Trucker duties are delivery bound. So are the taxes they pay for their heavy trucks, to the Federal Government. The HVUT returns you file and taxes that you pay get transmitted to the IRS safely and the IRS in turn returns it to the Federal Funds Treasury. the amounts equivalent to these taxes are then transferred on paper to the HTF, Highway Trust Fund, a transportation fund established in 1956 to finance the United States Interstate Highway System and certain other roads. The revenues of the HTF are intended for financing highways, with the taxes dedicated to the HTF paid by the users of highways. Most of the tax amounts credited to the HTF’s Highway account (one of the three accounts of HTF) are not collected by the Federal government directly from the consumer. They are, instead, paid to the Internal Revenue Service by the producer or importer of the taxable product, except like for HVUT which is paid by the owner. Continue reading
Category Archives: Electronic Filings
Three Things to Count On While Replacing Your Smart Truck Wheels
How often do you replace your truck’s wheel? When this question was asked to a number of truckers, we had two different answers. The first type of answer was, “I change it when they shrink or when flat spots are huge. The second type but infrequent answer was, “I restore them in every 2-4 months”. Right answer! It is advised and found to be effective when you put back your truck’s wheel every 2-4 months.
Most of you are likely to change your truck wheels only when you can’t get those axle nuts back on the setup. Not ever! As a motorist, replacing your truck wheels is going to be a continuous process from time to time. Sometimes you will realize that the new wheels just don’t fit in or they may trouble you while driving. It is said that, “An ounce of prevention is worth a pound of cure”. Let’s look up for three flaw-avoidance measures while swapping your vehicle’s wheel, which really helps in maintaining your trucks well.
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Helpful answers to queries before filing HVUT taxes !
Dear Customers, at some course of time you might have come across certain questions related to HVUT tax or E-filing. Our customer support team has answered even the most silly to the toughest of all possible questions in this space. Here are a few of those questions and answers which will surely help you sometime.
Question 1: We paid full taxes on a vehicle and used it for the first few months starting from July and then it was pulled off the road middle of the season, later we put the truck back on road and used it till the end of the season. It was used up to the mileage limit of 5,000. So am I eligible for a tax credit for the unused period of time? Continue reading
Truckers Should Respond Promptly To the Alarm of Sleep While Driving and HVUT for Driving
Apart from keeping yourself alert while driving, you should also be alert enough to pay your HVUT taxes yearly and keep your trucks running throughout. HVUT alarm rings every year and you ought to respond to it the right way by filing your returns and paying your HVUT tax due amounts to the IRS. Tax2290.com makes your off driving job as an e-filer, very easy.
Truckers who keep busy at night time should be alert continuously. Trucking is always a risky line of work in which accidents cannot be ruled out. Although you try for staying wide-awake, the biotic clock turns you down. Here are some accepted ways to keep you stirred enough. Continue reading
Trucker Tax e-file provider’s take on truckers’ dress code
“What a strange power there is in clothing”- Isaac Bashevis singer
The treble “s” you can be assured of while you e-file form 2290 with Tax2290.com are simple, safe and secure. Similarly, the three “s” that you have to store in your mind while getting dressed for trucking is Simplicity, safety and snugness. You can expect no comfort as wandering in a luxury car since you drive through rough and tough valleys. So, it is crucial to get cozily dressed. Continue reading