Category Archives: Federal Excise Tax Electronic Filing

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!

Texas Trucking Association Members can Enjoy 20% OFF on Form 2290!

The Only Decade Old IRS Authorized E-file service Provider for E-filing Heavy Vehicle use Tax Form 2290, www.Taxexcise.com / www.Tax2290.com – Products of ThinkTrade Inc is a proud Allied member of Texas Trucking Association. TXTA is a trade organization dedicated to enhancing the effectiveness of its members by advocating sound public policies, providing excellence in education, training and information and promoting a safe, dependable and cost-effective motor transportation system to better serve the people of Texas.

Being an IRS Authorized E-file Service Provider and an Allied Member of the Nation’s largest Trucking Association, It becomes our responsibility to keep every Trucker and Trucking Company associated with TXTA, that it is Time to file their Heavy vehicle use tax for the Tax Year 2017 – 2018. August 31st 2017 is the deadline to E-file & pay the HVUT Form 2290. Continue reading Texas Trucking Association Members can Enjoy 20% OFF on Form 2290!

Illinois Trucking Association Members get a 20% Discount on Form 2290!

Illinois Trucking Association is an 86 year old non-profit, full-service trade association led by trucking companies to promote and protect the interests of the trucking industry in Illinois with over 37,000 trucking companies in all 50 states.  The Only Decade Old IRS Authorized E-file service Provider for E-filing Heavy Vehicle use Tax Form 2290, www.Taxexcise.com / www.Tax2290.com – Products of ThinkTrade Inc has been an Allied Member of Illinois Trucking Association for a long time now. The Illinois Trucking Association is dedicated in enhancing the effectiveness of its member companies by advocating sound public policies, providing excellence in education, training and information while promoting a safe, dependable and cost effective transportation system. Continue reading Illinois Trucking Association Members get a 20% Discount on Form 2290!

Report Excise Tax on PCORI Fee online

The Federal Excise Taxes for 2nd Quarter  (April to June) of 2017 is due this July and July 31. is the last date to report it with the IRS.

The Affordable Care Act (ACA) imposes a fee on health insurance issuers and plan sponsors of self-insured health plans to help fund the Patient-Centered Outcomes Research Institute. The fee, called the Patient Centered Outcomes Research Institute (PCORI) fee, is calculated based on the average number of lives covered under the policy or plan.

PCORI fees applies to policy or plan years ending on or after Oct. 1, 2012, and before Oct. 1, 2019 are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). These fees are due each year by July 31 of the year following the last day of the plan year. This means that, for plan years ending in 2016, the PCORI fees are due by July 31, 2017.  This PCORI fee is based on the average number of lives covered under the policy or plan, can be prepared and reported online with  the IRS at  http://TaxExcise.com an IRS Authorized e-file service provider for all excise tax forms including Form 720, Quarterly Federal Excise Tax returnContinue reading Report Excise Tax on PCORI Fee online