Category Archives: Electronic filing excise taxes

IRS Provides Tax Relief to Victims of Hurricane Sandy; Return Filing and Tax Payment Deadline Extended to Feb. 1, 2013

In the aftermath of Hurricane Sandy, the Internal Revenue Service announced additional tax relief to affected individuals and businesses.

Following recent disaster declarations for individual assistance issued by the Federal Emergency Management Agency, the IRS announced today that affected taxpayers in Connecticut, New Jersey and New York will receive tax relief. Other locations may be added in coming days based on additional damage assessments by FEMA.The tax relief postpones various tax filing and payment deadlines that occurred starting in late October.  As a result, affected individuals and businesses will have until Feb. 1, 2013 to file these returns and pay any taxes due. This includes the fourth quarter individual estimated tax payment, normally due Jan. 15, 2013. It also includes payroll and excise tax returns and accompanying payments for the third and fourth quarters, normally due on Oct. 31, 2012 and Jan. 31, 2013 respectively. It also applies to tax-exempt organizations required to file Form 990 series returns with an original or extended deadline falling during this period.

The IRS will abate any interest, late-payment or late-filing penalty that would otherwise apply. The IRS automatically provides this relief to any taxpayer located in the disaster area. Taxpayers need not contact the IRS to get this relief. Beyond the relief provided by law to taxpayers in the FEMA-designated counties, the IRS will work with any taxpayer who resides outside the disaster area but whose books, records or tax professional are located in the areas affected by Hurricane Sandy. All workers assisting the relief activities in the covered disaster areas who are affiliated with a recognized government or philanthropic organization are eligible for relief.  Taxpayers who live outside of the impacted area and think they may qualify for this relief need to contact the IRS at 866-562-5227.

In addition, the IRS is waiving failure-to-deposit penalties for federal payroll and excise tax deposits normally due on or after the disaster area start date and before Nov. 26, if the deposits are made by Nov. 26, 2012. Details on available relief can be found on the disaster relief page on IRS.gov.

The tax relief is part of a coordinated federal response to the damage caused by the hurricane and is based on local damage assessments by FEMA. For information on disaster recovery, individuals should visit disasterassistance.gov.

The IRS also assures taxpayers, businesses and tax preparers that IRS is working aggressively to monitor the situation and provide additional relief as needed.

So far, IRS filing and payment relief applies to the following localities:

In Connecticut (starting Oct. 27): Fairfield, Middlesex, New Haven, and New London Counties and the Mashantucket Pequot Tribal Nation and Mohegan Tribal Nation located within New London County;

In New Jersey (starting Oct. 26): Atlantic, Bergen, Cape May, Essex, Hudson, Middlesex, Monmouth, Ocean, Somerset and Union;

In New York (starting Oct. 27): Bronx, Kings, Nassau, New York, Queens, Richmond, Rockland, Suffolk and Westchester.

TaxExcise.com helps taxpayers, businesses and tax preparers file their Excise Tax Returns with the IRS electronically and have an acknowledgment received online within minutes. Tax Excise extends its support providing mobile application m.Tax2290.com to e-file Forms.

Avoid Travelling as much as possible at least when not needed, make use of E-file through TaxExcise.com and Stay SAFE and COVERED!!

Reach us @ 1-866-245-3918 or write to us at support@taxexcise.com, for any required assistance.

Form 2290 Amendment

File 2290 Amendment online

When an IRS form 2290 is filled with incorrect information, IRS wants you to file a form 2290 amendment to correct the information. There are three types of amendments available for form 2290.

1. Increase in Taxable Gross Weight
2. Suspended vehicles exceeding mileage
3. VIN Correction

Increase in Taxable Gross Weight
This type of amendment is filed if the taxable gross weight of a vehicle increases during the tax year and the vehicle falls in a new higher category. For instance, you report a vehicle with taxable gross weight of 62,000 pounds and during the Tax year it increases to 80,000 pounds then you owe more taxes to the IRS and have to file a form 2290 Amendment. This should be filed by the last day of the month following the month in which the taxable gross weight increased.      With Tax2290.com, we make it easy to file this increase in taxable gross weight and accurately calculate the difference in tax due to IRS.  You will also get your stamped Schedule 1 for the new weight category in minutes.

Suspended vehicles exceeding the mileage use limit

This type of amendment is filed if a suspended vehicle exceeds the mileage use limit. Mileage use limit for a heavy vehicle to be considered tax exempt is 5,000 miles or less (7,500 miles or less for agricultural vehicles). The mileage use limit applies to the total mileage a vehicle is on the road during a period, regardless of the number of owners.
If the heavy vehicle filed as exempt exceeds this mileage limit, form 2290 Amendment needs to be filed and tax has to be paid. This amended Form2290 has to be filed by the last day of the month following the month in which the mileage use limit was exceeded.
With Tax2290.com, we make it easy to file this amendment and accurately calculate the tax due to IRS.  You will also get your Schedule 1 for the weight category in minutes.

