Category Archives: Proffers

Proffers

Taxpayers who can’t pay their taxes should still file on time

With the April tax filing due date just a few days away, taxpayers should remember to both file and pay any taxes they owe by the deadline. Taxpayers who do not file and pay timely will see their tax debt grow. In fact, penalties and interest can cause a taxpayer’s debt to grow by more than thirty percent in just a few months.

Here are some tips for taxpayers who owe tax, but who can’t immediately pay their tax bill. Taxpayers should:

  • File their tax return or request an extension of time to file by the April deadline.
    Taxpayers who owe tax and do not file their return on time or request an extension may face a failure-to-file penalty for not filing on time.
  • Pay as much as possible by the April due date.
    Whether they are filing a return or requesting an extension, taxpayers must pay their bill in full by the April filing deadline. Taxpayers who do not pay their taxes on time will face a failure-to-pay penalty. Taxpayers should remember that an extension of time to file is not an extension of time to pay.
  • Set up a payment plan as soon as possible.
    Taxpayers who owe, but cannot pay in full by the deadline don’t have to wait for a tax bill to request a payment plan. Taxpayers can apply for a payment plan on IRS.gov. Taxpayers can also submit a payment plan request in writing using Form 9465, Installment Agreement Request.

e-File Business and Individual Extension Tax Forms online

Form 7004 and Form 4868 are due this April 15th, File a Tax Extension and Push you Deadline to October 15th

Extension of Time to report

Before visiting an IRS office, taxpayers should call to make an appointment

Before visiting an IRS Taxpayer Assistance Center for in-person help with their tax issues, a taxpayer needs to call 844-545-5640 to schedule an appointment. All TACs provide service by appointment. The Contact Your Local Office tool on IRS.gov helps taxpayers find the closest IRS TAC, the days and hours of operation and a list of services provided.

Once they make an appointment , taxpayers will receive an automated email to the address they provide. The email will confirm the day and time of their appointment. Taxpayers should consider the self-service options on IRS.govbefore calling for an appointment. Taxpayers can resolve many questions  online without taxpayers having to travel to a Tax Assistance Center. Continue reading

IFTA Taxes are now Due for 4th Quarter of 2018

The 4th Quarter 2018, IFTA Fuel Use Tax falls due now and time to report it with the state authorities. The IFTA license offers several benefits to the interstate/inter-jurisdictional motor carrier. These benefits include one license, one set of decals, one quarterly fuel tax report that reflects the net tax or refund due. These advantages result in cost and time savings for the carrier and the member jurisdictions.

Prepare your State IFTA Fuel Use Tax returns in 3 simple steps, take a print out of it and file it today!. The accurate and fastest website to prepare the IFTA Fuel Use Tax returns online.

Support available all the way to walk-you through the tax preparation process… talk to us at 866 – 245 – 3918 or write to us at support@taxexcise.com. Happy Trucking!


IFTA Q4 Deadline

IRS confirms tax filing season to begin January 28

New Year’s is the perfect occasion to celebrate Love, friendships and all the good things in life. Let’s take the time to appreciate what Year-2018 has given us and what the new year 2019 is about to bring! A new year means new beginnings, new hope and time to work with the tax return preparation and reporting. We at ThinkTrade, Inc along with TaxExcise, ExtensionTax and Tax2290 wishing you and your family and friends a Happy New Beginning for 2019.

Here is the latest update from IRS about the filing season that is been confirm to start from Jan. 28th. However the IRS will begin accepting all business tax returns at 9 a.m. Eastern on January 8, 2019 which would include Federal Excise Tax Forms 2290, 8849 and 720. Infact the Federal Excise Taxes for 2018 4th Quarter is now due and Jan. 31 is the deadline, try reporting it online in an effortless and simplified website, TaxExcise.com Continue reading

ThinkTrade Inc., Wishes everyone a Happy Veterans day!

Happy Veterans Day

Triumph is only for those who are not afraid and never quits!

