June 15 tax filing deadline approaches for taxpayers living and working abroad; Check withholding for 2018

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From IRS Issue ( Issue Number: IR-2018-135) about June 15 Deadline for those who were away/out of the country during the April 15th deadline. More information on the tax rules that apply to U.S. citizens and resident aliens living abroad can be found in Publication 54,

IRS reminds taxpayers who are living and working outside the United States that the deadline to file their 2017 federal income tax return is Friday, June 15. The special deadline is available to both U.S. citizens and resident aliens abroad, including those with dual citizenship. An extension of time is available for those who cannot meet the June 15 deadline.

The Internal Revenue Service today reminded taxpayers living and working out of the country that they must file their 2017 federal income tax return by Friday, June 15.

The special June 15 deadline is available to both U.S. citizens and resident aliens abroad, including those with dual citizenship. An extension of time is available for those who cannot meet it.

Some key points to keep in mind: Continue reading →

E-file Form 2290 with FLAT 10% OFF for IOS Users!

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An iPod, a phone, an internet mobile communicator… these are NOT three separate devices! And we are calling it iPhone! Today Apple is going to reinvent the phone. And here it is – Steve Jobs

Mobile Phones have become an Integral part of our day today lives. Right from phone calls to banking transactions our generation relies on mobile phones, it’s hard to find anyone without a mobile phone these days. For few professions it is close to impossible to operate without a mobile phone, one of the Most Important profession that needs a Mobile with Internet Connection every minute is trucking.

Mobile phone can be of many use for Truckers who are mostly on the Road, away from their family and friends. www.Tax2290.com / www.TaxExcise.com – Products of ThinkTrade Inc., Pioneers in E-filing Heavy Vehicle Use Tax Form 2290, has added one more important feature to your iPhone by launching a Mobile Application to E-file Form 2290 on the go. NOW you can Electronically File Your HVUT Form 2290 through your IOS Mobiles no need for a computer at all. Continue reading →

We’re Ready With 2290 Pre-Filing for 2018 – 2019 Tax Season

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That time of the year, we’re ready with the Prefiling 2290 option exclusively for you. We do have the discount offer this year as like previous years, exclusive offer can be availed using the code “PREFILE2018” before it’s validity (June 15th).

Why Pre-File 2290?

Pre-file 2290 is to prepare and report your HVUT taxes ahead of the schedule. The new tax season starts from July 1, 2018 through June 30, 2019; and all the 2290s falls due irrespective of your earlier filings. Instead of waiting till July to prepare your 2290s we go ahead of the schedule and open our website to file 2290 for the tax year 2018 – 19 in advance. Continue reading →

Should we promote same-gender training policies?

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Imagine you are a 24-year-old female who decides to become a professional driver. You attend a truck driving school during the day for three to six weeks. You proudly display your newly earned commercial driver’s license to the recruiter, who promises you a great job with new equipment and a friendly dispatcher.

You then learn that you need to go out on the road with a trainer, a 58-year-old man with whom you will be sharing the cab of a truck, including the bunk area, for the coming weeks. Regardless of his clean record, his paternal demeanor or his soft smile, the thought of sharing a small space with a stranger of the opposite sex could be terrifying. Continue reading →

IRS issues new Strategic Plan; five-year plan’s goal to help taxpayers

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From IRS Latest Issue ( Issue Number: IR-2018-123) referring to the new strategic plan to help taxpayers. Here it is…

WASHINGTON –– The Internal Revenue Service today released a new five-year Strategic Plan outlining goals to improve taxpayer service and tax administration.

The Fiscal Year 2018-2022 IRS Strategic Plan will serve as a roadmap to help guide the agency’s programs and operations. The plan will also help meet the changing needs of taxpayers and members of the tax community.

