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.
Well, who would wish to spare the hard earned money towards paying a late filing fee with interests, Not nobody right! Hence, don’t hold up until the deadline to be a last moment filer that would make easy things hard and hard thing even harder; that even tends us to commit mistakes over the Form 2290 while filing in a rush.
Form 2290 is generally due by June and its payable until the end of August. Having said that this rule stays brittle only for regular annual renewals. Else, the Form 2290 must be filed by the last day of the Month Following the month of First Use. On that basis, the end of this month would be the deadline for vehicles that is been used on the road since December 2017.
Wondering how to get started? It’s pretty simple. If you are a new user, log on www.truckdues.com and click register to setup your business profile then report your vehicles over the Form 2290 and to have your tax return filed & approved by the IRS ASAP. In case of you being a returning user, you just need to login to your account and follow the same procedure except registration. Pay only before filing your return as registration is absolutely free here.
The general turnaround time to receive an update from the IRS over your filed tax return would be 30-45 minutes. Hence, soon as you e-file your tax returns through www.truckdues.com just wait until few minutes to get a status update in your registered e-mail address. You can also opt for a FAX option by sparing $1 extra, in case you need to receive a hard copy version of the IRS digital watermarked copy of Schedule 1 in your FAX machine.
Should you have any more questions than this, 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.