Category Archives: Federal Excise Tax Electronic Filing

Living with the goodness of internet? Then file taxes online with Awareness!

In this picture-perfect world, how many of you are mindful with Filing excise taxes through safe online service providers like TaxExcise.com? Here comes the matchless feature of our most trusted excise tax e-file service (2290, 720, and 8849), TaxExcise.com. It is nothing but SSL (Secure socket layers). You may ask why I need SSL. It bestows with many outspoken benefits to you by protecting the information from anarchists and even IRS requires EV SSL for online filing.

SSL is a protocol used for data encryption over the internet. We use secure socket layer for the security and safety of our client’s personal information. One of the main reasons for us to be an SSL certified is to ensure the complete security of our customers. Since a sole-off connection is established between the server and the customer, the data passed across an SSL connection cannot be corrupted with. Another pro is the data sent is directed by means of a private communication channel. The numeric, special characters, alphabets, your credit card numbers, your addresses and other payment related details are encoded into information bits. Only random characters appear through. The right end-user with right keys alone can decode the information through the encryption key. Encrypted data are highly impossible to attack by hackers. SSL protects from phishing and pharming too. With the aid of SSL, it is quite troublesome to impersonate the site info’s. TaxExcise.com has passed out the audits like PCI compliance (payment card industry) that looks for proper SSL permit. A server that has such a credit is allowed to get credit card information. Apart from encryption, SSL certificate also provides the authentication which prevents you from sending your data to any criminal servers that likely look as your required server.

You can find the trust seal of security in Taxexcise.com. A well aware internet user always knows the necessity of SSL protection and would never miss such SSL certified service providers. Are you the one such to file your excise tax returns with us? Let us live our lives with happiness and file our taxes with awareness.

Best Way To Pay Excise Tax – EFTPS

When it comes to paying taxes, the best way is that which makes mutual convenience the pivot of the whole process. Computers and the internet have travelled a long way in comforting us, yet, are tirelessly moving forward each day. One of their prime destinations of comfort for U.S. taxpayers is the EFTPS (The Electronic Federal Tax Payment System). Powered for free usage by the U.S. Department of Treasury in the year 1996, EFTPS houses over 12 million taxpayers and has handled over 1.16 billion electronic payments. Having said that it is a government website, you are free to enroll eyes closed. It is like the trust you learnt from your parents. You don’t have to worry about getting caught in phishing scams and being fooled by other internet villains. So what features benefit taxpayers from inside EFTPS?

Assured Safety

You can make your federal tax payments electronically using EFTPS, only on 128-bit encryption version of browsers. A combination of unique information such as Taxpayer Identification Number (EIN or SSN), EFTPS Personal Identification Number (PIN) and an Internet Password authenticates a user as an enrolled user. This allows him/her to access the payment route inside EFTPS and adds to the security of the site and the privacy of taxpayer data. Have you experienced safety of similar standards over a web application recently? It must have been on tax2290, in case you are a trucker who just filed you form 2290!

Absolute Convenience

Taxpayers can initiate tax payments from wherever they are, at whatever time they want to, 24/7. EFTPS is available on the internet as well as over phone leaving the mode selection at the convenience of the user. Apart from this, tax payments can be scheduled in advance and one can check up to 16 months of payment history online or by calling their customer service. Ask what absolute convenience actually is from truck owners who made their tax filings through us!

Abiding Accuracy

EFTPS does what you say, accurately on time. When you instruct the application to deduct funds from your account, it does so on the specified date and sends an acknowledgement immediately to you followed by your bank statement confirmation of the payment made. Accuracy is a closely related term to the tax calculations made at taxexcise, for taxpayers!

Prior to paying taxes, filing your returns is important. Again, enjoy such and even more convenient features of computers and the internet to file heavy vehicle use tax return, its corresponding amendments at tax2290 and claim credits that you are eligible for at tax8849! For assistance, reach out to us at 866-245 3918 or support@taxexcise.com.

