Tag Archives: Form 2290

HERoes of the Highway

Do you remember when you were a child and someone would ask you what you wanted to be when you grew up?  The typical elementary school response was firefighter, police officer, teacher, doctor, pilot, or even astronaut cited by children.

For many of you reading this blog, perhaps you already knew you wanted to drive a truck or work in supply chain when you were older.  I’m guessing you were in the minority.  Most of the occupations children mentioned had high profiles and were considered more glamorous than working in the trucking industry.

Professional drivers have often been the “invisible” ones on the road.  When you do your job well and are operating in a safe and efficient manner, no one seems to notice you.  It’s only when a motorist thinks you are going too fast, too slow, or driving erratically when they seem to pay attention to the eighteen wheelers alongside them.

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Supporting Drivers During Tough Times

The trucking industry has long been a male-dominated environment, and although things are changing, it’s still predominantly men behind the wheel, in the corner office, and the shop.  As women are drawn to the industry, they are often unprepared to deal with some of the issues they may face, specifically when it comes to coping with diversity challenges.

Many of the women who are seeking tuition funding from the Women In Trucking Scholarship Foundation cite negative reasons for getting a CDL.  Often, they are survivors of domestic abuse, spousal harassment, or worse.  Yet, when we offer them a scholarship, education doesn’t include topics to include needed coping skills.

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IRS urges taxpayers to use electronic options; outlines online assistance

Today the IRS has urged people to use electronic services in a new release (Issue Number: IR-2020-68) and announced that is it closing the Taxpayer Assistance Centers and stop processing paper returns etc. The Internal Revenue Service reminds taxpayers and tax professionals to use electronic options to support social distancing and speed the processing of tax returns, refunds and payments.

Federal Excise Tax Filing can be made online at TaxExcise.com and we’re operational with limited resources remotely to support businesses that needs to support excise taxes online and for truck operators to report the Federal Vehicle Use Tax returns online. Connect to us at (866) 245 – 3918 or write to us at support@taxexcise.com.

TaxExcise.com

To protect the public and employees, and in compliance with orders of local health authorities around the country, certain IRS services such as live assistance on telephones, processing paper tax returns and responding to correspondence are extremely limited or suspended until further notice. All Taxpayer Assistance Centers remain temporarily closed as are many volunteer tax preparation sites until further notice. This will not affect the IRS’s ability to deliver Economic Impact Payments, which taxpayers will begin receiving next week. 

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Are you ready for 2290 eFile? Four best practices for maximizing your 2290 return acceptance by IRS in one go

Electronic filing is the fastest way to get your returns processed by the IRS. For many owner operators and trucking businesses, 2290 tax reporting is crucial and IRS watermarked Schedule 1 proof is required to register the vehicle with the state authorities and to renew their permits. You don’t want to wait the whole day at a taxpayer assistance center to report 2290 taxes? then move on and choose efile for convenient and comfortable filing.

Remember IRS is encouraging every trucker and 2290 tax filer to choose eFile for faster and accurate filing, and also to receive back the IRS watermarked schedule 1 proof in minutes. Those days are long gone. Today 50% of the 2290 tax filers choose electronic filing, where IRS mandates efile for carriers reporting 25 or more trucks in a return.

Pro rated taxes are also due now for heavy motor trucks that is first used in October 2019 for the first time on a public highway since July 2019. November 30 is the due date and start with eFiling at http://Tax2290.com. ordering online in October or earlier, and they keep spending until after those post-holiday sales are over. 



eFile allows you to spend time with your business fortune and we take care of your 2290 filing needs. There are four best practices to get ready and maximize the chance of obtaining IRS watermarked Schedule 1 proof in one go.

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Tax preparers can take classes online to earn CPE credits

Tax preparers who cannot attend the IRS Nationwide Tax Forums in person can do so online. They can visit  IRS Nationwide Tax Forums Online anytime to earn continuing education credits. The website offers courses based on recorded seminars from previous forums. The courses can be watched for free or purchased for continuing education credits.

