Tag: express truck tax

Top 10 Reasons Why You Should E-file your Form 2290 With ExpressTruckTax

ExpressTruckTax offers online filing for truckers who have vehicles with a gross weight of 55,000 pounds or more. E-Filing with us has many great benefits! Here’s how ExpressTruckTax will help you!

1. The ExpressGuarantee: We guarantee that your Form2290 will be accepted by the IRS and you will receive your stamped Schedule 1, or your money back! We even allow you to retransmit returns and correct your VIN for free.

2. Instant Error Check: Before you transmit your Form 2290, the system will look for any errors that may cause the IRS to reject your return.

3. One-Stop Shop: ExpressTruckTax is here to help with all of your Form 2290 needs! Our copy feature allows you to copy your last return with a single click. You can also auto generate a Form 8849 if you are in need of one!

4. Never Miss A Deadline: It’s easy to forget deadlines, but ExpressTruckTax sends important deadline reminders. This feature helps our clients avoid facing hefty late fees and additional penalties.

5. Quick And Easy: Most of our clients receive their Stamped Schedule 1 within minutes. This eliminates the hassle of waiting weeks for a paper filing to be processed.

6. Short Wait Time: Avoid long lines and waiting for help on the phone. When you e-file, you can avoid having to listen to hold music.

7. Paper-Free: With ExpressTruckTax you can ditch paper records! The guided Form 2290 online filing process makes ExpressTruckTax the easiest way to file.

8. Multiple Ways To Pay: You can now pay your HVUT taxes to the IRS using EFTPS, EFW, Credit/Debit Card and, Check or Money Order.

9. Client Support: Although the process of filing is quick and easy, the ExpressTruckTax support team is available to answer any questions you may have regarding your Form 2290 via chat, phone, or email.

10. Top-Notch Security: Filing with ExpressTruckTax is a secure process. Your information will be protected by the latest data encryption. As an IRS-Authorized e-filing provider you can trust that your information is secure at all times.

TIP: Take the time to have the following information on hand to make filing as quick and easy as possible.

  • Business name & address
  • EIN (Employer Identification Number)
  • VIN (Vehicle Identification Number)
  • Gross Taxable Weight 
  • Authorized Signatory Details 

Full-Service 2290 Filing

You can also file your Form 2290 with ExpressTruckTax’s sister company, ExpressTruckTax Plus (ExpressTruckTax Plus). They will file for you over the phone! Just give them the relevant information and they’ll take care of the rest!

Trucker Lifestyle: How To Travel With a Pet

Not all companies allow pets, but luckily, some allow truckers bring their furry friends.

Much like an apartment complex, these trucking companies often require a pet deposit, which can range anywhere from $100-$500. Their policies may also restrict the weight of your pet.

No matter how tempted you are to take your pet on the road, don’t ever just assume that your trucking company or customers are okay with it.

Make sure you know a site’s policy before you arrive.

Military bases, electric plants, and anywhere with hazardous materials and high security will NOT allow you to bring a pet on-site.

Truck drivers who bring pets along say they enjoy having company on the road. Sometimes it’s nice to have someone to keep up with trucking news and listen to trucker radio shows with.

Considering adding a pet to your trucker lifestyle? Here are some things to consider, and a list of the best dogs for truckers.

 

Introducing a Pet to the Trucker Lifestyle

Benefits of Traveling with a Pet

Most truck drivers who bring their pets will tell you that the benefits of trucking with a pet greatly outweigh the disadvantages.

Pets can help truck drivers combat loneliness and overcome negative aspects of the trucking lifestyle.

For instance, bringing a dog forces truck drivers to get out and go for walks, helping maintain wellness on the road and increasing energy and attention while driving.

Dogs may also motivate you to take more breaks, which is especially important for summer trucking.

Plus, animals are more alert to certain situations, and offer a level of protection on the road.
 