VIN Correction

VIN Correction is filed if you have made a mistake in any of the VIN in the previously filed Form 2290.VIN Correctionscan be only done for Taxable or suspended vehicles and not for vehicles on which you claim credits or for prior year suspended vehicles.
With Tax2290.com we make it easy to file this amendment, you will also get your stamped Schedule 1 with correct VIN in minutes.

Taxexcise.com is committed to provide the Best in Quality and Service for all our users, www.Tax2290.com/www.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 2290.Tax2290 is a product of ThinkTrade Inc and a part of TaxExcise.com. We are a BBB accredited company with A+ certification.
For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at support@taxexcise.com

IRS Seeks to Return $153 Million in Undelivered Checks to Taxpayers; Recommends e-file, Direct Deposit to Avoid Future Delivery Problems

WASHINGTON — In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due refund checks this year that could not be delivered because of mailing address errors.

Undelivered refund checks average $1,547 this year.

Taxpayers who believe their refund check may have been returned to the IRS as undelivered should use the “Where’s My Refund?” tool on IRS.gov. The tool will provide the status of their refund and, in some cases, instructions on how to resolve delivery problems.

Taxpayers checking on a refund over the phone will receive instructions on how to update their addresses. Taxpayers can access a telephone version of “Where’s My Refund?” by calling 1-800-829-1954.

While only a small percentage of checks mailed out by the IRS are returned as undelivered, taxpayers can put an end to lost, stolen or undelivered checks by choosing direct deposit when they file either paper or electronic returns. Last year, more than 78.4 million taxpayers chose to receive their refund through direct deposit. Taxpayers can receive refunds directly into their bank account, split a tax refund into two or three financial accounts or even buy a savings bond.

The IRS also recommends that taxpayers file their tax returns electronically, because e-file eliminates the risk of lost paper returns. E-file also reduces errors on tax returns and speeds up refunds. Nearly 8 out of 10 taxpayers chose e-file last year. E-file combined with direct deposit is the best option for taxpayers to avoid refund problems; it’s easy, fast and safe.

The public should be aware that the IRS does not contact taxpayers by e-mail to alert them of pending refunds and does not ask for personal or financial information through email.  Such messages are common phishing scams.  The agency urges taxpayers receiving such messages not to release any personal information, reply, open any attachments or click on any links to avoid malicious code that can infect their computers.  The best way for an individual to verify if she or he has a pending refund is going directly to IRS.gov and using the “Where’s My Refund?” tool.

More Links:

Video: Undeliverable Refunds: EnglishSpanishASL
Podcast: Undeliverable Refunds

Source: www.irs.gov Issue Number: IR-2011-113

FAQs for Truckers Who e-file IRS Form 2290

Who is required to file Form 2290 and pay Heavy Highway Vehicle Use Tax?
Anyone who registers a heavy highway vehicle in their name with a gross weight of 55,000 pounds or more must file Form 2290 and pay the tax. Typically, owners of vans, pickup trucks, panel trucks and similar trucks are not required to file Form 2290 or pay tax on these smaller trucks. Trucks that are used for 5,000 miles or less (7,500 for farm trucks) are also excluded from this tax.

Who is required to e-file Form 2290?
IRS encourage all 2290 filers to e-file. If you are reporting 25 or more heavy highway vehicles for any taxable period, you are required to e-file through an IRS-approved software provider Tax2290.com or TaxExcise.com. Electronic filing improves tax processing and saves you personal resources, including time and postage. In addition, e-file reduces preparation and processing errors. You can e-file your return from your own computer, any time of day or night. Use e-file and your IRS Stamped Schedule 1 is available through Tax2290.com or TaxExcise.com immediately after IRS accepts it.

  • No more waiting for it to come in the mail!
  • No more waiting in a line at any IRS office for paying the 2290 taxes!!
  • No more travelling to any IRS office to get 2290 stamped!!!

All at one place, available at Tax2290.com or TaxExcise.com the #1 efile service provider since 2007.

Why do I need an Employer Identification Number (EIN) to e-file?
IRS need to have a system for protecting your privacy and making sure they know the identify of 2290 e-filers. IRS use a combination of your EIN and your name as a unique identifier for each taxpayer. On an e-filed return, if a taxpayer’s unique ID doesn’t match the IRS records, e-file rejects the return.

Make sure you enter the EIN and the Business Name / Name which you actually used while registering with the IRS, else IRS may reject your 2290 return for mismatch.

When are my Form 2290 taxes due?

