Category Archives: American Trucking

Types of Refund Claims available with Form 8849 Schedule 6

Hey there truckers, we hope this article reaches you in high spirits. We’re sure that you know almost everything about a HVUT Form 2290. Although, we also feel that you must know about the Form 8849 Schedule 6 (Claim for Refund of Excise Taxes) to claim refunds on a vehicle that was earlier reported on a Form 2290. Continue reading

There is no option in Form 2290 to extend the Deadline like Form 1040 does!

Hey there truckers, we hope this article reaches you in high spirits. We all know that you stay ever busy on the road serving the nation’s needs on time. However, it is always been our duty to save many hardworking truckers across the nation to face any litigation with the Internal Revenue Service at least with their Heavy Vehicle Used Tax Form 2290. Continue reading

Your Pro-rated HVUT Form 2290 is due in 4 days. E-File soon!

Federal law states that HVUT Form 2290 is due on a vehicle by the last day of the month following the month of its first use. On that basis the Form 2290 is due now by March 31st, 2018 for vehicles first used since February 2018.   Continue reading

Need to Report an Increase in the gross weight for your truck? Here’s how!

Hello there truckers, we hope you are reading this article at high spirits. Well, over this article we are going to discuss on a common question that arises for a Trucker, That how do I report a change on the vehicle gross weight. Perhaps we claim that is even simpler than you can ever imagine. Continue reading

Things you need to know beforehand about Form 2290!

What is a Form 2290?

Form 2290 is the form that is been used to File & Pay the Heavy Highway vehicle Used tax also abbreviated to be HVUT which is a federal tax that is due annually and payments are made to the U.S. Department of Treasury. However, on this matter the Internal Revenue Service represents the show as they are solely responsible for the entire governance of this tax.

Who Must File?

Well when we call it a Heavy Highway Vehicle Used tax, it clearly states these taxes are only concerned with Heavy vehicle which must comprise a minimum total gross weight of 55000 lbs i.e., (The weight of the tractor+ weight of the Loaded Trailer) and the same has been used over the public highway for multiple purposes such as Commercial Hauling, Agricultural, logging & so on. However, the IRS has drafted guidelines to differentiate the tax dues amongst the nature of duty that each heavy vehicle performs.

When is the Form 2290 Due?

Federal law states that Form 2290 must be filed on a vehicle by the last day of the month following the month of its first use. Else, these taxes are generally due by June and its payable until the end of August of every year.

How much is the Tax amount by the way?

The Tax due varies upon the gross weight of a desired Vehicles and the distance traveled within a respective HVUT tax period.  Below 55,000 pounds do not have HVUT because they do not qualify as a heavy vehicle. Vehicles between 55,000 and 75,000 pounds owe $100, plus $22 per 1,000 pounds over 55,000 pounds. Finally, for vehicles that are over 75,000 pounds the maximum HVUT is $550 per year.
Who is Exempt from HVUT?      

Although it is rare, some Vehicles that fit the above description may be exempt from the HVUT and Filing requirements of HVUT Form 2290. To officially be exempt from filing Form 2290, the vehicle must be owned and operated by the following:

  • The Federal Government
  • The District of Columbia
  • State or local government
  • American National Red Cross
  • Non-Profit Volunteer Fire Department, Ambulance Association, or Rescue Squad
  • Qualified Blood Collector Vehicles
  • Mobile Machinery that meets specifications for a chassis
  • Indian Tribe Government (Only if the Vehicle is Used for essential Tribe or Government Function)
  • Mass Transportation Authority (Only if granted certain powers normally exercised by the state)

 

Reach us back for any further assistance over the following mediums:

Phone: (347) 515-2290 [Monday through Friday, 9 A.M to 5 P.M, Central Standard Time]

E-mail: support@truckdues.com

Live chat with our tax representatives.

Have a Good One! See you over the next article.

 

Truckdues.com wishes everyone a Happy President’s Day 2018.

“Associate with men of good quality if you esteem your own reputation; for it is better to be alone than in bad company”

There are many fascinating events and people that make up American history. Some events have changed the very ways that American values have formed and many people have risen to the challenges of their time to make a better country for every American citizen. George Washington was one of those people. He is widely known as one of the founding fathers of America.  Continue reading

Truckdues.com wishes everyone a Happy Valentine’s Day in Advance!

Life is Eternal, Love is immortal. Sharing your Love with others will strengthen the love you have for yourself. Many people around the world celebrate Valentine’s Day by showing appreciation for the people they love or adore. Some people take their loved ones for a romantic dinner at a restaurant while others may choose this day to propose or get married. Many people give greeting cards, chocolates, jewelry or flowers, particularly roses, to their partners or admirers on Valentine’s Day. Continue reading

Attention! Form 2290 deadline approaching soon in fortnight this New year.

The Form 2290 HVUT tax returns are due by the end of this month for vehicles that are into service beginning December 2017. Penalties for HVUT non-compliance are serious money; it is equal to 4.5 percent of total tax due, assessed on a monthly basis up to five months. Late filers who don’t make an HVUT payment also face an additional monthly penalty equal to 0.5 percent of total tax due. Additional interest charges of 0.54 percent per month accumulate as well. Continue reading

The IRS E-File servers will be Shut Down due to Maintenance by Today! E-File Soon!

Attention truckers, The IRS e-File servers will be shut down due to Scheduled annual maintenance by 11:59 A.M Eastern Standard Time. Any E-Filed tax return during this maintenance period will place your tax returns on hold until the IRS officially recommences full operations which is not expected to happen until the 1st week of January 2018.

The IRS on-line servers will go off-line every year right after Christmas since they had to upgrade the servers to improve functionality and to make the servers adoptable to accept Future Year’s tax returns. i.e., (For the Period beginning July 1st, 2018 through June 30th, 2019)

This sounds to be good however, this could be a real hindrance when we have situation to E-File our Pro-rated tax returns for the Period beginning December 1st, 2017 through June 30th, 2018. Form 2290 must be filed on a vehicle by the last day of the month following the month of its First Use. On this basis Form 2290 is due by December 31st, 2017 for vehicles first used since November 2017.

Truckers, please take this article into serious consideration and we hope that you have already e-filed your tax returns. Else, you might want to wait until the IRS recommences their Full operations. Also, Truckdues.com will not hold any responsibility for the delay in processing any tax returns which were filed during this maintenance period.

Please feel free to reach our support team @ (347) 515-2290 [9. AM through 5 PM, Central Standard Time including weekends and all major federal holidays] or write us: support@truckdues.com or Live chat with our support team for instant help.

Best Gifts to Buy for your Trucker during this Holiday Season.

Less than 4 days to go and it’s Christmas once again! We bet you are already shopping gifts for your loved ones. One must seriously consider that not everyone gets a chance to stay with their loved ones during holidays like Christmas. Well, for truckers who work really hard to serve our nation’s needs it’s hard for them to get a great opportunity to spare time to think what would be bottom-line thought to plan ahead for Christmas 2017. Hence, for those who have a Trucker of your life, kindly consider gifting few items which would ease their hard working journey. Continue reading