How to Travel with a Pet

If you choose to bring a pet, keep current shot/medical records with you in case of an inspection.

Also, consider bringing baby wipes to clean your pet and eliminate smell when you aren’t able to give your pet a bath.

Pack puppy pads for emergencies, pet food, and treats.

Most truckers who bring pets trucking have dogs. The best dogs for truckers are older dogs because they are calmer and able to stay still for longer periods of time. Puppies have too much energy and need to be let out much more often.

If you’re looking for an older dog companion, check out your local Humane Society or animal shelter.

In terms of breed, some of the best dogs for truckers include:

1. Toy Breeds

Toy breeds, like chihuahuas, require little grooming. Plus, they’re so small that truck stops and motels probably won’t care if they’re around.
 

2. Bulldogs

Bulldogs don’t shed much and are also low maintenance. They don’t require much exercise and like to lounge around all day.
 

3. Pitbulls

Pitbulls are great companions. They’re considered one of the best dogs for truckers because they can offer safety and protection. They’re pretty active though, so you’ll have to get outside with them a couple times a day.

Keeping up with Policy

Again, it’s important to know the rules, stay updated with the latest trucking news regarding pets, and understand that each company is different.

While we’re on the topic of staying compliant with trucking policies, let’s talk about staying compliant with the IRS.

Your 4th Quarter IFTA Deadline is Coming Up!

You need to generate and file your 4th quarter IFTA return by January 31! All your fuel and mileage data from October 1 – December 31 need to on that report.

Thankfully, there’s an easy way to enter your information and calculate what you owe with ExpressIFTA!

Their solution is the quickest and most efficient solution. Generate your IFTA report today!

Merry Christmas from the ExpressTruckTax Family!

Merry Christmas from the ExpressTruckTax family! No matter where you’re truckin’ this holiday season, we hope you and your family have a safe and very Merry Christmas!

We we want to thank you for being the real Santa’s of the world, delivering our gifts and our feasts! Wherever you go, we hope you have safe travels, lovely weather, and a wonderful holiday!

To give our customer support team time with family, our offices will be closed Thursday 12/24 & Friday 12/25, but we will still be providing emergency email support Thursday through Sunday. Just shoot us a message at support@expresstrucktax.com, and someone will get back to you before you can remember the names of Santa’s Eight Reindeer.

And don’t forget that the IRS MeF (Modernized E-File System) will be closing for maintenance from this Friday, December 26th at 1:30 pm EST until mid-January. During the shutdown, you will still be able to E-file your Form 2290 with ExpressTruckTax, but your returns will be held in our system until the IRS site reopens.

To learn more about how the shutdown could affect you, check out our last blog about it.

Need help with HVUT or UCR? 

If the holiday chaos is making it impossible to get all of your work done, call our friends over at ExpressTruckTax Plus. As a premier processing agency, they can file your HVUT and UCR for you, and fast too! Just call 877.520.8640 or email ettplus@expresstrucktax.com.

If Your First Use Month Was October, File Your Form 2290 Today

If you started using a vehicle in October 2020, you need to file your Form 2290 before November 30, 2020!

If you do not file before November 30, you will face penalties and interest from the IRS. You will immediately be hit with a penalty with equal to 4.5% of your owed tax amount.

How to Determine your First Use Month (FUM)

Your Form 2290 First Used Month is the first month that you start using your truck during a particular tax year. Your HVUT is always due at the end of the month following your FUM. 

So if you started using a truck in October 2020, your Form 2290 return will be due at the end of November. The Form 2290 tax year runs from July 1 – June 30 of each year.

How to file your 2290 on time

The easiest way to complete your Form 2290 by the deadline is to e-file with ExpressTruckTax

All you have to do is enter your business information and answer some questions about your truck. You’ll need your FUM, your weight category, and a way to make your IRS payment.

The whole process takes less than 5 minutes and you’ll get your stamped Schedule 1 back in a matter of minutes.

