Mark Harter has always loved trucks. As a teenager, he was intrigued by how trucks move aerodynamically, and he set up a wind tunnel in his parent’s garage. He entered the project in a science fair and won the Central Indiana Regional competition which took him all the way to the International Science and Engineering Fair in 1993.
When Mark turned 21, he earned his commercial driver’s license and began his career at a flatbed carrier. Later he delivered high-end cars for Horseless Carriage for many years. In fact, he has nearly one million accident-free miles behind the wheel of a tractor-trailer. Continue reading →
In the latest communication issued by the IRS (Issue Number: IR-2018-187), there is a relief for Hurricane Florence victims.
WASHINGTON — Hurricane Florence victims in parts of North Carolina and elsewhere have until Jan. 31, 2019, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today.
The IRS is offering this relief to any area designated by the Federal Emergency Management Agency (FEMA), as qualifying for individual assistance. Currently, this only includes parts of North Carolina, but taxpayers in localities added later to the disaster area, including those in other states, will automatically receive the same filing and payment relief. The current list of eligible localities is always available on the disaster relief page on IRS.gov. Continue reading →
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.
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 →