of Vehicle(s)

The taxable gross weight of a vehicle (other than a bus) is the total of:

The actual unloaded weight of the vehicle fully equipped for service
The actual unloaded weight of any trailers or semitrailers fully equipped for service customarily used in combination with the vehicle
The weight of the maximum load customarily carried on the vehicle and on any trailers or semitrailers customarily used in combination with the vehicle.
Name and Address
Choose IRS payment option

There are three methods to pay the tax:

Electronic funds withdrawal (direct debit) if filing electronically.
Electronic Federal Tax Payment System (EFTPS).
Check or money order using the payment voucher.

That’s it! Our program takes care of computing the tax and enables you to submit your IRS payment. You will receive your Stamped Schedule 1 within minutes!

ExpressTruckTax.com is an IRS authorized E-File provider for Form 2290 Heavy Highway Vehicle Use Tax Return. 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!

HVUT Late Filing Penalties & Interest

Posted on August 9, 2013 by Santamarina Joseph - 2290 stamped Schedule 1, Avoid IRS penalties, E-file 2290 form, EIN, express truck tax, Form 2290 Deadline, form 2290 spanish support, heavy vehicle use tax, HVUT, Taxable gross weight, VIN

Penalties can be incurred for failing to file Form 2290 returns or pay Heavy vehicle Use Taxes when they are due. There are also penalties for filing false or fraudulent returns. These penalties are imposed in addition to interest charges for late payments.

Penalties for HVUT non-compliance are costly to motor carriers. The penalty for failing to file IRS Form 2290 by August 31st is equal to 4.5% of 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% of total tax due. Additional interest charges of 0.54% per month accrue as well.

Based on these rates, an HVUT liability that was originally $550 would climb to over $700 by the end of the five-month period of delinquency. In addition to these federal penalties, states will suspend the registrations of vehicles for which proof of HVUT payment has not been provided.

So avoid these penalties by E-Filing your Form 2290 today. For more information or to get started, 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!

File 2013-2014 Form 2290 On Time To Avoid HVUT Penalties

Posted on August 5, 2013 by Santamarina Joseph - 2013-2014 HVUT tax year, E-file form 2290, EIN, Form 2290 Deadline, Form 2290 Online, Highway Use Tax, HVUT, HVUT Penalties, IRS Payment option, IRS Penalties, Schedule 1, Taxable gross weight, VIN

The deadline to file Form 2290 for the 2013-2014 tax period is August 31st. 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% 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% of total tax due. Additional interest charges of 0.54% per month accrue as well.

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!

What Is Heavy Vehicle Use Tax (HVUT) Used For?

Posted on July 19, 2013 by Santamarina Joseph - E-file form 2290, easy 2290, Federal Heavy Vehicle Use Tax, Form 2290 Online, Form 2290 stamped Schedule 1, HVUT, Taxable gross weight, taxable 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 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 Association 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. The HVUT ensures that operators of heavy trucks pay a little more for the highway network relative to the motorists than the light trucks who meet their responsibility through other forms of taxes (e.g., registration fees, motor fuel taxes) but do less damage to the system. The monies collected are used to help pay for road repairs and maintenance.

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 encouraged to do so. 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. Having the option to E-File makes the annual filing process quick and easy.

To E-File 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!

File Your Form 2290 On Time To Avoid Penalties

Posted on July 10, 2013 by Santamarina Joseph - 2290 stamped Schedule 1, Avoid IRS penalties, E-file 2290 form, EIN, express truck tax, Form 2290 Deadline, form 2290 spanish support, heavy vehicle use tax, HVUT, Taxable gross weight, VIN

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.

What is the Heavy Vehicle Use Tax (HVUT) Used For?

Posted on April 22, 2013 by Santamarina Joseph - E-file form 2290, easy 2290, Federal Heavy Vehicle Use Tax, Form 2290 Online, Form 2290 stamped Schedule 1, HVUT, Taxable gross weight, taxable vehicles

E-File Form 2290 for Heavy Vehicles First Used in October 2012

Posted on November 1, 2012 by Santamarina Joseph - E-file IRS Form 2290, EIN, Federal Heavy Vehicle Use Tax, Form 2290 deadline for vehicles 1st used in October, HVUT, Prorated 2290 tax, stamped Schedule 1, Taxable gross 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 October 28th, it will be taxed as though it was used the entire month. So vehicles that were placed in service anytime during the month of October will need to file HVUT using the 2290 by November 30, and the tax will be based on 9 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! If you need assistance or have any questions, please contact us our US based customer support team in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.

E-File Form 2290 for Heavy Vehicles First Used in September 2012

Posted on October 26, 2012 by Santamarina Joseph - 2290 deadline, e-file 2290, EIN, Federal Heavy Highway Use tax, Form 2290, heavy vehicle use tax, HVUT, Prorated 2290 tax, stamped Schedule 1, Taxable gross weight, VIN

The HVUT, or the Heavy Vehicle Use Tax is mandatory for vehicles to file the IRS Form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1st and ends on June 30th of the following year. 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 e-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 September 28th (or any date during the month), it will be taxed as though it was used the entire month. So vehicles that were placed in service during the month of September will need to file HVUT using the 2290 by September 30, and the tax will be based on 10 months, instead of the full year.

Reminder-October 31st Deadline to File Form 2290

Posted on October 25, 2012 by Santamarina Joseph - 2290 stamped Schedule 1, Avoid IRS penalties, E-file 2290 form, EIN, express truck tax, Form 2290 Deadline, form 2290 spanish support, heavy vehicle use tax, HVUT, Taxable gross weight, VIN

Don’t forget to file your Form 2990 by the October 31st deadline for any heavy vehicles first placed in use during the month of September. The HVUT, or the Heavy Vehicle Use Tax is mandatory for vehicles to file the IRS Form 2290 after the first use month. The easiest way to e-file the 2290 is through ExpressTruckTax.com

Remember, next Wednesday, October 31, 2012 is the deadline, so file today to avoid possible IRS penalties. If you need assistance or have any questions, please contact us our US based customer support team in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish support, too!

October 31st Deadline for Form 2290 First Used in September 2012

Posted on October 18, 2012 by Santamarina Joseph - e-fiile form 2290, EIN, express truck tax, Form 2290 Deadline, heavy vehicle use tax, HVUT, Prorated 2290, stamped Schedule 1, Taxable gross weight, Truck Tax, VIN

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 September 28th, it will be taxed as though it was used the entire month. So vehicles that were placed in service during the month of September will need to file HVUT using the Form 2290 by October 31, and the tax will be based on 10 months, instead of the full year.

With ExpressTruckTax you can E-File and receive your Stamped Schedule 1 within minutes. All you will need to do is enter some basic business information, EIN, VIN and Gross Weight of the Vehicle and then electronically transmit the return to the IRS. If you need assistance or have any questions, please contact us our US based customer support team in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.