Tag Archives: heavy vehicle use tax form 2290

Women In Trucking Association to offer LeadHER Trucking mentor program

Oprah Winfrey once said, “A mentor is someone who allows you to see the hope inside yourself.”  We know that mentors are important to each of us in advancing our careers and finding the hope inside ourselves.  The Women In Trucking Association (WIT) is offering a program focused on matching female drivers who are new to the industry, with women who have been behind the wheel for years.

In an effort to understand the needs of female commercial drivers WIT partnered with Sawgrass Logistics to conduct research identifying their challenges.  One of the questions involved their driver training and whether they were offered a mentor or not.  Unfortunately, 84 percent said they had not been given the option to work with a mentor.  Those drivers who were provided with a mentor reported that twelve percent were matched with a male mentor and only three percent were given a female mentor.

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August 31 is the deadline and just 9 days to go, efile Form 2290 today.

Tax2290.com is the fastest and easiest website to efile 2290 HVUT returns with the IR, the best way to Receive the Schedule 1 proof copy instantly. 

The Form 2290 to report and pay the Federal Heavy Highway Vehicle Use Tax returns with the IRS for the Tax Filing Period July 2021 through June 2022 is now due for renewal. It’s trucker tax season again. Taxpayers who register, or are required to register, large trucks and buses should get ready to file Tax Year 2021 Form 2290, Heavy Highway Vehicle Use Tax Return.

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The first step of good tax planning is good recordkeeping

records keeping

Year-round tax planning is for everyone. An important part of that is recordkeeping. Gathering tax documents throughout the year and having an organized recordkeeping system can make it easier when it comes to filing a tax return or understanding a letter from the IRS.

Good records help:

Identify sources of income. Taxpayers may receive money or property from a variety of sources. The records can identify the sources of income and help separate business from nonbusiness income and taxable from nontaxable income.

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IRS Notice Information & Upcoming August 31 HVUT Form 2290 Deadline

Mistakes are a part of life, we take action and we learn from them. Most mistakes made on tax returns are due to trial or human error and can be easily corrected by filing amendments. There are however few instances where certain errors might go unnoticed and the IRS will send you a notice by mail to keep you informed. The notice or letter will explain the reason for the contact and brief you with detailed instructions on how to have this resolved.

There are many reasons why the IRS may send a letter or notice. It typically is about a specific issue on your federal tax return or tax account. The IRS generally sends notices and letters based on the following grounds:

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Deadline to file and pay heavy highway vehicle use tax is Aug. 31

The deadline to file and pay heavy highway vehicle use tax is Monday, August 31. All taxpayers who file Form 2290 are encouraged to do so electronically. Those with 25 or more taxed vehicles must e-file. All the information needed to file is on the Trucking Tax Center.

Taxpayers who e-file can get a stamped Schedule 1 within minutes after the IRS accepts the form. Due to COVID-19, those who choose to file on paper can expect a significant delay in receiving their IRS stamped Schedule 1.


Tax2290 eFile with 2020

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Three Tax Forms Supported by ThinkTrade Inc. that are DUE NOW!

“I hate paying taxes. But I love the civilization they give me” – Oliver Wendell Holmes Sr

 Taxes are part and parcel of our lives. Though you have notes on your calendars about upcoming Tax Due dates, as THE ONLY DECADE OLD AND THE FIRST EVER IRS AUTHORIZED E-FILE Service Provider for E-filing Heavy Vehicle Use Tax Form 2290 (HVUT) It becomes Our responsibility to remind every honest Excise tax payer about the Three Deadline that are DUE NOW Continue reading

Form 2290, Form 720 & IFTA all Three Taxes are Due NOW!

Those who are wise won’t be busy, and those who are too busy can’t be wise.  ― Lin Yutang

Well no matter how wise you are, if you are an Excise Tax Payer You are damn busy this month. That is simply because of the fact that it’s not 1 or 2 but Three Taxes are DUE as of now. The only E-file Service Provider who can cover you up for all the Three Taxes is www.Tax2290.com / www.TaxExcise.com – Products of Think Trade Inc.

The List of Taxes that are due: Continue reading

Form 720, Quarterly Excise Tax Return for 4th Quarter of 2017 is due NOW!

Form 720 is a quarterly excise tax return that some; businesses must file with the Internal Revenue Service. According to the IRS, “Excise taxes are taxes paid when purchases are made on a specific goods, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks.” If you accrue excise taxes in the course of doing business, you should know the rules on filing 720 taxes.

Who Must File

If, as a business entity, you were liable for any of the federal excise taxes listed by the IRS on Form 720, Parts I and II, you must file the form. The excise taxes included in Part I are such items as petroleum spill taxes and ozone-depleting chemical tax; communications and air transportation taxes; fuel taxes for diesel, kerosene, gasoline, and other gases; coal and tire manufacturing taxes.

In Part II, the IRS enumerates such excise taxes as those related to the sales of sport fishing and archery, inland waterways fuel use taxes and Bio-fuel sold, but not used as fuel. Continue reading

Time to Prepare and File your 2017 4th Quarter IFTA!

 

The deadline to file your 2017’s 4th Quarter IFTA Return is January 31, 2018. A Quarterly IFTA Tax Return must be filed even if the licensee does not operate or purchase any taxable fuel in an IFTA member jurisdiction during the quarter.

 

What you need:

  1. Mileage log-whether you use manual trip sheets, GPS, or electronic trip sheets; it is not only necessary to have in order to file your quarterly IFTA return, but you will need these if you are even audited.
  2. Fuel Receipts-you will need to know how many gallons of fuel were purchased in each state.

 

Options to prepare and file your return:

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2017’s Taxes that are due by January 2018!

www.Taxexcise.com / www.Tax2290.com – a product of Think Trade Inc wishes you all a very Happy New Year. A fresh new year is once again upon us. It’s the time to be thankful for the blessings of the past year and to take stock of all our achievements. At the same time, New Year 2017 is a brand new year to start afresh, to start strong, and yet another chance to do everything we want to do this year.

Hope you all had a great holiday season; it’s now time to get back to business & take care of the last obligations of 2017. Though Fiscal year 2017 has ended there are few Taxes of 2017 that are due this month i.e. January 2018. Below are the list of Tax Forms that are due by January 2018 & those are supported by www.Taxexcise.com / www.Tax2290.com – a Product of Think trade Inc. Continue reading