Tag Archives: Tax Preparation

IRS Videos help taxpayers learn more about tax reform

The IRS has several videos that can help individual and business taxpayers learn more about the tax reform legislation. The IRS posts these videos on the IRS Video Portal and to their YouTube channel. Aside from these sites, the IRS offers tax reform information on its other social media channels, such as Twitter and their new Instagram account. Taxpayers can visit the Multimedia Center on IRS.gov for links to all the agency’s social media sites.

Here are some of the tax reform videos taxpayers can watch on their computer or on their smartphone when they’re on the go. 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

Tax Time Tips from the IRS

Tax Time! IRS has issued a Tax Tip (Issue Number: Tax Tip 2018-56), here it is…

The tax filing deadline is Tuesday, April 17 this year. This is because April 15 falls on a weekend and the following Monday is a holiday in the District of Columbia. Even with an extra two days, the IRS urges taxpayers to avoid waiting until the last minute to file their taxes.

For those who have yet to file, the IRS has five quick ideas to help:

1. Gather Records. Good recordkeeping is important. It helps to ensure that nothing gets overlooked. Records such as receipts and cancelled checks also provide expense documentation.

2. Use IRS Online Tools. The IRS has many useful online tools, including the Interactive Tax Assistant, which provides answers to many tax questions. It gives the same answers that an IRS representative would give over the phone. Continue reading

You can influence the regulations that affect you!

Compliance, Rules, Regulations and GuidelinesImagine you wake up at 3 am. to a fire alarm in your hotel room on the 15th floor. The announcement from the loudspeaker instructs everyone to exit the building immediately, without using the elevator. What do you do?

This recently happened to me, and after trudging down the flights of stairs and being guided to a parking lot across the street, I was not in a good mood. At least I had pulled on my jeans and grabbed a jacket, as some people were still in their pajamas and were shivering in the chilly morning air.

As you can imagine, we were all relieved, but irritated to learn it was a false alarm. The waiting line for the (very slow) elevators was long, so I decided to walk back up the stairs to my room.  Later, I asked a companion how  many stairs he had to maneuver and he told me he had just gotten into the shower and decided to take a chance that there was no fire and it was only a false alarm. Continue reading