The IRS requires electronic filing for each return reporting 25 or more vehicles; however, everyone is encouraged to file electronically. The IRS officially released, the 2012-2013 tax period begins July 1, 2012 through June 30, 2013. Beginning on July 1, 2012, you are able to pay your HVUT for the New year. The deadline for payment is August 31, 2012.
What is the HVUT? It is a Federal Excise Tax for highway motor vehicles with a taxable gross weight of 55,000 pounds or more. The tax ranges from $100 to $550 per year based on the vehicle weight.
Why is the HVUT important and what is it used for? The damage to the road surface caused by heavy trucks is 160,000 times more than that of a car, according to the findings of the American Association of State Highways Official ,AASHO, road test. The tax, which is based on the vehicle weight, is a significant source of transportation funding in the US.
Helping you understand the process. The vehicle owner is responsible for e-filing or paper filing Form 2290 and paying the taxes to the IRS, who return a stamped Schedule 1 to you. The stamped Schedule 1 is used to show proof of payment when registering your vehicle.
How do you file? E-filing is the easiest and is mandatory for each return reporting 25 or more vehicles. There are recommended software providers on the IRS website that enable you to e-file yourself or you can choose a service provider to file for you. Paper filing is still available for returns under 25 vehicles. The Form 2290 can also be found at irs.gov
When do you file? Form 2290 must be filed for the month the taxable vehicle is first used on public highways during the current period. The current period begins July 1, 2012, and ends June 30, 2013. August 31, 2012 is the deadline for any vehicle that will be on the road in July. If you purchase a vehicle anytime during the tax period, Form 2290 must be filed by the last day of the month following the month of first used. For example, if the vehicle is purchased and put on the road anytime in November 2012, the deadline to Efile 2290and pay the tax will be December 31, 2012. The tax will be based on the number of months used within the tax period.
What do you need to file your HVUT return? You will need your Federal Tax ID# or EIN ,Employer Identification Number,, VIN ,Vehicle Identification Number, and Taxable Gross Weight of Vehicle,s.
How do you pay your taxes? There are three methods to pay the tax. Electronic funds withdrawal ,direct debit, if filing electronically. Electronic Federal Tax Payment System ,EFTPS,you must enroll in EFTPS before you can use it. To get more information or to enroll in EFTPS, visit the EFTPS website at IRS Check or money order using the payment voucher. If you use this method, you must also complete the payment voucher.
So remember, July 1, 2012 is the beginning of the new tax period for your HVUT and you will not receive a reminder in the mail from the IRS. August 31, 2012 is the deadline for filing your return and paying any tax due.
The filing period opens on July 1, 2012 and runs through August 31, 2012. Electronic filing,e-Filing, is required for each return reporting 25 or more vehicles that the taxpayer files during the tax period. However, ALL taxpayers are encouraged to file electronically. ExpressTruckTax.com is an IRS authorized e-File provider who can help you e-file your Form 2290 quickly and accurately. If you have not ever e-Filed a tax return before, there is no need to worry; the process is actually easier than paper filing. All you need is your EIN ,Employee Identification Number, Address, Phone Number, VIN's Vehicle Identification Numbers, and Gross Vehicle Weight and our program will take care of the rest. It's quick, simple and accurate! And if you get lost along the way, we at ExpressTruckTax have a dedicated team of customer support professionals available to help you over the phone, email, or online chat,available in English or Spanish.
Still not convinced you want to e-file? There are many benefits such as convenience. You do not have to wait in line at the IRS office, you can file right from the comfort of your own home. Not to mention the process is much faster than waiting to get your Stamped Schedule 1, you often get it within minutes. IRS will check your tax data and will instantly notify you if there are errors. Also, when you e-file you have a secure online record of previously filed form 2290's. And you get to go green! No paper filing and no need for a stamp. E-filing will save you time and money, both of which everyone wants more of!
So, now that you are convinced that e-filing is the way to go, how do you choose a provider?
File with ExpressTruckTax and receive:
● The Best Value in the Industry
As Little as $9.90 for a single vehicle!
● Account setup and full service support for free
USA Based Customer Support
● Free VIN Corrections
Everyone makes mistakes, correct your VIN for free online
● Receive Stamped Schedule 1 back in Minutes
We automatically email you to let you know
● Automatic notification to your trucking/leasing company
We will send the proof of payment to your Carrier
● TEXT alert and FAX of Schedule 1 on IRS approval
Instant notification frees up your time
Our program is easy to use, walking you through the process step-by-step. Couple that with our outstanding customer service, there's no question that ExpressTruckTax is where you want to file your IRS Form 2290. We get the ease of a user friendly program and unparalleled customer service for only $9.90 (for a single vehicle), why pay more?
