Tag Archives: IRS shutdown

It’s the last day to E-File your Pro-rated HVUT Form 2290 for vehicles first used in Dec 2018!

Hello there Truckers, Today is the last day to E-File your Pro-rated HVUT Form 2290 (For the Period beginning Dec 2018 through June 2019) to the IRS. This deadline is only applicable for vehicles which are purchased/re-purchased and been used on the road since Dec 2018.

Basically the HVUT Form 2290 is due by the month of June and its payable until the end of August. However, if any vehicles are purchased at the middle of a respective tax period the said vehicle is liable to be reported on the Form 2290 on a Pro-rated basis before the last day of the month following the month of its first use.

On this basis, the Pro-rated Form 2290 would be due by January 31st, 2019 for vehicles which are into service from December 2018. However, before filing your pro-rated HVUT you must be able to guess the number of miles the truck would travel during the respective tax period it’s reported for.

The Internal Revenue Service sets the desired mileage of exemption to be 5000 miles (For commercial & logging vehicles) and 7500 miles (For Agricultural Vehicles). Now if the subjected vehicles seems not to exceed this mileage limit based on its nature of purpose it remains exempt from paying taxes to the IRS however the tax return needs to be filed to report an exemption.

On the other hand if the vehicles does seem to exceed the mileage of exemption for the period its intended to be reported, you’ve got to make the tax payment full in advance to the Internal revenue service. Soon as you e-file your tax return, you will receive the IRS digital watermarked copy of schedule 1 in your registered e-mail address.

Feel free to 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.

Did you know an EIN recognition period can be prolonged due during the Government Shutdown?

Hey there truckers, we got to let you know about one of the major impact of the recent government shutdown over your HVUT Form 2290 filings. The federal law states that you must wait until 15 business days (Excluding the weekends & Federal Holidays) before you could use your newly acquired EIN over any e-filed tax returns.

Now as that the government shutdown still persists, it seems to have a direct impact on the EIN maturity tenure. We have been told that 15 days period remains non accountable if the EIN was applied during the course of the government shutdown. So the 15 business days waiting period is even more extended without any further notice until the Government officially ceases its shutdown.

Now due to this fact, a large number of truckers who recently applied for a New EIN are facing rejections on their Form 2290 application from the IRS due to non-recognition of the EIN despite the fact that the EIN is at least 15 business days older, now this evidently delays Truckers their chance of getting their vehicle registration done as they can’t renew their trucks tags, licenses etc. Unless they submit the IRS stamped 2290 Schedule 1, Thus it results in many truckers who are not been able to start making money with them trucks.

The worst part is, generally when you encounter any issue with your EIN such as electronic database non-recognition, you can go ahead with the old school fashion paper filing/filing at the local IRS facility. Now due to the shutdown all the Local IRS centers remain closed until the Government shutdown is ceased. Perhaps if you were thinking about mailing the documents to the Treasury; it would take forever than before right now due to this shutdown.  

Reach us back for any further assistance for your Form 2290 needs 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.

Did you know, Getting the 2290 Transferred from the Old to New is possible via Form 2290?

Hello there Truckers, most of you all would think how to transfer your 2290 from the old to new unit. Well here’s the answer, it’s simply done over a regular Form 2290. Generally when you e-file the Form 2290 you know that you always make the tax payment to the IRS full in advance.

So if you had sold a vehicle amidst a tax period for which you have made the tax payment full in advance. You may certainly claim a partial refund or an adjustment of tax credits to the replacement unit. If you had not bought any replacement unit versus the sold vehicle you may simply opt for a tax refund which is done by filing the Form 8849 Schedule 6 (Claim for refund of excise taxes). Upon a successful submission of your claim request, takes 21 business days before the IRS could mail you the refund check.

On the other hand, if you had purchased a replacement unit versus the sold vehicle, you may go ahead and claim a partial credit carryover towards the Pro-rated tax due amount of the new replacement unit. By this way, you would be able to nullify your tax due (In case of same month remains in common for both sold & newly acquired unit) & pay the difference in excess post adjustment (In case of same month does not remains in common for both sold & newly acquired unit).

However, the vehicle that was sold would never reflect over your copy of Schedule 1 as the IRS systems would only reflect taxable units and suspended/exempt units determined based on the desired mileage use of the vehicles. Whereas vehicles reported under credit sections would not show up on the actual stamped version of Schedule 1 although it does remain accountable for your credit adjustment in the backend.

Truckdues.com is rated to be one of the most efficient & cost effective priced websites that support HVUT Form 2290 filings electronically. We ensure zero tolerance towards any errors that might occur whilst the e-filing process. The best part of e-filing is the turnaround time where it just takes few minutes before receiving the IRS digital watermarked copy of schedule 1 back in your e-mail.

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.

At Truckdues We wish you a Merry Christmas & A Happy New Year!

“Christmas is joy, religious joy, an inner joy of light and peace ” – Pope Francis

It’s time to trim the trees, wrap the gifts, and bake the cookies. We’re eagerly awaiting the arrival of Christmas! As we count down to the merriest day of the year. Usually the holidays are a time for reflection, for growth, for gratitude, and for renewing our commitment to our goals with fresh vigor.

Beyond the consumptive overdose of presents and the presence of family and friends that accompany us during Christmas and New Year’s eve; It is helpful to remember to take some time to be thankful, to literally be present amongst the people who matter most in our lives, and to find some time for solitude to gather the inner strength that will carry us onwards and upwards in the new year. 

Also during this joyous time of the year, we would like to take this opportunity to keep you informed about the IRS scheduled Annual Maintenance period for 2018 which has been initiated to begin from December 26th, 2018 11:59 A.M, Eastern Standard Time up until 2nd week of January 2018. This initiative is been followed by the Internal Revenue Service every year with a motive to upgrade their e-file servers to accept the tax returns which are ought to be e-filed for the following tax period ( For the period beginning July 1st, 2019 through June 30th, 2020)

Now during this downtime, the IRS servers will not be able to process or accept any e-filed tax returns until the maintenance period is officially ceased by the IRS. Besides, we got a near term HVUT Form 2290 deadline by Dec 31st, 2018 for vehicles first used since November 2018. Hence, we recommend you to e-file your pro-rated HVUT Form 2290 before the IRS shutdown period to avoid any delays in getting your tax return processed.

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.

May your Christmas be decorated with cheer and filled with love. Have a wonderful holiday!

IRS servers might sooner go off-line! E-File Soon!

Hello there truckers, the Internal Revenue Service online servers usually goes off-line every year during the Christmas Eve with a motive to upgrade their servers to generate updated forms and support tax returns for the upcoming tax period ( For the period beginning July 1st, 2019 through June 30th, 2020). Continue reading