Normally, your due date depends on when you put your vehicles in service. In 2011 only, there is an exception for some taxpayers because IRS were not able to provide the Form 2290 until November 1, 2011.

For the Tax Year 2011, IRS tax Form 2290 is due Nov 30!

In 2011, if you were expected to file and pay by the last day of August, September or October you have an extension on your due date until November 30, 2011.

For other years, the annual taxable period begins on July 1 of the current year and ends on June 30 of the following year. For vehicles that are in use at the beginning of the tax period, your 2290 filing deadline is August 31. Taxes on the full tax period must be filed and paid in advance.

The due date for a partial period return depends on the month you first use your vehicle. If you place an additional taxable truck on the road during any month other than July, you are liable for 2290 taxes on it, but only for the months during which it was in service.

You must file Form 2290 for these trucks by the last day of the month following the month the vehicle was first used on public highways. You can find out when Forms 2290 are supposed to be filed in the table below, When Your Taxes Are Due.

These due date rules apply whether you are paying the tax or reporting the suspension of tax. It is important to file and pay all your 2290 taxes on time to avoid paying interest and penalties.

When Your Taxes Are Due

IF, in this period, the
vehicle is first used during
Then, file Form 2290 and
make your payment by*…
July August 31**
August September 30**
September October 31**
October November 30
November December 31
December January 31
January February 28
February March 31
March April 30
April May 31
May June 30
June July 31
*File by this date regardless of when state registration for the vehicle is due
**NOTE: Taxpayers who were expected to file Form 2290 and pay by the last day of August, September or October have an extension on their due date until November 30, 2011.

How will I know the IRS has received my return?
After IRS accept your return, you will receive an e-mail notification. You will also have access to an electronic version of the Schedule 1 containing a watermark of the e-file logo in the background. The Schedule 1 can be printed from your own computer. You may also subscribe for a TEXT Alert and for a FAX Copy of your IRS stamped Schedule 1.

How do I make corrections to my e-filed return?
You can e-file a correction to VIN number typed in Schedule 1 copy[VIN correction], weight and/or mileage reported to IRS.  You will need to make corrections by e-filing an 2290 amendment through Tax2290.com or TaxExcise.com and the corrected Schedule 1 copy will be available through Tax2290.com or TaxExcise.com in minutes.

If I buy another truck after I have e-filed my 2290 for the current tax period, should I e-file my original 2290 again and simply add the new vehicle to the Schedule 1?

No. If you e-file your 2290 and list the vehicles you own on the Schedule 1, then subsequently buy one or more additional trucks, you must file a new Form 2290 listing only the new vehicles. You may e-file that 2290 anytime before the last day of the month following the month the new vehicle was first used on public highways. Review the table above to find your due dates.

May I file one 2290 for two trucks that I place on the road in two consecutive months?
No. The amount of tax you owe depends on the month when you first placed your trucks on the road. In this case, you should file two Forms 2290, one for each vehicle and its partial tax period, and complete a Schedule 1 for each. Your tax will be more for the truck that was placed into service first. In the next tax year, you can file one 2290 for all the trucks you will have on the road for the 12 months of the tax year; that is, between July 1 of the current year and June 30 of the following year.

What should I do if my e-filed return is rejected by the IRS for duplication?
Make sure the correct Vehicle Identification Numbers are listed and are not duplications from a previous filing. Correct any duplication and re-submit the return.

If you are correcting VINs listed on a previously submitted and accepted return, you can now efile a return by marking as “VIN correction. If the new VIN is totally different from what was listed on your original return (Schedule 1), you need to explain why the VIN you are now submitting is different.

When I submitted my Form 2290 electronically, I received an online duplicate filing error. Why did this happen?
When you submitted your return, the system detected that you had already filed a return under the same EIN, for the same tax period, for the same vehicle(s) and/or the same VIN category. Check your return to make sure you are reporting new vehicles only and that the other information you input is correct.

Can I claim a refund electronically for a vehicle that was sold, destroyed or stolen during the tax period?
Yes. You can claim a credit for the tax paid on the next Form 2290 you file in the same or subsequent tax period. Alternatively, a refund of the tax paid can be claimed on Form 8849, Schedule 6, Other Claims. The refund amount will depend on when the vehicle was sold, destroyed or stolen.

Can I claim a refund electronically for a vehicle I used less than 5,000 miles during the tax period?
Yes. If you already paid the tax on a vehicle you used for less than 5,000 miles, you can claim a credit on the first Form 2290 you file for thenext tax period. Alternatively, you can claim a refund of the tax paid on Form 8849, Schedule 6, Other Claims. However, a credit or claim for this refund cannot be filed until the next tax period.

A credit, lower tax, exemption or refund is not allowed for an occasional light or decreased load or a discontinued or changed use of a vehicle.

