Form 2290 is due November 30th, 2010 if used first in October 2010.

Tax2290.com – Reminder, Heavy Vehicle Tax (IRS Form 2290) is due Nov 30th, 2010 if first used in October.

Have you used your vehicle first time in October since July 1st?
If YES, then you need to file form 2290 by end of this month and get your Schedule 1 copy instantly at www.Tax2290.com

Is your gross weight Increased? Is your Vehicle Mileage Limit exceeded since the recent tax return?
If YES, then you now need to file an Form 2290 Amendment to get the reviced Schedule 2 in minutes. Also you can claim your refund from IRS by filing Form 8849 Schedule6 at www.TaxExcise.com

Have you down-sized the number of Vehicles? Is your Vehicle reported Low Mileage from the last filed return?
If Yes, then IRS owe!!! Yes you need to claim a credit back on a Sold / Destroyed / Stolen Vehicle or Low Mileage Vehicle or any other claims at www.taxexcise.com and get it accepted instantly

You can do all these things at one place www.TaxExcise.com Try now!!! We are BBB Accredited with A+ rating.

Avoid getting penalized by the IRS by simply filing these easy returns at www.Tax2290.com or www.TaxExcise.com. You can get Schedule 1 copy instantly right in your email. www.Tax2290.com has come up with few ultimate features just for you.

Nearly 70 Percent of Taxpayers Used IRS e-file in 2010

WASHINGTON — Nearly 99 million individuals filed their federal income tax returns electronically during 2010, a 3 percent increase in the IRS e-file rate. Of the 141.5 million returns filed so far this year, almost 70 percent were filed electronically.

Each year, more taxpayers chose to e-file their tax returns. Last year, nearly 95 million taxpayers or 67 percent used e-file. In the past decade, the number of individual tax returns e-filed has increased by 145 percent. The overall number of individual tax returns increased only by 8 percent. IRS e-file is no longer is the exception; now it is the norm. Continue reading →

Form 2290 is due October 31st, 2010 if used first in September.

Tax2290.com – Reminder Alert, Heavy Vehicle Tax (Form 2290) is due Oct 31st, 2010 if first used in September

Have you used your vehicle first time in September since July 1st?
If YES, then you need to file form 2290 by end of this month and get your Schedule 1 instantly atwww.Tax2290.com Continue reading →

Know more about your Form 2290 filing with IRS

Disregarded entities and qualified subchapter S subsidiaries.

Qualified subchapter S subsidiaries (QSubs) and eligible single-owner disregarded entities are treated as separate entities for excise tax and reporting purposes. QSubs and eligible single-owner disregarded entities must pay and report excise taxes, register for excise tax activities, and claim any refunds, credits, and payments under the entity’s employer identification number (EIN). These actions cannot take place under the owner’s taxpayer identification number (TIN). Some QSubs and disregarded entities may already have an EIN. However, if you are unsure, please call the IRS Business and Specialty Tax line at 1-800-829-4933. Continue reading →

Failing to file returns or pay taxes when due?

Penalties and Interest:

The law provides penalties for failing to file returns or pay taxes when due. There are also penalties for filing false or fraudulent returns. These penalties are in addition to the interest charge on late payments. The penalty for filing a return late or paying the tax late will not be imposed if you can show reasonable cause for not filing (or paying) on time. If you file after the due date (including extensions), attach an explanation to the return to show reasonable cause.

The penalty for failing to file IRS Form 2290 by August 31st is equal to 4.5 percent of total tax due, assessed on a monthly basis up to five months. Late filers not making an HVUT payment also face an additional monthly penalty equal to 0.5 percent of total tax due. Additional interest charges of 0.54 percent per month accrue as well. An HVUT liability that was originally $550 would climb to over $700 by the end of the five-month period of delinquency. In addition to these federal penalties, many states suspend the registrations of vehicles for which proof of HVUT payment has not been provided.

The Secretary of Transportation has the authority to withhold up to 25 percent of the state’s Interstate Maintenance funds [23 U.S.C. 104(b)(5)] if it fails one of its periodic compliance reviews.

Any information regarding filing Form 2290 – HVUT please call our Help Desk 1-866-245-3918 or simply write to us your queries support@taxexcise.com.