Showing posts with label 2290 IRS payment online. Show all posts
Showing posts with label 2290 IRS payment online. Show all posts

Monday, August 1, 2011

Why you need to file IRS Form 2290(Federal Heavy Vehicle Use Tax Return)


To file your HVUT with the IRS using Form 2290, it is very important that you keep accurate records, just like you would when filing any other type of tax return. It is crucial for anyone filing form 2290 to maintain their records for at least the prior 3 years for any taxable highway vehicles registered to them. For fleet owners and small trucking companies who have filed form 2290 in the past, it is wise to always keep the 2290 records on hand, as one never knows when IRS inspection may take place. It is even important to save these returns if they are only for a part of a year. In the case of a suspended vehicle (public highway use was less than 5,000 miles/year) it is still necessary to keep records of Form 2290’s filed for them as well.

You will need to gather the following information before filing form 2290 to accelerate the filing process.  You will need a description of all vehicles for which you are filing as well as a VIN (Vehicle Identification Number) for each one. You will also need to know the gross taxable weight of the vehicle.  It is also necessary to report the date the vehicle was acquired, as well as the name and address of the previous owner. The fist use month for the taxable period is also required for reporting. If a vehicle is considered to be suspended, keep a record of actual highway mileage. If the vehicle is an agricultural vehicle, then keep accurate records of the number of miles it is driven on a farm or field.

Keeping proper records of your 2290 information will be a great help to you in the unfortunate event of an audit.  It will also make the task of filing this form much easier.   

ExpressTruckTax.com is an IRS authorized E-File provider who can help you file form 2290 as well as keep secure online records of previously filed form 2290’s. For more information on the 2290 filing process, heavy vehicle use tax, IRS payment methods, etc visit the Express Truck Tax website or call our Truck Tax experts at 704-234-6005. You can also email any questions to support@ExpressTruckTax.com.

Wednesday, July 6, 2011

IRS Payment of HVUT (IRS Form 2290)


If you owe taxes for filing your IRS Form 2290 through ExpressTruckTax.com there are several payment methods currently accepted by the IRS.  These include: Electronic Funds Withdrawal, EFTPS, or Check or Money Order

If You choose to pay by Electronic Funds Withdrawal, you may pay using either a checking or Savings Account.  You will need to enter the US Bank Account Number and Routing Number in order for the IRS to process the payment.  This information is typically listed on a check.

EFTPS, or Electronic Federal Tax Payment System, is a government website that allows taxpayers to schedule Federal Tax Payments electronically.  In order to make payments using EFTPS.gov you must complete the EFTPS registration process, which can take 5-7 business days.

Lastly, you may pay by mailing a check or money order to the IRS. If mailing your payment, you must include the 2290V, or payment voucher, with your payment. You may download a completed 2290V, including mailing instructions, directly from your ExpressTruckTax account.