Category Archives: Federal Excise Tax Electronic Filing

Preparing your IFTA Return Online? Keep this Information Handy!

 

Well begun is half done, which makes preparedness an important factor for any successful mission. This goes well with every single day to day activity we perform.

Being said that preparedness is important for even the simplest things we do, it becomes a key factor for major things we do in life. One such very important & unavoidable element in every Interstate Heavy haulers carrier is Preparing & Filing IFTA every quarter. So when he/she starts to prepare his/her IFTA return on www.taxexcise.com , it’s good to have the list of below mentioned information handy for a faster & smoother Tax Filing Experience. Continue reading Preparing your IFTA Return Online? Keep this Information Handy!

Three Tax Deadlines – Only One Best Application to Trust!

Like it or not, taxes have become part our lives. Though we have notes on all our calendars about upcoming Tax Due dates, as THE ONLY DECADE OLD AND FIRST EVER IRS AUTHORIZED E-FILE Service Provider for E-filing Heavy Vehicle Use Tax Form 2290 (HVUT) It becomes Our responsibility to remind every law abiding tax payer about the Three Deadline That are all due on the same date i.e. October 31st 2017. Continue reading Three Tax Deadlines – Only One Best Application to Trust!

Form 720, Quarterly Excise Tax Return for 3rd Quarter of 2017 is due NOW!

Form 720 is a quarterly excise tax return that some; businesses must file with the Internal Revenue Service. According to the IRS, “Excise taxes are taxes paid when purchases are made on a specific goods, such as gasoline. Excise taxes are often included in the price of the product” If you accrue excise taxes in the course of doing business, you should know the rules on filing 720 taxes.

 

Who Must File Continue reading Form 720, Quarterly Excise Tax Return for 3rd Quarter of 2017 is due NOW!

Long Weekend Ahead – An Opportunity to file your Taxes due this Month!

I’m Irish on St. Patrick’s Day. I’m Italian on Columbus Day. I’m a New Yorker every day – Tamara Tunie.

Lets add to it, we are American Citizens every Second. www.Tax2290.com / www.TaxExcise.com – Products of ThinkTrade Inc wishes everyone, especially those hard working Men and Women involved in Trucking Business a Happy Columbus Day. There is no such word in a Truckers Dictionary that reads Long Weekend, It is a well known Fact that they work round the clock so that we can have peaceful and pleasant weekdays, Weekends & Holidays.

Though Long weekend does not make any sense to Truckers but it can be looked up as an opportunity for Federal Excise Tax Payers to complete their Excise Taxes that are due by the End of this Month i.e. October 31st 2017.

Taxes Due by October 31st 2017: Continue reading Long Weekend Ahead – An Opportunity to file your Taxes due this Month!

Typos on your Form 2290 can be corrected by Filing VIN Correction!

When you have Vehicle identification number (VIN) of up to 17 characters with numbers and alphabets, mistakes tend to happen. For example, you type 5 instead of S. Let’s say that you file form 2290 and pay $550 to IRS and receive your Stamped Schedule 1 you take it to the DMV and then you realize that the Schedule 1 has the wrong VIN. What do you do?

Thanks to the IRS and Tax2290.com, for introducing VIN correction using form 2290 amendment in 2009, a couple of years after introducing E-filing for Form 2290. If you make a mistake in VIN, you can send an amended Form 2290 to IRS and get the Schedule 1 corrected. But the bad news was that VIN Correction on Form 2290 can’t be E-filed, it must be printed and mailed in. It took 4-6 weeks to get the corrected Schedule 1 from IRS. All this changed in 2011, when Tax2290.com, working with IRS, started to E-File VIN Corrections and was able to get the corrected Schedule 1 in minutesContinue reading Typos on your Form 2290 can be corrected by Filing VIN Correction!