Tag: CPA

FAQ Friday: What Are Credits?

What Are Credits In ExpressTruckTax?

Each time someone pays for their return with ExpressTruckTax, they are required to pay a filing fee which depends on how many trucks you are filing for. When filing with ExpressTruckTax, a credit card is required, and entering the information each time can start to get repetitive after a while. By using the wallet feature in ExpressTruckTax, clients can purchase credits in advance and use them to pay for the filing of Form 2290. By purchasing these credits, you will receive a discount for buying them in bulk. 

Who Can Purchase Credits?

Anyone who needs to file Form 2290 has the option to purchase these credits to not only save money but pay in advance for them and not have to worry about paying later. Credits are especially beneficial for CPAs and businesses who file for large amounts of businesses.

The Benefits Of Purchasing Credits In ExpressTruckTax?

The biggest benefit of the credits is that they don’t expire. You can save them in your wallet and use them when you need them. By purchasing these credits users can save 10% or more on filing fees. Buying these credits greatly benefits those who need to file Form 2290 for multiple vehicles or they file for multiple people. They are time-efficient and make your payment process simpler.

What are you waiting for? If you file multiple Form 2290s then purchase credits today and save time and money!

A Streamlined IRS Form 2290 Filing Solution For Tax Professionals

Looking for an easier way to manage Form 2290 for all your clients? 

Look no further than ExpressTruckTax!

We offer tons of great features for tax professionals to manage 2290 filings for their clients. You work all year to provide a much-needed service for truckers so we make it our business to provide unparalleled service for you!

The benefits of e-filing with ExpressTruckTax include:

  • Managing an unlimited number of businesses and EIN’s from a single login. That’s right, only one password to remember!
  • Filtering for businesses or specific trucks using our Advanced Search option. 
  • Import business and truck information with Bulk Upload features so you can start e-filing immediately. 
  • Special pricing – CPAs can purchase prepaid credits for all their 2290 filing with a 10% discount.
  • Separate portal access for their clients to e-Sign Form 8453-EX.

Head over to ExpressTruckTax.com and create a new account (it’s free!). Here’s how to set up your CPA account.

Only 3 Steps to Manage 2290 Filing for your Clients

Step 1: Create Account and Enter Your Business Details

  • Enter your email address and a password of your choice, and be sure to check the box “Are You a Tax Professional?” to ensure you create the right kind of account.
  • Enter your CPA Details into the Tax Professional Profile page. First, check whether you own your own firm (and have an EIN) OR are self-employed (don’t have an EIN).
  • Enter your PTIN. The PTIN (Paid Preparer Tax Identification Number) is required by the IRS for all paid tax return preparers.
  • Finally, enter your full name, address, and contact information, and hit “Create”.
Add Business Manually

Step 2: Add Businesses

Now to enter the details of each business you intend to e-file Form 2290 for. There are two ways do this:

Option 1: Manual Entry

If you’re looking to add only one or two businesses to your account and file a return right away, this is the best option for you.

For manual entry, simply add the Name, EIN, address & contact info for the business. Then indicate whether you have Power of Attorney (a current Form 2848 filed with the IRS). If yes, you must enter the “Valid Up To” date for when your power of attorney expires.

Finally, enter the name, phone number, and title of the Signing Authority. In most cases, this will be you, unless your client chooses to maintain it him or herself.

Add Business Details Manually

Option 2: Bulk Upload

In the top right corner of the Add Business screen, you’ll notice the Quick Links section. Select the first link “Bulk Upload Businesses” and you’ll be taken to this screen with instructions to bulk upload the businesses into your ExpressTruckTax account.

Bulk Upload Form 2290 Business Details

To Bulk Upload a business, you will be prompted to

1) Download our Excel Template File and save it to your computer.

2) Copy and paste all of the business details into the Excel Template.

3) And Upload the Excel File back into ExpressTruckTax.

Step 3. Add Taxable Vehicles

At this stage, you can simply select a business and start a Form 2290 for one or more of their vehicles. However, if you want to save all their vehicle information for quick filing, there are two methods for saving vehicles.

Option 1: Manual Entry

First, be sure you’re adding vehicles to the correct business. To switch back and forth between businesses, just select the business you’d like to manage from your Business List on the right side of your screen. The business highlighted in dark blue is the one you are currently editing. 

Once you’ve selected the business, head over to the Truck Zone tab on the top menu, and then select “Add New Vehicle”. Enter the vehicle’s VIN, Gross Weight, and whether it is suspended, licensed for agriculture, or used for logging.

Additionally, you can enter the make, model, license plate number, and even the truck’s IFTA details or state-specific permit numbers.

Manually Add Form 2290 Vehicle Details

Option 2: Bulk Upload to TruckZone

Another great feature for CPA’s, you can Bulk Upload hundreds or thousands of vehicles at a time. Select Express Upload to use our Excel Template (same procedure as for uploading businesses), or use our Smart Upload for the smoothest experience. With the Smart Upload feature, you can import data from any file type by uploading the file and matching each of your categories to ours.

Bulk Upload Form 2290 Vehicle Details

Whether you manually enter trucks as you go, or Bulk Upload them all at once, all of the vehicle information will be securely stored in Truck Zone and easily accessible through the Advanced Search option. Filter vehicles by VIN, gross weight, etc, to quickly and easily find the trucks you’d like to file for. Then check each to add to the tax return.

Access our Frequently asked questions and their answers for tax professionals.

Learn more about special pricing for CPAs

Call our team now to get set-up with special pricing. We’re available at 704.234.6005. You can also chat with us online or get 24/7 email support at support@expresstrucktax.com.

Ready to Explore our Tax Professional Solution?