“Ask not what your country can do for you; ask what you can do for your country.” – John F. KennedyWith immense pleasure we wish every American soul around the globe a happy 4th of July. Many things hit our minds when we see 4th of July hit our calendars one such thing is Discount Sale on the occasion of Independence Day. Continue reading
“Like mothers, taxes are often misunderstood, but seldom forgotten.” — Lord Bramwell, 19th Century English jurist. Taxes are what we pay for civilized society, Unsure about any other industry but Trucking community and truckers never skip their Taxes. Being said that we know that truckers and the entire Trucking Community are like the seconds hand on a clock working and busy every second. It is quite understandable that they might forget one of the hundred taxes they file.
One such tax that is due only once a year is the Federal Excise Tax Form 2290. This tax Form is always filed in advance that is for the tax year that begins July 2017 and goes on till June 30th 2018, the Taxes have to be paid in 2017 itself. This is just opposite to other taxes that we pay, normally we file our federal income taxes after the end of the tax year it almost common for all other Taxes Except for HVUT form 2290. Continue reading
Very glad to share something that would bring in a small smile on every hard working Trucker’s face. Below is a neatly drafted message by Mark Zuckerberg himself, the CEO of Facebook about his experience @ IOWA 80 the world’s largest truck stop where he met the Face of Trucking Community – TRUCKERS!
In Iowa, I stopped by one of the major truck stops. It’s like a small city where truckers on long trips can take a break, get something to eat, get a haircut, do laundry, get their truck washed — or their dog washed! — And even go to the dentist.
A few things stuck with me after spending time with some truckers: Continue reading
“What is the recipe for successful achievement? To my mind there are just four essential ingredients: Choose a career you love, give it the best there is in you, seize your opportunities, and be a member of the team.” – Benjamin Franklin Fairless. Out of the four aspects mentioned above, Truckers and the entire Trucking Community will be rated 10 out of 10 in three of them. That is, they chose the career they love the most, of course they give the best in whatever they do & they are definitely Team players. But they miss out one ingredient, which is seizing the Opportunities. Continue reading
Trucking is a tiresome industry and there are no second thoughts on that, but what makes it more stressful is when a Tax deadline arrives. Well talking about deadlines, we have reached almost the end of HVUT Tax Year 2016 – 2017. You can now refer to your Stamped Schedule 1 copies that you currently hold that about to expire by the end of the month that is June 30th.
Though the IRS gives you two months time to renew your Form 2290 for the upcoming Tax Year 2017 – 2018 i.e. until August 31st. Remember, you will not be the only one who would be attempting to file your Federal Heavy Vehicle Use Tax Form 2290 within the allocated time frame of two months. There are millions of Truckers and Trucking Companies waiting for the clock to tick and would be rushing to get their returns filed and accepted. Continue reading