Half way through; yet it’s NOT too late to join the Pre-filing Race!

Hello there truckers, it’s been about a couple of weeks now since the E-File race has started. Many HVUT payers who doesn’t prefer procrastination have Pre-filed their HVUT Form 2290 for the Period July 1^st, 2019 through June 30^th, 2020. Now this pre-filing option lets them attain a priority over other last moment e-filers with their HVUT Form 2290 by default as long as their tax return acceptance is concerned.

The Pre-filing option is really simple to understand. For those who are now aware of How the Pre-filing works? Here’s the answer. The HVUT Form 2290 is basically due by June and its payable until the end of August. But with pre-filing option you’d be able to e-file the HVUT Form 2290 for the upcoming tax period even before the Form is even due.

We came up with this initiative a couple of years back to overcome delays in processing tax returns filed during the high time months such as July & August due to millions of tax returns clogged up which needs to be processed by the IRS. Moreover, the IRS always processes e-filed tax returns on First come First Served basis. So, think what would be the probability to get your tax return accepted if filed lately near the deadline, you can’t even stand a chance.

Hence, truckdues.com recommends you to make use of this pre-filing opportunity to E-file your HVUT Form 2290 for the Period July 1^st, 2019 through June 30^th, 2020 and receive the IRS digital watermarked copy of Schedule 1 in your registered e-mail address soon after the IRS begins processing your tax returns which is expected to be during the 1^st week of July 2019.

Truckdues.com remains to be one of the most trusted websites amongst many independent owner operators for its reliability and cost effectiveness. Economic E-Filing begins here as low as $7.99. Feel free to reach us back for any further questions regarding your HVUT Form 2290 needs. Happy Trucking, Keep Moving America Forward & God Bless America!!!

Join the club! It’s time to pre-file for 2019-2020!

Hello there dear truckers! Wondering about your tax payments? And you done have time to pay? Well you still have time to pre-file your taxes by June and stay ahead of everyone. Truck dues offers our customers the option to pre-file your tax returns ahead of the due date (i.e. July 1^st) and receive the Schedule-1 watermarked copy to your email by July. The tax returns are accepted by the IRS only by July the schedule-1 copy will be sent to your email directly.

There area around 3.5 Million Truckers in the USA and just have two months of time to file your tax returns. It is quite impossible for the IRS to support all the trucker’s taxations. Imagine 3.5 million truckers rushing towards the IRS offices to file their tax returns? Catastrophic isn’t it? Well with technology in your hands its quiet easy to do that. E-filing is a boon to the trucking society with changing in trends day to day the truckers can file the taxes through their mobile phones and personal computers anywhere any time. ”Anywhere anytime” sounds better right? Truck dues is not only convenient to use but also economically cheap when compared to all the other providers in the e-filing sector.

Is that all we have to offer? No there’s more. Why rush at the last moment waiting in line at the IRS office wasting your time where you can hit the roads and make some money. You have an option to pre-file. Imaging you being a step forward of all the 3.5 million truckers across USA, while they wait in line wasting their time and money where as you can pre-file your taxes now and just sit back and relax. We have already received thousands of pre-filing applications who will just sit back and relax and make some money while others would be rushing towards the IRS centers

Think Smart, choose Truck dues and pre-file your taxes the rest will be taken by us. The schedule-1 copy will be emailed to you and you’re good to go. No need to wait, no need to waste your time and wait for the status. File with us and let us do the rest join the elite community stay relaxed and don’t forget to pre-file your taxes

Let’s do the 2290 basics…

The tax filing period is just a couple of weeks away and it’s a good time to know about the basics for a better understanding of Form 2290 tax filing. Generally the taxes are due by the month of July and payable until the last day of August. Here are some of the basic information that you need to know regarding the tax returns

So what is a Form 2290 and what type of vehicles falls under taxable vehicle category?

Form 2290 is used to report the heavy vehicle for tax purposes. Any vehicle which has a Gross weight of 55,000 lbs or above and operated on the highway it is liable for taxes. The Gross weight of the vehicle is the sum of the tractor, load and the trailer. Depending on the gross weight of the vehicle the tax amount varies accordingly.

What are the options of filing the taxes?