Everything You Need to Know About Form 2290 Taxable Vehicles

Every commercial motor vehicle with a taxable gross weight of 55,000 pounds or more must file a Form 2290 every year.

However, while everyone must file a Form 2290, not everyone must pay the Heavy Vehicle Use Tax (HVUT).

Some vehicles are Form 2290 tax-exempt and do not need to pay taxes to the IRS.

Taxable Vehicles

Most commercial motor vehicles will be subject to HVUT. Every vehicle that has a taxable gross weight of 55,000 pounds or more and drives more than 5,000 miles (7,500 for agricultural vehicles) must file Form 2290 and pay heavy vehicles use taxes.

The taxable gross weight of your vehicle is a sum of the following:

1. The actual unloaded weight of a fully equipped vehicle.

2. The actual unloaded weight of any trailers or semi-trailers that is fully equipped and is generally used in combination with the vehicle. 

3. The weight of the maximum load usually carried on the vehicle and the trailers or semi-trailers. 

HVUT Exempt Vehicles

Low mileage

If you do not drive a vehicle more than 5,000 miles in a tax year, that vehicle is considered tax-exempt! You will need to file a Form 2290 to stay up-to-date with the IRS, but you will not need to pay HVUT.

Agricultural

An agricultural vehicle is defined as a vehicle used exclusively for farming purposes and registered as a highway motor vehicle that is used for farming purposes. 

Agricultural vehicles will also be tax-exempt if they are driven less than 7,500 miles on public roads.

File your Form 2290 today

If you have a commercial motor vehicle you will need to file a Form 2290! There’s no easier way to file than with ExpressTruckTax! The e-filing process is easy to understand and only takes a few minutes.

How do you correct an IRS Form 2290 that has been rejected?

Form 2290 rejection can happen to anyone.

The IRS typically rejects returns for one of three reasons:

  1. The Business Name entered does not match with the EIN listed in the IRS database.
  2. The Bank Routing Number entered in the Electronic Funds Withdrawal (EFW) payment option to pay your HVUT is invalid.
  3. The return is a duplicate of a previously accepted return. Typically, this is because either the EIN or VIN is incorrect.

For more information about these reasons for rejections, click here. But once your return is rejected, what do you do?

How to correct and IRS Form 2290

When you file with ExpressTruckTax, we will notify you as soon as your return is rejected or accepted. If it is rejected, we will also tell you why it was rejected and how to fix it. Retransmitting rejected returns is always free.

Plus, with our ExpressGuarantee, our US-based customer support team will do everything they can to get your return accepted, or your money back. (Learn more about our ExpressGuarantee.)

If your 2290 was rejected because the business information was incorrect, simply log into your ExpressTruckTax account and edit your business details.

If your 2290 was rejected for either of the other reasons, simply click on the return that was rejected in your ExpressTruckTax account. Click on “Fix Errors & Resubmit”. The system will ask you a few questions to help you correct the error. Depending on the issue, you will be taken to the section that needs updating. 

Correct your 2290 now

It only takes a few minutes to correct and retransmit your rejected Form 2290! 

Plus our US-based customer support team is here to help get your 2290 accepted! You can give them a call at (704) 234-6005, between 9am and 6pm EST, Monday through Friday.

We’re Back With More Exciting ExpressStats From August 2020!

Our second edition of ExpressStats just dropped!

Head on over to https://www.expresstrucktax.com/express-stats/ to see a snapshot of trucking data from our clients during the busiest Form 2290 month of the year!

ExpressStats is a composite of trends among our clients (it includes no personal information). You’ll find great aggregated information about the most popular truck brand, biggest trucking city and state, and much much more!

We know this will be a valuable resource to help you stay engaged and informed about current trends in the trucking industry.

To download the August 2020 ExpressStats: Trends Among American Truckers, click here. Simply enter your contact information and we will email you ExpressStats!

The 2290 Deadline Has Passed! How To File Your Return Now

The Form 2290 deadline was August 31!