You want to be prepared because there are serious penalties and interest for failing to file returns or pay taxes when due. So don't miss the August 31st deadline to file your Form 2290. For more information on the 2290 filing process, heavy vehicle use tax, IRS payment methods, etc
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Form 2290 HVUT Return Through Paper Reminder Emails Will No Longer Be Done By IRS
The IRS requires electronic filing for each return reporting 25 or more vehicles; however, everyone is encouraged to file electronically. The IRS officially released, the 2012-2013 tax period begins July 1, 2012 through June 30, 2013. Beginning on July 1, 2012, you are able to pay your HVUT for the New year. The deadline for payment is August 31, 2012.
What is the HVUT? It is a Federal Excise Tax for highway motor vehicles with a taxable gross weight of 55,000 pounds or more. The tax ranges from $100 to $550 per year based on the vehicle weight.
Why is the HVUT important and what is it used for? The damage to the road surface caused by heavy trucks is 160,000 times more than that of a car, according to the findings of the American Association of State Highways Official ,AASHO, road test. The tax, which is based on the vehicle weight, is a significant source of transportation funding in the US.
Helping you understand the process. The vehicle owner is responsible for e-filing or paper filing Form 2290 and paying the taxes to the IRS, who return a stamped Schedule 1 to you. The stamped Schedule 1 is used to show proof of payment when registering your vehicle.
How do you file? E-filing is the easiest and is mandatory for each return reporting 25 or more vehicles. There are recommended software providers on the IRS website that enable you to e-file yourself or you can choose a service provider to file for you. Paper filing is still available for returns under 25 vehicles. The Form 2290 can also be found at irs.gov
When do you file? Form 2290 must be filed for the month the taxable vehicle is first used on public highways during the current period. The current period begins July 1, 2012, and ends June 30, 2013. August 31, 2012 is the deadline for any vehicle that will be on the road in July. If you purchase a vehicle anytime during the tax period, Form 2290 must be filed by the last day of the month following the month of first used. For example, if the vehicle is purchased and put on the road anytime in November 2012, the deadline to Efile 2290and pay the tax will be December 31, 2012. The tax will be based on the number of months used within the tax period.
What do you need to file your HVUT return? You will need your Federal Tax ID# or EIN ,Employer Identification Number,, VIN ,Vehicle Identification Number, and Taxable Gross Weight of Vehicle,s.
How do you pay your taxes? There are three methods to pay the tax. Electronic funds withdrawal ,direct debit, if filing electronically. Electronic Federal Tax Payment System ,EFTPS,you must enroll in EFTPS before you can use it. To get more information or to enroll in EFTPS, visit the EFTPS website at IRS Check or money order using the payment voucher. If you use this method, you must also complete the payment voucher.
So remember, July 1, 2012 is the beginning of the new tax period for your HVUT and you will not receive a reminder in the mail from the IRS. August 31, 2012 is the deadline for filing your return and paying any tax due.
E-File IRS Form 2290 With ExpressTruckTax
The filing period opens on July 1, 2012 and runs through August 31, 2012. Electronic filing,e-Filing, is required for each return reporting 25 or more vehicles that the taxpayer files during the tax period. However, ALL taxpayers are encouraged to file electronically. ExpressTruckTax.com is an IRS authorized e-File provider who can help you e-file your Form 2290 quickly and accurately. If you have not ever e-Filed a tax return before, there is no need to worry; the process is actually easier than paper filing. All you need is your EIN ,Employee Identification Number, Address, Phone Number, VIN's Vehicle Identification Numbers, and Gross Vehicle Weight and our program will take care of the rest. It's quick, simple and accurate! And if you get lost along the way, we at ExpressTruckTax have a dedicated team of customer support professionals available to help you over the phone, email, or online chat,available in English or Spanish.
Still not convinced you want to e-file? There are many benefits such as convenience. You do not have to wait in line at the IRS office, you can file right from the comfort of your own home. Not to mention the process is much faster than waiting to get your Stamped Schedule 1, you often get it within minutes. IRS will check your tax data and will instantly notify you if there are errors. Also, when you e-file you have a secure online record of previously filed form 2290's. And you get to go green! No paper filing and no need for a stamp. E-filing will save you time and money, both of which everyone wants more of!
So, now that you are convinced that e-filing is the way to go, how do you choose a provider?
File with ExpressTruckTax and receive:
● The Best Value in the Industry
As Little as $9.90 for a single vehicle!
● Account setup and full service support for free
USA Based Customer Support
● Free VIN Corrections
Everyone makes mistakes, correct your VIN for free online
● Receive Stamped Schedule 1 back in Minutes
We automatically email you to let you know
● Automatic notification to your trucking/leasing company
We will send the proof of payment to your Carrier
● TEXT alert and FAX of Schedule 1 on IRS approval
Instant notification frees up your time
Our program is easy to use, walking you through the process step-by-step. Couple that with our outstanding customer service, there's no question that ExpressTruckTax is where you want to file your IRS Form 2290. We get the ease of a user friendly program and unparalleled customer service for only $9.90 (for a single vehicle), why pay more?
You want to be prepared because there are serious penalties and interest for failing to file returns or pay taxes when due. So don't miss the August 31st deadline to file your Form 2290. For more information on the 2290 filing process, heavy vehicle use tax, IRS payment methods, etc