Tag Archives: tax2290.com

The IRS Authorized electronic filing service provider for Form 2290

With the tax season kicked off in July we started processing Form 2290 returns for Tax Period July 2020 through June 2021. August 31, 2020 is the due date this year and 2290 taxes has to be reported and paid for vehicles that is put to use in July 2020. Electronic filing can guarantee IRS watermarked Schedule 1 “Proof of Payment” instantly once it is made available by the IRS. We would suggest to file it little earlier to allow some time to work on your return if in case it gets rejected by the IRS. Even if you missed to add a vehicle or if you happen to report an amendment or VIN correction.

Efile 2290 is always rewarding for the truckers, owner operators and trucking companies to save on the 2290 tax preparation charges. Recordkeeping is great when you efile with us. For long time now IRS has stopped sending Printed Form 2290 to the truck taxpayers as a reminder. Tax2290.com has taken adequate effort to remind our users about the tax season and deadlines, even we roll out prefiling for early filers to make best use of it.

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IRS reminds truckers of Aug. 31 highway use tax return deadline, e-file encouraged

In the latest release from IRS highlighting to choose electronic filing to report and pay the Federal Vehicle Use Tax Form 2290. Tax2290.com guarantees easy, fast and safe filing; economic, affordable and transparent pricing; quality, experienced and live expert support to help you through with your 2290 efile. Tax2290.com is the most experienced and market leader since 2007.

The Internal Revenue Service reminded owners of most heavy highway vehicles of their responsibility to timely file Form 2290, Heavy Highway Vehicle Use Tax Return. 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. A variety of special rules apply. These special rules are explained in the instructions to Form 2290.

The deadline to file Form 2290 and pay the tax is Aug. 31, 2020, for vehicles used on the road during July.

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Form 2290 Tax Season and time for Truckers to report and pay

Truckers, owner operators and heavy haulers need to report vehicle use tax Form 2290 on vehicles put to use on public highways. IRS Form 2290 is used to report and pay Heavy Vehicle Use Tax, or HVUT. You must file Form 2290 with Schedule 1 annually if a taxable highway motor vehicle, in this case any heavy vehicle weighing 55,000 lbs or more, is registered in your name in the U.S., Canada, or Mexico.

The highway use tax (HVUT Form 2290) applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more. 2290 tax returns must be filed and tax payments must be paid by August. 31st for the heavy motor vehicles used on the road during July. The deadline generally applies to Form 2290 and the accompanying tax payment for the tax year that begins July 1, 2020, and ends June 30, 2021. For motor vehicles first used after July, the deadline is the last day of the month following the month of first use.

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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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2290 Electronic filing: WHAT, WHEN, WHERE, WHY…?

Tax 2290 is the federal vehicle use tax form reported across the states with the IRS in a year between July and June. The tax year starts from July 2020 to June 2021 and IRS watermarked Schedule 1 proof is the valid document to show that it is been paid for the listed vehicle. Here let us see what it is is, when it is reported, how it is paid and many.

WHAT:

The IRS tax form 2290 is used to prepare and report the highway heavy vehicle use taxes on motor vehicles with a taxable gross weight of 55,000 pounds or more.
Form 2290 and Schedule -1 could be prepared and reported electronically with the IRS, anyone who requires to file 2290s can use TaxExcise.com to file it electronically.
Electronic filing is safe, secured and fast; quickest way of filing 2290 returns with the IRS.

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IRS offers additional retail partners that accept cash payments for federal taxes

The Internal Revenue Service today announced additional retail partners are accepting cash payments for federal taxes. This cash payment option is for individual and business taxpayers.

The IRS’ continuing partnership with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company allows taxpayers to make a payment without a bank account or credit card at participating 7-Eleven stores, Ace Cash Express and Casey’s General Stores nationwide.

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IRS provides tax relief for the low-income housing credit and bonds for qualified residential rental projects

In response to the ongoing COVID-19 pandemic, the Internal Revenue Service on July 1, 2020 issued Notice 2020-53 (PDF) to provide tax relief to issuers, operators, owners, and tenants of qualified low-income housing projects or qualified residential rental projects financed with exempt facility bonds, and state agencies that have jurisdiction over these projects.

For certain time-sensitive actions scheduled to be performed and requirements to be met on or after April 1, 2020 and before December 31, 2020, owners and operators now have until December 31, 2020 to perform the actions and satisfy the requirements.

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Heavy Vehicle Use Tax Form 2290 Electronic Filing for Tax Year July 2020 – June 2021

This year 2020 turned to be unprecedented year for the trucking industry with COVID-19 pandemic spreading across the world, pulling all the strings back and worse then they where. Freight networks faced major disruptions as businesses temporarily closed and people stayed home to help contain the spread of the virus, bringing much of the economy to a standstill. Truckers and trucking kept rolling and transporting the essentials to combat COVID19. This time of the year the Federal Vehicle Use Tax also falls due for renewal and IRS is already gearing up for it. We’re an IRS authorized provider and got the alert to set up 2290 filing for the new tax year 2020 – 2021.

The IRS Tax Form 2290 is to report the federal heavy highway vehicle use taxes, that can be prepared online using Tax2290.com by yourself in 3 simple steps. The most experienced and top rated IRS Authorized E-file service provider (since 2007), is all set and now accepting 2290 returns from our users who has asked for it. You asked and we made it…

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IRS extends July 15, other upcoming deadlines for tornado victims in parts of the South; Provides other relief

Victims of the April tornadoes, severe storms and flooding that took place in parts of Mississippi, Tennessee and South Carolina will have until Oct. 15, 2020, to file various individual and business tax returns and make 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 includes Clarke, Covington, Grenada, Jasper, Jefferson Davis, Jones, Lawrence, Panola and Walthall counties in Mississippi, Bradley and Hamilton counties in Tennessee and Aiken, Barnwell, Berkeley, Colleton, Hampton, Marlboro, Oconee, Orangeburg and Pickens counties in South Carolina.

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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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