Hello taxpayers! While this spooky season brings costumes and candy, it’s also time for some important tax deadlines. Don’t let them haunt you! October 31, 2024, is the last date for several tax forms like Quarterly Federal Excise Tax Form 720 and IFTA returns for the third quarter of this tax year. Also, Highway Heavy Vehicle Use Tax Form 2290 for September used trucks is due on a pro-rated basis on the same date. So, truckers and federal excise taxpayers shouldn’t miss the deadline to fulfill their tax obligations, pay the tax dues, and ensure compliance on time. Since the deadline is almost here, you don’t have to worry! E-file your tax reports in TaxExcise.com and get instant acknowledgment immediately.
E-file quarterly federal excise tax Form 720 for the third quarter before the deadline.
The quarterly federal excise taxes are imposed on certain goods, commodities, products, and services, including transportation-related activities, indoor tanning services, communication services, environmental taxes, usage of chemicals, and varieties of other items. Businesses, dealers, and sometimes consumers of these services, products, and goods are entitled to report and pay taxes every quarter using the IRS Form 720. The last date to report the quarterly federal excise tax Form 720 is the end of the following month every quarter. The deadline for the third quarter is October 31, 2024. So, eligible taxpayers must report and pay Form 720 online on TaxExcise.com to have a smooth and tension-free tax filing experience and get an instant acceptance directly to your email.
Prepare your IFTA reports online and file them at your base jurisdiction now.
If you are an IFTA taxpayer, October 31, 2024, is the due date for the third quarter. Therefore, you must prepare your IFTA reports and file them before the deadline. As e-filing IFTA taxes is not possible, you can prepare your IFTA tax reports accurately on our platform print and paper filing them. TaxExcise.com offers smooth and convenient IFTA tax preparation for interstate motor carrier operators. Once you successfully prepare your tax reports online on TaxExcise.com, you can download and print them and file them at your base jurisdiction.
E-file Form 2290 HVUT for Vehicles First Used in September 2024.
The last date to report IRS Form 2290 for September used heavy vehicles is October 31, 2024. As per IRS regulations, for heavy vehicles used away from the beginning of the tax period, Form 2290 HVUT returns are charged based on the vehicle’s first used month. So, the truckers can only report and pay the tax dues for the time they operate the heavy vehicles on public highways. Form 2290 pro-rated taxes are calculated from the vehicle’s first used month till the end of the ongoing tax period. The last date to report pro-rated truck tax is the end of the following month of the vehicle’s first used month. Hence, truckers with September used vehicles should estimate their 2290 tax returns from September 2024 to June 2025 and report them by October 31, 2024. So, E-file your pro-rated Form 2290 before the deadline and get the instant Schedule 1 copy straight to your registered email address.
Our friendly customer support team is available to answer your questions about deadlines and federal excise tax forms. Call 1-866-245-3918 (toll-free) from 8 AM to 6 PM EST on all business days, or email us at support@taxexcise.com.