Our veterans accepted the responsibility to defend America and uphold our values when duty called, so true without their services & Sacrifices we would have not been enjoying the freedom that we have today. On this Veterans Day, let us remember the service of our veterans, and let us renew our national promise to fulfill our sacred obligations to our veterans and their families who have sacrificed so much so that we can live free. Continue reading

Report your 2290 HVUT returns as early as possible to cut down your charges

The Federal Vehicle Use Tax Form 2290 for the tax period 2018-19 is due on August 31 for vehicles put to use on highway from July 2018. For most truckers August 31 is the deadline to report 2290 and renew their IRS Stamped Schedule1 proof. However if you have missed your filing deadline you can still report it online at TaxExcise.com and Tax2290.com. Prorate 2290 taxes for vehicles used after August 2018 and file it online (e-file) to receive your IRS watermarked Schedule-1 proof in minutes.

fast faster and fastest 2290

2290 Late Filing Charges

Late filing means you will end up paying more as late filing charges, penalty of 4.5% of the total amount of HVUT you owe for not on time, monthly fee of 0.5% for the period you missed to pay 2290 tax dues with additional interest charge of .54%. You now can make use of your credit card / debit card payment option to pay 2290 dues and pull yourself off from these extra charges… Continue reading

Last few days to renew 2290s and receive IRS watermarked Schedule-1 proof

Truckers hope you’re aware of the fast approaching HVUT Form 2290 Deadline. Yes, August 31 is the last day and IRS anticipate to get a huge volume of 2290 returns this week. Act fast and report your 2290 truck tax returns well in advance and get it done before you got up into this virtual traffic.

AUGUST 31 – DEADLINE REMINDER FOR IRS TAX FORM 2290

Filing taxes online is generally safer, faster, and easier ― and you will get your IRS watermarked (stamped) Schedule-1 proof with IRS e-File Logo and the date on it much sooner (according to IRS you may receive yours in 10 minutes) and you could choose to pay 2290 taxes through Direct Debit (EFW) from your US bank account. You also have the option of paying taxes with your Credit / Debit Card from this year onwards.  Continue reading

Time to try electronic filing to report Vehicle Use Tax Form 2290 returns online

The renewal period for HVUT Form 2290 is typically from July 1 to August 31 each year. Normally this 2290 tax is reported between July 1 to August 31, filing after that would get penalties and late filing charges.

Form 2290 must be filed for the month the taxable vehicle is first used on public highways during the tax period. The current period begins July 1, and ends June 30, as stated above. Form 2290 must be filed by the last day of the month following the month of first use. Note. If any due date falls on a Saturday, Sunday, or legal holiday, file by the next business day. If you first use multiple vehicles in more than one month, then a separate Form 2290 must be filed for each month by adding the VIN# of each reporting vehicle. The filing rules apply whether you are paying the tax or reporting suspension of the tax. Continue reading

Tax Form 2290 reporting for the tax year 2018 and TaxExcise Support

Here we go truckers, The Internal Revenue Service is reminding truckers and other owners of heavy highway motor vehicles that in most cases, their federal heavy highway use tax return reported on Form 2290 is due on Thursday, August 31, 2017. Choose electronic filing for faster processing and secured filing.

Form 2290 Electronic Filing

Tax Form 2290 can be electronically prepared and reported through TaxExcise.com. It is always easy, safe and quick when you choose to file 2290 returns electronically, IRS as well will receive your returns process it faster and issues you back the stamped Schedule-1 after accepting it. Electronic filing eliminated possible human errors, does automatic math and transmits your return directly to the IRS. The fastest way of filing your 2290 truck tax returns is only when you e-file with TaxExcise.com and Tax2290.com. 

fast faster and fastest 2290 efile

Continue reading

Instant Call Support for 2290 efiling even during weekends

Here we go truckers, The Internal Revenue Service is reminding truckers and other owners of heavy highway motor vehicles that in most cases, their federal heavy highway use tax return reported on Form 2290 is due on Thursday, August 31, 2017. Choose electronic filing for faster processing and secured filing.

We’re working during the weekends till August to extend our support to efile your 2290 returns, without any delay. As like every year August 31 is the due date and there won’t be any extension further, this year August 31 is the deadline. This generally applies to Form 2290 and the accompanying tax payment for the tax year that begins on July 1, and ends on June 30. Returns must be filed and tax payments made by August 31 for vehicles used on the road during July. For vehicles first used after July, the deadline is the last day of the month following the month of first use.

If you have missed out your 2290 reporting for the previous years (2017-18 Tax Period or 2016-17 Tax Period) you can still report it online here at TaxExcise.com. Talk to us today and have all your 2290 related questions answered.

Truck Tax Form 2290