Who will forget 2:56 UTC July 21, 1969? Yes that is when a representative on mankind Neil Alden Armstrong stepped on the surface of moon and took a walk. The entire voyage to the moon faced a lot of obstacles, they had landing problems, they even went low on fuel and its also said that Armstrong’s heart beat touched 110 beats per minute during the launch of Apollo 11. He faced all these troubles and the result was fruitful, the entire world remembers him till date. Continue reading World loves the First, which is Always the Best
Nothing could be rated down than slipping a love-wrapped gift to your better half. You might be in love or in a relationship. May be married even! The timely gift speaks your love for her/him. Romantic time in your life comes often. Let’s make this Feb-14, a little more special. Being well-wisher of truckers, we can simply feel your rough task to roam around the city. How bad it would be missing your loved one. Why can’t you make much outta this day? We know when it comes to money or relationship, you will choose relationship. Yes! Relationships are important too.
If your valentine stays home (Gifts for women):
Do take some little time to know what’s going on her life, when you are away from home. Check out whether she has proper food diet, while she misses you. Realize the efforts she puts in to bring up your children on her own. Know her wishes and take this chance to fulfill them.
Some gift ideas:
- A hand-written letter, closer to her heart.
- Candies & chocolates
- A beautiful dress that she love to wear
- Booking for a relaxing spa or a romantic movie
- Personalized gifts like photo printed Tees, photo frames and coffee cup
- A candle light dinner
We personally don’t believe in gifting flowers or candies to women. Not all the women love flowers. Some may treasure it, while others look for some expensive kinda gift. So open your purse at least now!
These gifts could be attractive. But remember no gift would be greater than your presence.
If your valentine trucks (Gifts for men):
Before you make any plan for this day, just think off how your true love suffers all the time in huge traffic, irritating noise from blowing horns, driving long hours gearing it apt for winter etc., Get to know his pains. Now your mind says, “Let me ease his pain by showering loads of love” And it is valid to plan for the day.
- Present him an all new love-photo of you couples that could make him think of him at anytime he sees that.
- Prepare a special meal on the day. It’s better to bake something he preferably likes.
- If he has to run behind the wheel, then pack those dishes shaping up them in to heart form. In times, it may even end up in the shape of lungs or liver. Doesn’t matter!! Love that counts J
- A music player gift, Old idea but still makes perfect sense. Utility matters
- You might belong to any community. Get your god’s perfect love book, which would not be a trouble to carry along trucking.
God’s perfect love books!
In the mean time, make some ample time love your country too. Pay taxes on time or file an extension to avoid penalties. Happy e-filing!
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.
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WASHINGTON — In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due refund checks this year that could not be delivered because of mailing address errors.
Undelivered refund checks average $1,547 this year.
Taxpayers who believe their refund check may have been returned to the IRS as undelivered should use the “Where’s My Refund?” tool on IRS.gov. The tool will provide the status of their refund and, in some cases, instructions on how to resolve delivery problems.
Taxpayers checking on a refund over the phone will receive instructions on how to update their addresses. Taxpayers can access a telephone version of “Where’s My Refund?” by calling 1-800-829-1954.
While only a small percentage of checks mailed out by the IRS are returned as undelivered, taxpayers can put an end to lost, stolen or undelivered checks by choosing direct deposit when they file either paper or electronic returns. Last year, more than 78.4 million taxpayers chose to receive their refund through direct deposit. Taxpayers can receive refunds directly into their bank account, split a tax refund into two or three financial accounts or even buy a savings bond.
The IRS also recommends that taxpayers file their tax returns electronically, because e-file eliminates the risk of lost paper returns. E-file also reduces errors on tax returns and speeds up refunds. Nearly 8 out of 10 taxpayers chose e-file last year. E-file combined with direct deposit is the best option for taxpayers to avoid refund problems; it’s easy, fast and safe.
The public should be aware that the IRS does not contact taxpayers by e-mail to alert them of pending refunds and does not ask for personal or financial information through email. Such messages are common phishing scams. The agency urges taxpayers receiving such messages not to release any personal information, reply, open any attachments or click on any links to avoid malicious code that can infect their computers. The best way for an individual to verify if she or he has a pending refund is going directly to IRS.gov and using the “Where’s My Refund?” tool.
