Category Archives: IRS Updates and Tax Tips

HVUT Form 2290 and 1st Qtr IFTA are due April 30, 2021

A gentle reminder from the Tax2290 team, the first IRS Approved E-file Service Provider to e-file federal excise tax form 2290, about the approaching tax Due Date.

With hundreds of things running through the back of your head, it’s easy to overlook things you only do once in a while. Taxes are one of the things that you don’t do too much. We understand that you have a lot on your plate, so we suggest that you E-file your Federal Excise Taxes as soon as possible to stop the last-minute scramble.

Taxes that are due April 30, 2021:

  • Form 2290: to E-file your Federal Excise Tax Form 2290 for Vehicles first used in the Month of March 2021. E-file your HVUT Tax Form 2290 to receive a stamped schedule-1 copy within minutes.
  • Form 720: Your Quarterly Excise Tax Form 720 for the First Quarter of 2021 is also due by the end of this month. To escape fines and interest, register your taxes as soon as possible using www.Taxexcise.com.
  • TaxForm IFTA: This month also marks the deadline for the International Fuel Tax Agreement (IFTA) for the First Quarter of 2021. While there is no way to E-file, you can get them prepared online to escape complex tax estimates.
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HVUT Tax Form 2290 Deadline – Due today for Vehicles first used since February!

Our time today is in fact the most critical one, floating between the desire and the unbelief. Our grievances are like arrows fired at no goal into the air: they land on our heads without intent and damage us. It’s true that we’re going through tough situations, but we know what to do first and what the implications are of not completing tasks on time for evolution to prioritise our activities.

Working behind the wheel is not a calculated profession; chaotic is a better way to describe the difficulties encountered by the hardworking, often busy men and women in the trucking industry who work almost 24 hours a day for the betterment of the nation while still making sure that their tax deadlines are fulfilled and due are paid on schedule. In the midst of these stuff, time happens once in a while with their loved ones.

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For vehicles first used in February 2021, Form 2290 is due by March 31st, 2021. E-file soon!

HVUT Form 2290 is due by the last day of the month after the month in which the vehicle was first used, according to federal law. For vehicles first used after February 2021, Form 2290 is due by March 31st, 2021. Assume you bought or re-bought a vehicle in February 2021; if the vehicle has been driven since then, the owner is responsible for paying the taxes over the next 60 days. In this case, the HVUT Form 2290 is used to make a partial/pro-rated tax bill. 

E-filing is an easy and convenient process. The time it takes to get a status report on your tax return is just a few minutes! As a result, you can obtain a digital watermarked copy of Schedule 1 from the IRS to your registered e-mail address, which can be used as evidence of payment for vehicle registration purposes. Tax2290.com is ranked as one of the safest and easy websites by Thawte and McAfee, meaning that our website can be trusted without hesitation. Since all of the data is encrypted, there is never a risk of any information passing through our website becoming compromised.

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When do we need to file a Form 2290 Amendment?

Hey truckers, let us walk you through few pointers and transfer of knowledge about your HVUT Form 2290 filings. Since HVUT is due every month on a pro-rated basis, we have been frequently asked about corrections on the 2290 if the information on stamped schedule-1 copies mismatches or have got mistakes. Incorrect information on the stamped schedule-1 copies would not be accepted at the DMV, so we are going to share some knowledge on when and how to file an amendment.

The IRS gives you an option to correct your original Form 2290 returns through an Amendment form, but people often confuse between Form 2290 and amendments. The Amendment is just for the corrections on the completed filing!

Human typo errors are natural and can be rectified at few circumstances. In a Form 2290, an AMENDMENT refers to making changes to the originally submitted return. For which you will receive an updated Stamped Schedule 1 copy from the IRS and you can make the additional payment electronically.

The IRS allows amending for the following errors:

  • Increase in Taxable Gross vehicle weight
  • Suspended vehicle exceeded the mileage use limit.
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Pro-rated Form 2290 is due now for vehicles first used since January 2021

When starting a trucking business you would possibly want to think about joining www.taxexcise.com / www.tax2290.com. If you’re just getting started within the industry call www.taxexcise.com / www.tax2290.com for a competitive quote with a corporation that focuses on truck tax filings and other federal tax forms and IFTA for all states.

Do also browse and look into the other services offered since we also are an IRS certified provider for Claim of Refund Form 8849 (schedules 1, 2, 3, 5, 6, and 8) and the Quarterly Federal excise Form 720, and the preparation of IFTA (International Fuel Tax Agreement).

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