So what is going on, fellow truckers? The roads are busy, the trucks are filled and the tax is left due for the month. If you are one among them, bought your vehicle on road for the first time, you are liable to file form 2290 online or paper file before the due date, i.e. 31st of January 2015. With so little time left, it can be tempting to really get this filing get going through efiling and complete the procedure ASAP. Continue reading
Form 2290 Amendment Tax Return
While you efile form 2290 during the tax season, you pay your dues based on the weight and the miles you are likely to travel that specific year. What happens when exceed the taxable gross weight or the miles mentioned in your schedule 1 copy. And that time form 2290 Amendment tax return comes in the scene.
There are three types of amendments available for form 2290: Continue reading
MEF Shutdown Is Over; Efile Form 2290 For First Time Used Vehicles in December
Heartfelt welcome to our blog readers, we are glad you are a part of our family.
Today, we are here with few important updates. One among them is IRS has reopened after the shutdown and filing gateways are open for taxpayers to file and report form 2290. Also, if you had filed your tax return during the maintenance, you are likely to receive your schedule 1 copy by today. Continue reading
Detailed Explanation On Exempted Vehicles
Each time, when the due date to file form 2290 is nearing, do you wonder if you have to file HVUT this year for your rig? Well, this scenario pops up to each filer while filing the return. although, we are filing form 2290 since a decade now, we always still feel confused and unsure about the criterions to file HVUT. and that made us write a new blog post on Exempted vehicles.
We know IRS guidelines are li’l complicated and that is why, this blog would be beneficial to you.
As per the layman terms, IRS requires the following vehicles to file form 2290 annually: Continue reading
An Overview on Logging Vehicles
After our previous blog “What is Agricultural Vehicle?” there were many other queries sent to us, requesting to explain what is logging vehicles. The reason taxpayers are confused because while filing form 2290, the application would ask you if your taxable vehicle is used for logging. Continue reading