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IRS Form 2290: Why is it so Important?

The Heavy Vehicle Use Tax or HVUT is a federally mandated tax that is placed on all vehicles that weigh 55,000 pounds and more than that are used on state highways throughout the US; if you are a truck driver or owner and run a business that utilizes larger trucks it is your responsibility to file for this tax with a Form IRS 2290. Until recently, there was a time consuming process that took a number of weeks to complete...