Tax2290.com – Trucker’s Best Friend

Have you ever wondered how important Time is for anyone who is in the Trucking Industry. Recently met a old friend of mine, who is a Truck Driver we had a short chat. He was accompanied by his fellow Trucker and that’s when I realized how hectic their lives are.

Trucking is not a typically scheduled job, chaotic would be a more accurate description. Too many variables weather, loading and unloading delays, appointments, breakdowns, traffic, etc., Also depends on what you haul, Flat beds don’t usually get unloaded at night. Most shipping hubs are 24/7 but not all receivers.

My friend over the chat said “Some days I feel the need to stop every 200 miles. Some days I drive for 11 hours straight. It all depends on the urgency of the load and my bodily functions.  It may seem like you’re just dipping into that truck stop or gas station for a quick soda, but make sure you add in the time it takes you to find a place to park and get to the door, even if it’s only at the fuel island. In a car it can take one minute. In a truck it can take 5. When you stop some place, it may only seem like a short 15 minute stop, but then think how far down the road you would be if you hadn’t stopped.”

So Considering the fact that Truck Owners and Drivers have very less time to spend with their family, think how sad it would be if they are asked to stand in a long Queue in an IRS Office to file their HVUT Tax Form 2290, Which will take at least a day. Most annoying part is the confusing Tax calculations involved.

Thanks to www.Tax2290.com, which is considered as Trucker’s Best Friend that can save a lot of valuable time for Truck Driver’s and Truck Owner’s.  Filing HVUT Tax Form 2290with Tax2290.com takes only 10 minutes and the stamped schedule 1 reaches their Email in minutes from filing. All the confusing Tax calculations are performed by the system itself and the Tax Jargon’s are broken down in to simple English.

Not only Individual Owner Operators even CPA’s, Book Keepers and Attorney’s can file Tax Form 2290 to IRS through Tax2290.com for their clients. The Friendly Tax Expert team can be reached any time at 1-866-245-3918 by phone or can be Emailed 24/7 to support@taxexcise.com.

Tax preparers take advantage of e-file options – IRS Recommends!

Taxpayer Assistance Centers Service Changes for 2012 Filing Season

Beginning this year, IRS Taxpayer Assistance Centers generally will not accept bulk returns for processing and mailing, particularly when it affects taxpayer services. The IRS hopes to eliminate the practice of taxpayer representatives dropping off completed returns for processing, especially during peak operating periods.

The intent of this policy change is not to limit assistance to taxpayers or their authorized representatives. Nor is it intended to limit taxpayer representatives’ visits to support their clients, particularly in situations where the taxpayer is facing financial harm or undue hardship, such as delinquent returns or to start or stop an installment agreement. It is designed, primarily, to stop the practice of dropping off returns solely for processing and mailing when the returns can be mailed directly to the IRS processing center. The TACs will accept returns with imminent statute implications, with remittances or other situations where it’s in the best interest of the taxpayer and the Service to accept them.

Local TAC managers have the authority to make exceptions to this policy and will accept drop off returns if, in their opinion, tax preparation and other customer account services are not impacted.

The IRS encourages all tax preparers to take advantage of available e-file options to file returns electronically to avoid the need to have returns accepted and mailed at the local Taxpayer Assistance Center. IRS has also mandated e-filing for taxpayers with 25 or more vehicles with registered gross weight of 55,000 lbs or more.

E-file with www.TaxExcise.com

 

TAX PRACTITIONER BENEFITS

With our tax return software, tax practitioners can e-file federal tax form 2290 for their Clients. We are an IRS Certified Authorized E-File Provider for federal form 2290. Using our Software gives you the option to e-file and transmits Form 2290 directly to the Internal Revenue Service(IRS). Our tax software has all of the features needed to complete Tax Form 2290 in a quick and accurate manner. We provide tax advice and tax support that you can count on and security that you can trust. Just register once and you can manage all your clients using the same tax return account.