“Providing service to taxpayers is a vital part of the IRS mission, and the new Strategic Plan lays out a vision of ways to help improve our tax system,” said IRS Acting Commissioner David Kautter. “The plan is part of an ongoing effort by the IRS to work with the tax community and find ways to improve our work for taxpayers and for the nation.” Continue reading →

About Employer Identification Number (EIN) and apply for it

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An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, every businesses need an EIN to electronically report their taxes with the IRS. Employer Identification Numbers are issued for the purpose of tax administration and are not intended for participation in any other activities (e.g., tax lien auction or sales, lotteries, etc.). If you don’t have one for your business, apply for it today and allow upto 15 days to get one in your preferred name.

Check here: Do You Need an EIN?

Determine Your Eligibility

You may apply for an EIN online if your principal business is located in the United States or U.S. Territories.
The person applying online must have a valid Taxpayer Identification Number (SSN, ITIN, EIN).
You are limited to one EIN per responsible party per day.

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Can we just get along?

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I recently attended a conference for warehouse professionals. I was intrigued by one of the sessions titled, “Managing Carrier Friendly Warehouses” and decided to attend. The facilitator asked the audience how many were from the warehouse industry and how many were from the carrier side.

Apparently, I was the only person in the room interested in how these executives were working on becoming more “carrier friendly.” I was asked to give them some ideas on how they could better accommodate drivers.

My list included a nice lounge with fresh fruit and snacks, comfortable chairs to sit in and showers and rest rooms for both men and women. I suggested they include free wi-fi and make available a “courtesy car” if the driver wants to leave the facility while he or she is waiting for a load. Continue reading →

Annual exempt organization return: Due date is May 15

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Extension of Time to File Exempt Organization Returns

Use Form 8868, Application for Extension of Time To File an Exempt Organization Return, to request a 6-month automatic extension of time to file any of the following returns:

Form 990, Return of Organization Exempt from Income Tax
Form 990-BL, Information and Initial Excise Tax Return for Black Lung Benefit Trusts and
Certain Related Persons
Form 990-EZ, Short Form Return of Organization Exempt from Income Tax
Form 990-PF, Return of Private Foundation
Form 990-T, Unrelated Business Income Tax Return
Form 1041-A, U.S. Information Return – Trust Accumulation of Charitable Amounts
Form 4720, Return of Certain Excise Taxes on Charities and Other Persons under Chapter 41
and 42 of the Internal Revenue Code
Form 5227, Split Interest Trust Information Return
Form 6069, Return of Excise Tax on Excess Contributions to Black Lung Benefit Trust under
Section 4953 and Computation of Section 192 Deduction
Form 8870, Information Return for Transfers Associated with Certain Personal Benefit Contracts

An organization will only be allowed an extension of 6 months for a return for a tax year. Continue reading →

Just a week left to complete your Quarterly Federal Excise Tax Returns

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The Federal Excise Tax returns are reported at the end of a quarterly with the IRS through the Tax Form 720. This excise tax return is now due for the 1st Quarter of 2018, April 30th is the last date to report it. You could prepare and report it online through http://TaxExcise.com, the only website that supports electronic filing for all the federal excise tax returns.

Along with the Federal Excise Tax returns, IFTA Fuel Tax returns reports on your heavy motor vehicles for the 1st Quarter is also due in this April, 30. Prepare it online, print them to file it manually with your state authorities.

Why TaxExcise.com?

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IRS Provides Additional Day to File and Pay for Taxpayers Through Wednesday, April 18; IRS Processing Systems Back Online

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The Internal Revenue Service announced that it is providing taxpayers an additional day to file and pay their taxes following system issues that surfaced early on the April 17 tax deadline. Individuals and businesses with a filing or payment due date of April 17 will now have until midnight on Wednesday, April 18. Taxpayers do not need to do anything to receive this extra time.

The IRS encountered system issues Tuesday morning. Throughout the system outage, taxpayers were still able to file their tax returns electronically through their software providers and Free File. Taxpayers using paper to file and pay their taxes at the deadline were not affected by the system issue.

“This is the busiest tax day of the year, and the IRS apologizes for the inconvenience this system issue caused for taxpayers,” said Acting IRS Commissioner David Kautter. “The IRS appreciates everyone’s patience during this period. The extra time will help taxpayers affected by this situation.” Continue reading →