Source: www.irs.gov Issue Number: IR-2011-113
While the majority of Americans get a tax refund from the Internal Revenue Service each year, there are many taxpayers who owe and some who can’t pay the tax all at once. The IRS has a number of ways for people to pay their tax bill.
The IRS has announced an effort to help struggling taxpayers get a fresh start with their tax liabilities. The goal of this effort is to help individuals and small business meet their tax obligations, without adding unnecessary burden. Specifically, the IRS has announced new policies and programs to help taxpayers pay back taxes and avoid tax liens.
Here are ten tips for taxpayers who owe money to the IRS.
- Tax bill payments If you get a bill this summer for late taxes, you are expected to promptly pay the tax owed including any penalties and interest. If you are unable to pay the amount due, it is often in your best interest to get a loan to pay the bill in full rather than to make installment payments to the IRS.
- Additional time to pay Based on your circumstances, you may be granted a short additional time to pay your tax in full. A brief additional amount of time to pay can be requested through the Online Payment Agreement application at www.irs.gov or by calling 800-829-1040.
- Credit card payments You can pay your bill with a credit card. The interest rate on a credit card may be lower than the combination of interest and penalties imposed by the Internal Revenue Code. To pay by credit card contact one of the following processing companies: Link2Gov at 888-PAY-1040 (or www.pay1040.com), RBS WorldPay, Inc. at 888-9PAY-TAX (or www.payUSAtax.com), or Official Payments Corporation at 888-UPAY-TAX (orwww.officialpayments.com/fed).
- Electronic Funds Transfer You can pay the balance by electronic funds transfer, check, money order, cashier’s check or cash. To pay using electronic funds transfer, use the Electronic Federal Tax Payment System by either calling 800-555-4477 or using the online access at www.eftps.gov.
- Installment Agreement You may request an installment agreement if you cannot pay the liability in full. This is an agreement between you and the IRS to pay the amount due in monthly installment payments. You must first file all required returns and be current with estimated tax payments.
- Online Payment Agreement If you owe $25,000 or less in combined tax, penalties and interest, you can request an installment agreement using the Online Payment Agreement application atwww.irs.gov.
- Form 9465 You can complete and mail an IRS Form 9465, Installment Agreement Request, along with your bill in the envelope you received from the IRS. The IRS will inform you (usually within 30 days) whether your request is approved, denied, or if additional information is needed.
- Collection Information Statement You may still qualify for an installment agreement if you owe more than $25,000, but you are required to complete a Form 433F, Collection Information Statement, before the IRS will consider an installment agreement.
- User fees If an installment agreement is approved, a one-time user fee will be charged. The user fee for a new agreement is $105 or $52 for agreements where payments are deducted directly from your bank account. For eligible individuals with lower incomes, the fee can be reduced to $43.
- Check withholding Taxpayers who have a balance due may want to consider changing their W-4, Employee’s Withholding Allowance Certificate, with their employer. A withholding calculator atwww.irs.gov can help taxpayers determine the amount that should be withheld.
For more information about the Fresh Start initiative, installment agreements and other payment options visit www.irs.gov. IRS Publications 594, The IRS Collection Process, and 966, Electronic Choices to Pay All Your Federal Taxes, also provide additional information regarding your payment options. These publications and Form 9465 can be obtained from www.irs.gov or by calling 800-TAX-FORM (800-829-3676).
If you have any Excise Tax claims with the IRS, use http://www.taxexcise.com The ONE STOP SHOP for all your Excise Tax needs. For any further support call us at 1-866-245-3918 or simple write to us at support@taxExcise.com
- Publication 594, The IRS Collection Process (PDF)
- Publication 966, Electronic Choices to Pay All Your Federal Taxes (PDF)
- Form 9465, Installment Agreement (PDF)
- Excise Tax Blog, click here
Issue Number: IRS Summertime Tax Tip 2011-14