Call our Help Desk 1-866-245-391 or email all your queries to support@TaxExcise.com, we are very happy to support you through the filing.

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Taxpayers Who File Electronically Must Use e-Signatures!

In an effort to make electronic filing even more secure and paperless, the Internal Revenue Service now requires all taxpayers who file their tax returns electronically to also use electronic signatures. The IRS has eliminated the paper signature document for e-filed returns.

Just as the familiar automated teller machines use personal identification numbers, so does the IRS e-signature process. If filing a joint return, each taxpayer must create and use his or her own PIN to sign the tax return. The IRS also must verify your identity so there will be personal and tax-related questions. You should have your prior year 2009 tax return on hand if it’s available.

There are two ways to create an IRS e-signature PIN: self-select PIN method and practitioner PIN method.

Self-Select PIN Method

Taxpayers who are preparing their own returns using software must use the self-select PIN method. The self-select PIN allows taxpayers to select five numbers (except all zeros) to enter as their electronic PIN signature. The IRS still must verify the taxpayers’ identities. As part of the verification process, you must provide either your adjusted gross income listed on your 2009 tax return or your 2009 PIN used to e-file your return last year. It also will ask for date of birth. For joint returns, both taxpayers must create PINs using this method.
If you have never filed a tax return before, you can still use self-select PIN by using zero as your 2009 AGI. Do not leave this field blank. However, the space for the 2009 PIN should be left blank.
Practitioner PIN Method

Taxpayers who use a volunteer or paid tax preparer may use the practitioner PIN method or the self-select PIN method. The practitioner PIN method allows you to authorize your tax preparer to enter or generate your five-digit PIN on your behalf. You must sign Form 8879, IRS e-file Signature Authorization. The practitioner retains Form 8879 but does not mail it to the IRS. Some tax preparers may use an electronic signature pad for Form 8879 this year. Taxpayers who are age 16 and younger must use the practitioner PIN method.
IRS-issued Electronic Filing PIN

For taxpayers using the self-select PIN method but who cannot recall their 2009 adjusted gross income or their 2009 PIN, the IRS will issue a temporary Electronic Filing PIN (EFP.) This EFP can be used in place of the 2009 PIN and allow taxpayers to complete the self-select PIN method once their identity has been verified. Most tax software will contain a link to the EFP tool or you can search IRS.gov use keywords “ Electronic Filing PIN Request.” You also can use an automated, self-service telephone assistant by calling 1-866-704-7388.
Follow the instructions to receive your electronic filing PIN. Again, the IRS must verify your identity so you will need to provide some personal information and some tax-related information. You will need to know the filing status (i.e. single, married filing jointly, head of household, etc.) and the address used on your 2009 tax return.
The EFP will generate a five-digit number that you can substitute for your 2009 PIN. You can then return to the self-select PIN method, place the temporary EFP in the appropriate field and complete the signature process.
Ordering Your 2009 Tax Transcript

If you are unable to complete the EFP application and you cannot locate your 2009 tax return, you can order a transcript which will contain information such as your AGI that you can use to complete the self-select PIN method. There is no fee for a transcript.
The IRS has a new process for 2011 that allows you to order your transcript from IRS.gov. Just look for “online services” on the home page or search “Order a Transcript.” Your transcript will be sent to the address listed on the 2009 tax return. You also can call 1-800-908-9946 to order a transcript.
You can go to IRS.gov and print Form 4506T-EZ, Short Form Request for Individual Tax Return Transcript. The form can be completed and then faxed or mailed according to the form’s instructions. Generally, you do not need a copy of your exact tax return in order to complete the PIN process. Allow 7 to 10 days to receive the tax transcript.
Signing a joint return when spouse is not available.

If your spouse is serving in a combat zone and you do not have power of attorney, you can still create a self-select PIN for your spouse and e-file the return. After e-filing your return, just submit a signed statement explaining your situation with Form 8453, U.S. Individual Income Tax Transmittal for an IRS e-file Return, and mail according to the instructions.
If you have power of attorney for a military spouse or anyone who must file a tax return, you can use the self-selection PIN method to sign their return. You must also attach the power of attorney to Form 8453 and mail both to the IRS. Again, you should follow the mailing instructions on Form 8453.
Form 8453 can be used to submit any required paper documents in support of your tax return.
This Information has been shared by www.TaxExcise.com

www.TaxExcise.com is committed to provide the Best in Quality and Service for all our users, www.Tax2290.com /www.TaxExcise.com is a certified, IRS authorized  e-file service provider for Form 2290, Form8849 and For m 720.Tax2290 is a product of ThinkTrade Inc and a part of TaxExcise.com. We are a BBB accredited company with A+ certification.
For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at support@taxexcise.com