We understand that life happens and sometimes deadlines slip by. It’s OK, there are still ways to file. 

Unfortunately, late filing does mean that the IRS will tack on penalties and possibly even interest. So it’s best to not wait any longer.

How to file Form 2290 after the deadline

With ExpressTruckTax, filing Form 2290 is quick and simple. You can get back on the road in less than 5 minutes. Simply log in to your ExpressTruckTax account and file for the 2020-21 tax year!

If you have filed with us before and you are filing for the same truck, you can use our Ready Return feature to auto-populate your return! ExpressTruckTax will pull the information from your last return and use it to fill out your return for you. All you have to do is pay the filing fee!

Even if you have not filed with us before, you can still file Form 2290 in less than 5 minutes. All you have to do is enter your business information, vehicle information, and choose how you will pay your HVUT. 

We offer an interview-style filing process with step-by-step instructions, US-based customer support, and free VIN corrections to make things easier for you.

Plus, with our ExpressGuarantee, we guarantee that your Form 2290 will be accepted by the IRS and you will receive your stamped Schedule 1 or your money back! We will help you correct any IRS errors.

This Is It! The Form 2290 Deadline Is Here!

The 2020 Form 2290 deadline is today! There’s no more time to procrastinate.  Failing to file by midnight will mean serious IRS HVUT penalties and could even mean the suspension of your IRP registration.

If you fail to file, an additional 4.5% of your owed tax amount will be tacked on. And since an up-to-date stamped Schedule 1 is required for IRP registration, your IRP could be suspended if you wait too long.

Meet your 2290 Deadline with ExpressTruckTax

We make it possible for truckers to file Form 2290 on time. With ExpressTruckTax, you can file anytime and anywhere.

It takes less than 5 minutes to file with us, and we provide step-by-step instructions along the way.

Our returns are usually accepted by the IRS within minutes, meaning you will get the stamped Schedule 1 almost in minutes. By comparison, paper filing can take weeks.

And, with our ExpressGuarantee, you can be sure your 2290 will be accepted by the IRS, or we will refund your filing fee. Our US-based customer support team will also do everything they can to fix any errors you might have. 

They are working extended hours until midnight tonight, so you can be sure to get your 2290 filed correctly. Call 803.234.6005 to have your questions answered in English or Spanish.

Pricing starts at just $9.90 for a single truck.

Form 2290: Last Minute Filing Guide

Don’t miss the deadline. File now!

How To Avoid Form 2290 Penalties?

There is one big secret to avoiding IRS HVUT penalties on your Form 2290: filing on time. 

The 2020 Form 2290 is August 31, 2020. You need to file before midnight on August 31st to avoid 2290 penalties

What are the 2290 penalties?

If you miss the deadline, you will incur a penalty equal to 4.5% of the total tax amount you would have owed. Plus, for each additional month, you are late, you will incur another .5% in interest.

That might not sound like much, but don’t forget, failing to have a current stamped Schedule 1 will impact your other licenses. You need a current stamped Schedule 1 to stay up-to-date on most licenses. If you don’t file Form 2290, you could end up being grounded. And if you can’t drive, you can’t make money.

Access our helpful resource to know more about HVUT 2290 penalties.

Here are some Frequently Asked Questions about 2290 Penalties.

File Form 2290 today with ExpressTruckTax in Minutes

Filing with ExpressTruckTax is simple and secure and you can do file from anywhere! Our software is cloud-based and fully compatible with mobile devices.

Plus, if you have filed with us before, our Ready Return feature makes it possible for you to copy the details from a previous return with a single click. 

All your saved business and vehicle information will auto-populate your Form 2290 for 2020 automatically. All you have to do is update your IRS payment information and transmit your return to the IRS. 

And with our ExpressGuarantee, you will receive your stamped Schedule 1 or your money back!

Get Started Now with ExpressTruckTax