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Enhancing Heavy Vehicle Use Tax Compliance

As all can imagine, it is difficult for the federal government to force cooperation with the heavy vehicle use tax. Yet, it is vital to the many roadway organizations and funds that state agencies remain in compliance with HVUT standards in order to maintain and conserve our national roadways. The Federal Highway Administration of the US Department of Transportation has taken multiple proactive actions to better enhance HVUT compliance throughout the nation. Although the responsibility largely falls...

What is a Stamped Schedule 1 and Why is it Needed?

First, let me explain, there is a difference between your 2290 return and the Stamped Schedule 1 received when your return is accepted by the IRS. This Stamped Schedule 1 document is important because it serves a twofold purpose. When you receive your Schedule 1, whether by fax, email or directly from your local IRS department building, you will notice it has a watermark in the background. In the past Schedule 1 was physically stamped and mailed...

IRS HVUT Tax Form 2290 – All Information Required to Efile Tax 2290

Every owner who registers heavy highway vehicle in their name must file IRS Tax Form 2290 and pay tax for any truck with a gross weight of 55,000 pounds or more. Those who own and operate vans, pickup trucks, panel trucks and similar trucks are not required to file IRS Tax Form 2290 and pay heavy vehicle use tax. Trucks that are used below 5000 miles or less (7500 for farm trucks) are excluded from this tax. Those who have to report...