Tag Archives: e-file 2290

Common Errors and Resource Center, Electronic Filing or E-filing, Form 2290 Efile, Form 720 Quarterly Excise Tax Efile, IRS Tax Tips and Alerts

Stress free way to manage IRS tax penalties and Interests.

If you are one among them who say, “It’s difficult to deal with IRS” or who feel stressed away with charges, then this is exactly for you. You often hear your mind chanting it when you are caught up with bills, penalties or interest by IRS. Let’s quickly explore the possible ways for IRS penalties reliefs in few seconds.

Know how

  • As a general rule, you have to request IRS at once to eliminate tax penalty charges billed upon you. IRS also looks for some basic documentation while accessing your case.
  • No standardized IRS form or confusing formats to fill your tax relief request. If you have valid documentation to substantiate for not filing or paying on time, write it down. Whatever that delayed your action! But not that you have been to honeymoon! Be as explicit as possible. So when IRS looks at your case, it is likely to deal your case quickly.
  • For Example, IRS will remove your penalty without question if you could verify your family death, which stopped you from filing on time.
  • Commit to memory that there is certain IRS penalty relief regulation for Internal Revenue Service to allow partially or completely waive your penalty charges.
  • By default, check twice that you own all those photocopies which witness the communication between you & IRS, if possible originals & phone correspondence too.

In most cases, unless you show that the IRS made a glitch, you owe the amount of interest. Also remember IRS looks at interests and penalties separately. Penalties are bit easier than interest to eliminate.  If you still deny penalties and interest, bankruptcy can merely help you, which can be applied only during extreme circumstances. So, why such trials? To avoid complication, file your taxes at Taxexcise in time. Give us a call at 1-866-245-3918 for any questions, no matter when!

Due Dates, Federal Excise Tax Electronic Filing, Form 2290 Efile

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.

Federal Excise Tax Electronic Filing, IRS Tax Tips and Alerts

IRS Gives Truckers Three-Month Extension; Highway Use Tax Return Due Nov. 30

Date: July 16th, 2011.

 

Authorized E-File Provider
www.TaxExcise.com

 

 

The Internal Revenue Service today advised truckers and other owners of heavy highway vehicles that their next federal highway use tax return, usually due Aug. 31, will instead be due on Nov. 30, 2011.

Because the highway use tax is currently scheduled to expire on Sept. 30, 2011, this extension is designed to alleviate any confusion and possible multiple filings that could result if Congress reinstates or modifies the tax after that date. Under  temporary and proposed regulations filed today in the Federal Register, the Nov. 30  filing deadline for Form 2290, Heavy Highway Vehicle Use Tax Return, for the tax period that begins on July 1, 2011, applies to vehicles used during July, as well as those first used during August or September. Returns should not be filed and payments should not be made prior to Nov. 1.

To aid truckers applying for state vehicle registration on or before Nov. 30, the new regulations require states to accept as proof of payment the stamped Schedule 1 of the Form 2290 issued by the IRS for the prior tax year, ending on June 30, 2011.  Under federal law, state governments are required to receive proof of payment of the federal highway use tax as a condition of vehicle registration. Normally, after a taxpayer files the return and pays the tax, the Schedule 1 is stamped by the IRS and returned to filers for this purpose.  A state normally may accept a prior year’s stamped Schedule 1 as a substitute proof of payment only through Sept. 30.

For those acquiring and registering a new or used vehicle during the July-to-November period, the new regulations require a state to register the vehicle, without proof that the highway use tax was paid, if the person registering the vehicle presents a copy of the bill of sale or similar document showing that the owner purchased the vehicle within the previous 150 days.

In general, the highway use tax applies to trucks, truck tractors and buses with a gross taxable weight of 55,000 pounds or more. Ordinarily, vans, pick-ups and panel trucks are not taxable because they fall below the 55,000-pound threshold.

For trucks and other taxable vehicles in use during July, the Form 2290 and payment are, under normal circumstances, due on Aug. 31. The tax of up to $550 per vehicle is based on weight, and a variety of special rules apply to vehicles with minimal road use, logging or agricultural vehicles, vehicles transferred during the year and those first used on the road after July.

Last year, the IRS received about 650,000 Forms 2290 and highway use tax payments totaling $886 million. Get ready for the new tax year 2011-12, efile through www.TaxExcise.com. Call our Support Center at 1-866-245-3918 or write to us support@taxexcise.com for any further support. We are always happy to help you through in your tax return efiling.