There are two major types or medium of filing taxes 1. Paper filing, 2. E-filing

The Paper filing is the conventional way of filing your taxes, where the tax payers should report the vehicle by walking directly into the IRS office and manually fill out the form and calculate the taxes, which is a tedious process and chances of wrong calculation and data entry is high.

E-filing is rather an easy option while compared to paper filing. It’s easy, accurate and less time consuming work and the turnaround time to receive a schedule-1 watermark copy with 30 min’s of time. Here at truckdues.com you just need to key in the business details, sit back and let the website do the math for you with the best technology and accurate calculation, there is almost zero chances of error.

Are there any tax exceptions?

Yes, there are some exceptions. Based on the mileage of your vehicle, If your vehicle Mileage is under 5,000 miles (7,500 for agricultural vehicles) the vehicles are considered to be tax exempted. You just have to report the vehicle under suspended vehicles category for tax exemptions. However if your vehicle crosses the mileage limit during the tax period you will be liable to pay taxes by filing and amendment to evade penalties.

How are the taxes calculated?

As mentioned before it’s based on the gross weight of the vehicle and also the First month of use. If you have bought a vehicle in the mid of the tax year (1^st July to 30^th June) the taxes will be calculated based on the first month of use till June 30^th along with the gross weight of the vehicle, hence there is no need to pay for the whole year but pay for the months used on road.

What is Schedule-1?

Upon successful filing of your tax return, The IRS will send a watermarked proof of filing. This will also serve as a valid proof while registering your vehicle with the local DMV (Dept. of Motor vehicle).

Filing period

Normally the tax period is from 1^st July to 30^th June. The taxes are to be paid for the whole year upfront before the last day of August. What if you can file your taxes prior to the tax due date? Well truck dues has an option for that as well. We allow our customers to pre-file the taxes by the month of June and the data is sent to the IRS prior to July 1^st. Once the IRS starts to accept the tax returns by July you will receive the Schedule-1 copy to your registered email ID by the first week of July. You just have to sit back and relax till you get the schedule-1 copy while others run about during the tax period to do their filings

Economic e-filing begins here as low as $7.99. It only consumes few minutes to e-file your federal HVUT Form 2290 and to receive the stamped confirmation back in your e-mail.

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.

It’s NOW time to Pre-Renew your Form 2290 for 2019-2020!

Hello there Truckers, finally the big day has arrived. Yes, it time now that we support Pre-filing the Federal Excise Tax Form 2290 filing for the Period July 1^st, 2019 through June 30^th, 2020. You read that right, by pre-filing you will be able to E-File your HVUT Form 2290 for the upcoming tax year way before it’s even due.

The IRS online servers will always receive extreme value of e-filed tax returns to be processed during the high time for renewing the Annual tax Form 2290 (beginning July through August of every year). So you got mere chances to set any priorities over your e-filed tax returns when filing during this high time.

Instead, make use of this Pre-filing opportunity to File your HVUT Form 2290 way ahead of others by this way your tax returns meets the minimum guideline of the Internal Revenue Service as in First Come; First Served Basis. Hence, your tax return gets an option to be prioritized during the acceptance process. However, please be informed that Pre-filed tax returns will only be accepted by the IRS by the 1^st week of July 2019.

Stand a chance to be an Early Bird. Stay away from the Procrastinating last moment e-filers who wish to submit their tax returns at the final moment before deadline and anticipating a further delay on the acceptance of your tax return.

E-File your HVUT Form 2290 using www.truckdues .com to receive the IRS digital watermarked copy of schedule 1 back in your e-mail instantly. Reach our tax experts @ (347) 515-2290 for further help in your HVUT Form 2290.

Did you know that you could pre-renew your 2019-2020 Form 2290 by June 2019?

Hey there truckers, we got an important news for you. Beginning June 2019, you can Pre-file your HVUT Form 2290 for the period beginning July 1^st, 2019 through June 30^th, 2020. No introduction is required for existing HVUT Form 2290 pre-filers, however for first time HVUT payers, Pre-filing is the way to file your HVUT Form 2290 for the upcoming tax period (July 1^st, 2019 through June 30^th, 2020) even before the Form is literally due.

The Pre-filing initiative was introduced for the HVUT Filers who file their tax returns near the tax deadline amongst millions of other late filers who almost missed the Deadline date. The IRS always entertains processing of HVUT tax returns on First come- First Served basis.

