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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...

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,...

FAQs for Truckers Who e-file IRS HVUT Form 2290

HVUT Tax is one of the most important taxes collected by the IRS. People who own trucks that ply on public highways are supposed to pay this tax for the maintenance of the highways. When do I need to file the Form 2290? The Form 2290 needs to be filed for each month from the time a taxable vehicle is used on public highways in the active tax period. Tax periods begin from the 1st of July...

Unique Employer Identification Number or EIN to Efile Form 2290

Most business-related IRS tax forms require the taxpayer’s EIN, or employer identification number. The Employer Identification Number is also known as the Federal Tax Identification Number used to identify a business. Most business are required to have an EIN because it demonstrates the Internal Revenue Service’s approval of a given company. Here is the criteria that requires a business to be in possession of an EIN: having employees on payroll, operating a business as a corporation or...