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Avoid IRS Speed Trap with TIN Verification – Etax2290

A professional trucker is in need of Schedule 1 to stay on the road. But the IRS rejects their filed Form 2290 and specifies. “Database validation error”. This is because the name of the business does not match with the Employer Identification Number (EIN) else the EIN is brand new and not activated in the IRS database. Therefore, the trucker wants to refile the HVUT 2290 Form again by correcting the information. This act requires lots of...

Who Must File HVUT Form 2290?

Heavy Vehicle Use Tax Form 2290 is a tax return on heavy motor vehicles, which is operated on the public highways for transportation whose gross weight is 55,000 or more. The gross weight of the taxable vehicle to file the Form 2290 is determined by summing up the following factors: The actual weight of the unloaded vehicle that is used for the service. Actual weight of the vehicles such as trailers and semitrailers set with the service...

IRS Payment Methods to E-File Form 2290 Online

We have discussed a lot about various topics that are related to Form 2290, so this time lets us throw some light on the payment options when you file your HVUT tax online. Technology simplified many things in different field and taxation field is not exceptional to that, as it turned manual paper filing into e-filing. Furthermore, now you have multiple IRS payment options to pay your tax amount to the IRS. These options could save much...

How to Apply for an EIN – Ways to Apply for an EIN

An Employee Identification Number (EIN) is an identity used by the Internal Revenue Service (IRS) for businesses and other entities. Every business in the country needs an EIN even though they do not have any employees. For instance, before you apply for a business checking account many banks require an EIN. EIN is primarily used for employment tax identification purposes and also an EIN can be used as a general tax number. Before applying for an EIN,...

How Important is the Trucking Industry to the US?

In the economy of United States of America, trucking industry plays a vital role. Other industries rely more on the trucking industry to take the goods from them and deliver the goods to their clients/markets. Each and every product that you use in daily routine is carried by trucks whether it is a raw material or an end product. Our daily activities are undisturbed because of the contribution of the truck drivers. Importance of Trucking Industry in...

10 Tips to Keep Drivers Healthy on the Road – Etax2290

Trucking is one of the most difficult jobs as they spend more hours traveling on the open road. This continuous work may harm physical and mental effects on a driver’s health. In this article, we are going to discuss about top ten tips to keep the drivers healthy on the road and also assist in combating the negative effects of trucking. Wellness program Wellness program can be an effective method to maintain a healthy lifestyle. The programs...

Transferred Truck During 2290 Tax Year

The trucking industry is one of the vast industries in the nation and the activities to carry out here is more. Hence it needs some basic understanding before stepping into the trucking industry. There are many cases or scenarios that you need to come across when you are in this industry. Let us check out various scenarios one-by-one. As a first step, let us check the case when the truck is transferred during 2290 tax year. How...

2290 Form Late Penalty for 2018

Do you know paying your Form 2290 late is more expensive?Puzzled? Yeah, it is like paying extra dollars for your ignorance. If you want to make your tax filings expensive than the normal then go beyond the due date. The IRS is keenly observing the tax filers and their submissions. If you are filing your form or paying the tax rate, then you are attracting the IRS penalties towards yourself. Types of Penalties and Interests: As a...

How To File Form 2290 Amendments with Etax2290?

Before starting Form 2290 amendment, you need to know why an amendment is needed and when it is used? Common reasons for Form 2290 amendments are: VIN (Vehicle Identification Number ) Correction, Increase in taxable gross weight of the vehicle and exceeded mileage. VIN correction is the most common and repetitive errors and the VIN can be corrected at no additional cost at Etax2290.com. The IRS matches the filed VIN, when the VIN does not match with...

E-filing 2290 Tax Return – Fastest Stamped Schedule 1

IRS  2290 Form is a federal excise tax paid every year on heavy motor vehicles with gross weight of 55,000 pounds or more. All the inter-state and intra-state registered vehicles pay this tax to the Internal Revenue Service. The American Association of State Highways Official discovered this Heavy Vehicle Use Tax (HVUT) in the late 90’s as the heavyweight trucks caused most of the damage to the public highways. All the truckers, drivers, or the owners of...