In general, an excise tax is a tax is imposed on the sale of specific goods or services, or on certain uses. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services. The IRS Federal Excise Taxes are reported at end of every quarter, this is the time for third quarter federal excise taxes and November 1, 2021 is the deadline.
Businesses that are subject to excise tax generally must file a Form 720, Quarterly Federal Excise Tax Return to report the tax to the IRS. Choose electronic filing to complete the quarterly excise tax returns at TaxExcise.com.
Time for the third quarter excise tax filing and the excise taxpayers check out TaxExcise.com to electronically complete the tax form 720 and pay the taxes with the IRS. Electronic filing is easy, fast and safe; you can complete it in just minutes and submit your 720 return with the IRS online and receive the acceptance instantly. Electronic filing here at TaxExcise starts at $29.99 for a zero liability return, otherwise it would be $49.99.
TaxExcise offers you the priority electronic filing for the excise taxpayers also the easiest and fastest way of reporting quarterly excise tax returns with the IRS. It is also easy to start with electronic filing, register in TaxExcise with your preferred user name, password and complete your 720 tax returns in minutes.
truckers, the deadline is just around the corner and it is just a day to go. August 31, 2021 is the due date and the Federal Vehicle Use Tax Form 2290 has to be reported and renewed with the IRS. The stamped Schedule 1 copy acts as a proof of payment of this HVUT returns. At TaxExcise.com you can complete it in minutes and receive the Schedule 1 copy instantly.
2290 tax due for 2021
Electronic Filing for 2290 Tax Reporting
Form 2290 and Schedule -1 could be prepared and reported electronically with the IRS, anyone who requires to file 2290s can use Tax2290.com to file it electronically. However IRS makes it mandate for fleet owners or vehicle operates reporting 25 or more vehicles in a tax return. Electronic filing is safe, secured and fast; quickest way of filing 2290 returns with the IRS. Electronic filing gives multiple option to pay taxes you owe, direct debit (EFW) or EFTPS enables online payments.
Benefits of Form 2290 Electronic Filing.
The foremost is receiving back your IRS stamped Schedule-1 proof instantly, IRS could receive your returns and process it faster than any other way of filing. Choosing online filing or electronic filing eliminated all possible human errors that could happen in a tax return. Let see some of the larger benefits of e-filing with Tax2290.com
Faster PROCESSING – e-filed returns are processed much faster than paper filed returns.
Proof of Receipt – confirmation that your return was received and accepted, IRS stamped Schedule-1 proof is sent to your mail inbox immediately.
Instant Text Alert – Text Alert on return status once there is an update from IRS
FAX copies – receive copies of your Schedule-1 to your FAX instantly and a copy to your email inbox.
Convenience – available online 24 hours a day, 7 days a week. File your 2290 tax returns any time. File amendments and correction on the same day, in less than an hour.
Ease of use – user friendly, with step-by-step instructions and clear screens indicators to walk you through the filing process. E-file is a cake-walk
Greater Accuracy in Processing – zero down math errors because Tax2290.com software catches many mistakes and will not sent an incomplete return to IRS.
Pay Right – while you e-file you pay the tax that you owe not extra or less.
Electronic Payment – convenience of direct withdrawal of tax due and EFTPS option to make payments.
Less Hassle, No Mails – no mailing of paper returns and waiting for mails for weeks, everything is managed electronically and digitally.
Security – safer than mailing your tax return and sent right to the IRS server no more data loss.
Avoid paying extra – when you e-file you can make sure your return reaches them well in the time frame no late penalties or late filing charges.
Import tax return – you could import the tax returns from your previous years and no need to look around for details in your files.
Bulk Upload – when you file for larger fleets you can bulk upload the VIN# from your excel spread sheet and no need of keying in one after the other.
No more typos – while you e-file you won’t get typos such us 1 for I or 0 for o etc.
Electronic filing is by and large the best way of reporting 2290 heavy vehicle use tax returns with the IRS and through Tax2290.com you get the best available resources. The most trusted and rated website since 2007.
Your continuous support keeps us energetic and edifies us towards a common goal “Service Excellence”. We’re grateful to our users continuously using our service and keeping us ahead, we’re always there to help you and walk you through the electronic filing process, this time we have put in more efforts to make it much simpler than ever and to take off your tax stress away. Be the early bird and file form 2290 return today. Tax2290.com recommends all the truckers to efile their return online at the earliest in order to stay on safer grounds.
Call us at 1-866-245-3918 or mail us at support@taxexcise.com for any suggestion and queries. Rest assured, our Tax Experts would never let you go wrong!
Truckers, the IRS Tax Form 2290 and Schedule 1 are now due for the Tax Year that started in July 2021 through June 2022. August 31, 2021 is the due date, choose electronic filing to report and pay the Federal Heavy Vehicle Use Taxes with the IRS. TaxExcise.com bring you the best service, our support agents are working round the clock to guide you through your 2290 reporting process. Act fast and you just have couple of weeks to have this done.
Form 2290 and Schedule 1 Proof Receipt:
Anyone who has registered or is required to register a heavy highway motor vehicle with a taxable gross weight of 55,000 pounds or more in their name at the time of first use on the public highways during the reporting period must file Form 2290, Heavy Highway Vehicle Use Tax Return.