TaxExcise.com FEATURES ALSO INCLUDES:

Stamped Schedule-1 in minutes.

Calculating accurate HVUT taxes (2290) for annual and partial year filings.

Retrieve and print IRS accepted Stamped Schedule 1 in minutes.

Access anytime, anywhere to your 2290 form stored under your profile.

Full E-file support for Form 2290 with Amendments, Form 8849 and Form 720.

E- File for VIN correction.

Safe and secure e-filing.

Bulk uploads.

Error check – We check your forms for errors even before the IRS does.

Live chat, Phone support and Email Support

SMS Alert.

Schedule one copy by fax.

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

Excise Taxes – Tax Tips for Construction Companies

Construction companies may be liable for the federal highway vehicle use tax. These companies may also be eligible to claim an income tax credit or a refund for gasoline, diesel fuel, or kerosene that is used in nontaxable uses.

Heavy Highway Vehicle Use Tax

A truck or truck tractor is subject to the highway vehicle use tax if it:

Is a highway motor vehicle (generally, a vehicle moved by its own motor and designed to transport a load over the public highways, even if it is designed to do other  things)

Is registered or required to be registered for highway use

Is used on a public highway, and

·Has a taxable gross weight of at least 55,000 pounds (taxable gross weight means the weight of the vehicle plus the weight of the trailers and semi-trailers customarily used in connection with vehicles of the same type, plus the weight of the maximum load customarily carried on vehicles, trailer, and semi-trailers of the same type)
The tax applies to the first use of a taxable vehicle on a public highway during the taxable period, which is each July 1st through June 30th. The person in whose name a taxable vehicle is registered or required to be registered must pay the tax on Form 2290, Heavy Highway Vehicle Use Tax Return. The tax is due by the last day of the month following the month in which the vehicle is first used during the taxable period. Thus, if you use a taxable vehicle in July, you must file Form 2290by August 31st.

Fuel Tax Credits and Refunds

A federal excise tax is imposed on gasoline ($.184 per gallon), clear diesel fuel ($.244 per gallon), and clear kerosene ($.244 per gallon). The amount of these taxes may be credited or refunded if these fuels are used in many types of off-road uses. Common off-road uses include use as heating oil, use in stationary engines, use in non-highway vehicles, and use in separate engines mounted on highway vehicles.

Generally, refunds of $750 or more may be claimed quarterly on Form 8849, Claim for Refund ofExcise Taxes. Claims not made on Form 8849 may be claimed as income tax credit on Form 4136,  Credit for Federal Tax Paid on Fuel(PDF).

Note that a credit or refund is not allowable for the following:

· Any use in the propulsion engine of a registered highway vehicle, even if the vehicle is used off the highway·   Any fuel that is lost or destroyed through fire, spillage, or evaporation·         Any use of dyed diesel fuel or dyed kerosene. In fact, you may be subject to a substantial penalty if you use dyed fuel as a fuel in a registered diesel-powered highway vehicle
It is important to keep records to support your claim. Keep these records at your principal place of business. These records should establish the number of gallons used during the period covered by the claim, the dates of purchase, the names and addresses of suppliers and amounts bought from each in the period covered by the claim, the purposes for which you used the fuel, and the number of gallons used for each purpose.

**If you use propane or other special fuels in registered highway vehicles, you may be liable for tax on this use.

With TaxExcise.com it is easy to e-file Form 2290 and Form 8849 Refund Claims of Excise Taxes.
Give it a Try for Free and pay only if you print or e-file with the IRS. Experience the difference only with www.TaxExcise.com

www.TaxExcise.com is committed to provide the Best in Quality and Service for all our users,  www.Tax2290.comwww.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 2290Form8849 & for  Form720.
www.Tax2290.comwww.TaxExcise.com are products of Think Trade Inc. We are a BBB accredited company with A+ certification. For any queries please reach us at 1-866-245-3918 or simply write to us at support@taxexcise.com.