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IRS extends upcoming deadlines, provides tax relief for victims of Hurricane Florence

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[...]

Report your 2290 HVUT returns as early as possible to cut down your charges

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[...]

Women In Trucking’s SiriusXM show on Road Dog Channel 146

Before satellite radio became a reality in 1990, professional drivers and anyone who traversed the country had to either listen to their cassettes (or eight tracks!) or they would be forced to change channels as the moved across the nation. Satellite radio allowed the listener to maintain one channel for hours without losing a signal. Sirius Satellite radio originated in Washington DC and was launched in 2001, just following the debut of XM radio in 2001. In the early years, subscribers had to choose between Sirius and XM. Most drivers seemed to prefer the trucking-related content of XM which[...]

Last few days to renew 2290s and receive IRS watermarked Schedule-1 proof

Truckers hope you’re aware of the fast approaching HVUT Form 2290 Deadline. Yes, August 31 is the last day and IRS anticipate to get a huge volume of 2290 returns this week. Act fast and report your 2290 truck tax returns well in advance and get it done before you got up into this virtual traffic. AUGUST 31 – DEADLINE REMINDER FOR IRS TAX FORM 2290 Filing taxes online is generally safer, faster, and easier ― and you will get your IRS watermarked (stamped) Schedule-1 proof with IRS e-File Logo and the date on it much sooner (according to IRS you may receive yours in 10 minutes) and you could[...]

Taxpayers filing Form 2290: What’s new this year; file in three simple steps

According to the latest release from IRS. highlighted What’s new? section in Form 2290 reporting and the best ways to pay the tax 2290 dues online. Check out here… Anyone who has registered or is required to register a heavy highway motor vehicle must file Form 2290, Heavy Highway Vehicle Use Tax Return . This applies to vehicles with a gross weight of 55,000 pounds or more. The deadline for filing Form 2290 is Aug. 31 . People who have filed Form 2290 before will notice a couple new things in 2018: Filers may now use a credit card or debit card to pay the Heavy Highway Vehicle Use Tax . The[...]

Truckers should consider using e-file to submit Form 2290 by Aug. 31

Owners of heavy highway vehicles should mark Aug. 31 on their calendars. That’s the deadline to file Form 2290 , Heavy Highway Vehicle Use Tax Return . Just few days left to get it done, choose efile this time as it would be the best option to report at the last minute. Here are some things that these vehicle owners should know about this form: The highway use tax applies to highway heavy motor vehicles with a taxable gross weight of 55,000 pounds or more, termed as Taxable Heavy Vehicles. The weight limit generally includes large trucks, truck tractors and buses. The tax is based on the[...]

IRS launches new easy-to-use web pages to help all taxpayers understand tax reform

In a recent update from IRS, there is an announcement about a new website to help taxpayers to understand the tax reforms and this release itself is tagged as IRS Tax Reform Tax Tip… IRS Tax Reform Tax Tip 2018-132, Dated, August 23, 2018 With an updated tax reform section and frequent updates, the IRS website should be the first stop for taxpayers looking for information about how tax reform legislation – the Tax Cuts and Jobs Act – affects their taxes. Here are some facts about these new easy-to-read, easy-to-use pages and what taxpayers can find on them: The IRS.gov/taxreform page features[...]

Form 2290 e-file Mandate and TaxExcise Benefits of e-filing

The IRS Tax Form 2290 to report the heavy highway vehicle use taxes can be prepared online using Tax2290.com an IRS Authorized E-file service provider (since 2007), the first ever website authorized by IRS for tax 2290 e-filing . Top rated, less expensive, market leader and truckers first choice for 2290 electronic filing. August 31 – Deadline for IRS Tax Form 2290 – Choose E-File 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[...]

Time to try electronic filing to report Vehicle Use Tax Form 2290 returns online

The renewal period for HVUT Form 2290 is typically from July 1 to August 31 each year. Normally this 2290 tax is reported between July 1 to August 31 , filing after that would get penalties and late filing charges. Form 2290 must be filed for the month the taxable vehicle is first used on public highways during the tax period. The current period begins July 1, and ends June 30, as stated above. Form 2290 must be filed by the last day of the month following the month of first use. Note. If any due date falls on a Saturday, Sunday, or legal holiday, file by the next business day. If you first[...]

Tax Form 2290 reporting for the tax year 2018 and TaxExcise Support

Here we go truckers, The Internal Revenue Service is reminding truckers and other owners of heavy highway motor vehicles that in most cases, their federal heavy highway use tax return reported on Form 2290 is due on Thursday, August 31, 2017. Choose electronic filing for faster processing and secured filing. Form 2290 Electronic Filing Tax Form 2290 can be electronically prepared and reported through TaxExcise.com. It is always easy, safe and quick when you choose to file 2290 returns electronically , IRS as well will receive your returns process it faster and issues you back the stamped[...]

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