To receive credits, preparers will need to create an account. The frequently asked questions on the website have details about how to do this. Once preparers have an account, they can take courses on a wide variety of topics to help them serve their individual and business clients.

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Why it’s important for taxpayers to know their filing status

When a taxpayer files their tax return, they need to know their filing status. What folks should remember is that a taxpayer’s status could change during the year. So, any time is a good a time for a taxpayer to learn about the different filing statuses and which one is best for them.

Knowing the correct filing status can help taxpayers determine several things about filing their tax return:

  • Is the taxpayer required to file a federal tax return or should they file to receive a refund?
  • What is their standard deduction amount?
  • Is the taxpayer eligibility for certain credits?
  • How much tax they should pay?
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Truckers should e-file highway use tax return by Sept. 3

IRS recently shared a release (Issue Number: IR-2019-138) covering the due date for reporting and paying the Federal Vehicle Use Tax form 2290. Yes, September 3rd is the due date this year (Tax Year 2019-20). the usual deadline is August 31 and it falls on a weekend, so the deadline is pushed to the next business day. Here it is from the IRS release…

WASHINGTON — The Internal Revenue Service today issued a reminder for owners of most heavy highway vehicles that the time to file Form 2290, Heavy Highway Vehicle Use Tax Return, began July 1, 2019.

The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more. This generally includes large trucks, truck tractors and buses. The tax is based on the weight of the vehicle and a variety of special rules apply. These special rules are explained in the instructions to Form 2290.

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RESOURCES FOR WOMEN IN TRUCKING

Came across an interesting article in Big G Express Inc. through WIT eNews for July 2017. Check out here. We want this to be posted immediately in our blog to spread it across to our users and followers. ThinkTrade Inc. is an allied partner support Women In Trucking Association by offering 20% flat discount to WIT members to eFile 2290 Heavy Vehicle Use Tax returns using code “2290WIT2019“. Infact we’re a tax software development company owned and managed by a women, we feel proud to support and part of WIT. Here we go right into that article…

Resource for Women in Trucking

Being a woman in trucking definitely has its challenges. This career is hard enough, but it’s also important that you’re equipped with the knowledge and tools you need to do your job well, to stay safe, and to get the support you need for a long and successful career. Big G makes safety a priority across the board – not only behind the wheel, but also by encouraging the women on the Big G team (and throughout the industry) to have the resources and skills to protect themselves wherever they are.

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Prepare yourself, your vehicle before highway trips in extreme heat

It’s summer and must-have items include fully charged cellphone, drinking water, umbrella… with merciless temperatures forecast over the coming days, be sure you and your vehicle are prepared before traveling on highways across the state highways. Motorists should always be ready for the possibility of becoming stranded, but that need is even more critical in extreme heat.

Summer driving tips

For you and your passengers: Have extra drinking water for everyone in the vehicle, including pets, an umbrella for shade and a fully charged cellphone. Pro tip: Take a cooler to keep extra drinking water cold, and consider adding several frozen bottles of water to use for cooling off or to thaw and drink if needed.

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Our Roads Our Safety

For those of us in the trucking industry, we are well aware that the four-wheeler causes most crashes involving a commercial truck.  It’s frustrating for all of us that student drivers to senior drivers are unaware of the blind spots, stopping distances and the massive weight of a tractor-trailer.

Every time the Federal Motor Carrier Safety Administration (FMCSA) creates (or changes) regulations that affect professional drivers, I hear complaints that they are the safe drivers and someone needs to educate the motoring public.  These drivers feel as if the rules should apply to all drivers and not just those in 18-wheelers.

What they don’t understand is that the FMCSA CANNOT regulate cars.  They were designed to regulate trucks and busses, and that’s why they have “Motor Carrier” in their name.  The states have more authority to regulate automobiles, but the only federal agency that creates rules to govern cars is the National Highway Transportation Safety Administration.


Form 2290 – Federal Vehicle Use Tax Return is now Due for 2019-20 Tax Year. Choose eFile at www.Tax2290.com and report it today!


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