Benjamin Franklin, one of the Founding Fathers of our nation said, in this world nothing can be said to be certain, except Death & Taxes. A goal is a dream with a plan and a deadline. So the IRS has set a deadline (Due date) for the tax payers to accomplish this goal (To File & Pay Taxes on time) without any hurdles, meaning skipping the late filing fees and interest.
Do you know what happens when you give a Procrastinator a good idea? Nothing! Still, few procrastinators out there could think, what if I say, I’m going to be filing my taxes by the time I could, besides I don’t care about deadlines, well they could grant a wish to console the IRS with a proper reason for being late. The worst part is most few ends up paying late fees and interests even though they tried really hard to explain the IRS about their genuine reason, unfortunately it wouldn’t be found to be a reasonable cause ground to justify their inability.
Procrastination is opportunity’s assassin. It makes easy things hard and hard things even harder. It isn’t a big deal for the HVUT tax payers to figure out the tax deadlines, because the theory is pretty simple to understand. Form 2290 must be filed on a vehicle by the last day of the month following the month of its first use. Well, doesn’t it mean that we could possibly have a near term deadline in this month. The Answer would be, A Yes!
May 31, 2017 would be the deadline to File and Pay your HVUT for the vehicles which began its operation over the public highway since April 2017. We mean to say despite of the number of days the vehicle was actually used. Even Though the vehicle started its operation April 30, 2017 still you ought to file and pay the HVUT tax before May 31, 2017.
Else, the Form 2290 is generally due by the Month of June and its payable until the end of August. When the vehicle to be reported over this form exceeds 5000 miles in a year, i.e., over the course of the period beginning July through June then the tax due must be paid upfront for the whole year. On the other hand, when the vehicle to be reported over this form doesn’t exceed 5000 miles in a year, the vehicle is classified to be class “W” which is exempt from paying taxes to the IRS.
Using www.truckdues.com, you can e-file your Form 2290 HVUT tax returns in minutes, receive immediate acknowledgement in your registered e-mail soon after you e-file. Hence, let’s say no to procrastination when we have E-filing as a choice. Should you have any questions or inquiries, feel free to reach our expert customer support @ (347) 515-2290 [Monday through Friday, 9.AM through 5 PM, Central Standard Time or E-mail us: support@truckdues.com or live chat with us. Happy Trucking!