Hence, Pre-filing is the only option for you to be able to e-file your HVUT Form 2290 way earlier to place a priority over your tax return amongst other e-file tax returns. It increases the chances of expediting the processing of your tax return even during the high time of the year.

Truckdues.com is one of the prominent websites which offers economic e-filing at a much affordable cost. We have earned out trust among a major share of independent owner operators. E-Filing begins here as low as $7.99. E-File & receive the IRS digital watermarked copy of schedule 1 instantly in your e-mail.

You’ve still got time until May 31st!

Bought a heavy vehicle for yourself? Wondering whether to pay the taxes for the whole year? Well that’s what the prorated taxes are about. As per the IRS “All heavy vehicles operated on the high way with a gross weight of 55,000 lbs or above and with a mileage of 5,000 miles (7,500 miles for agricultural vehicle) is taxable”. So have you got a vehicle with a gross weight of 55,000 lbs or above and if you have plans of operation it on the highway over 5,000 miles the dead line for paying the taxes is just a couple of days away.

Well first things first so what about the tax calculation? The Prorated taxes are calculated based on the month of first use and the vehicle should have crossed 5,000 miles. That being said the payment date would be your next question. Well, as per the IRS the “Prorated taxes are to be paid by the last date of the month following the month in which it was first used”. So the taxes for the vehicles bought by April is due and the deadline is on 31^st May, 2019.

What will you incur if you don’t pay the taxes? Well that’s simple the IRS will charge a fee for failure to file and failure to pay at a rate of 4.5% and a penalty of 0.5% of the taxable amount. So why to incur these charges when it’s still not late to file your return. But the time is on the horizon and its just a couple of days more to file your prorated taxes.

What if you have paid for an old vehicle which you have sold to buy a new one? But paid the taxes in full? There’s no need to worry about it. The taxes can be transferred to the old vehicle to the new once as credits. Just by filing a Form 2290 for the new vehicle and old vehicle by listing it under sold category. Here at TruckDues.com this process is made simple and the calculations are done automatically such that the website itself will do the math and notify you the difference. This will help you assess whether if there is anything to be paid out of pocket or if the available credits would cover up the taxes for the new vehicle.

So what are you waiting for, rush now just log into TruckDues.com and enter the new vehicle details, let our website do the math for you. Just with a click you will be able to transmit the return to the IRS and receive a water mark copy of Form 2290 schedule-1 to your registered personal email.

It’s just a weeks’ time before e-filing your Pro-rated HVUT Form 2290

It’s just a weeks’ time to report any new vehicles bought by the month of April as the pro-rated tax filing due date is on the horizon. But you might think the tax year for all the heavy vehicles is just a month away (July 01) and why to pay for the new vehicles now? Well As per the Federal law any new vehicle bought by an individual or a company is to be registered and to be reported to the government. The vehicles will fall under taxable category provided the vehicle is estimated to run above 5,000 miles and it has a gross weight of 55,000 lbs or more.

So, if you have bought a new vehicle and if you have plans of operating it on the public highway for more than 5,000 miles within the next couple of months its high time you report the vehicle and file taxes to evade penalties charged by the Government.

And what does the federal law state about the pro-rated payments and due dates? “The pro-rated taxes are to be paid on or before the last day of the following month form the first month of use or purchase of vehicle” and so if you have bought any new vehicle or transferred the owner ship to yourself in the month of April you will be liable for paying the pro-rated taxes. But how do you file a new vehicle under pro-rated taxes? It’s quiet easy when you report it through TruckDues.com, Just select the month of first use (e.g. April) the website itself would do the math for you and give you the precise tax to be paid.

What if you have paid for an old vehicle which you have sold to buy a new one? But haven’t operated the old vehicle for the whole year and paid the taxes in full? There’s no need to worry about it. The taxes can be transferred to the old vehicle to the new once as credits. Just by filing a Form 2290 for the new vehicle and old vehicle by listing it under sold category. Here at TruckDues.com this process is made simple and the calculations are done automatically such that the website itself will do the math and notify you the difference. This will help you assess whether if there is anything to be paid out of pocket or if the available credits would cover up the taxes for the new vehicle.

Know before you choose the IRS tax payment while e-filing your 2290!

Hello there HVUT payers, we hope this article reaches you with high spirits. Now over this article we are going to discuss the most common misconception that arise among the HVUT payers while choosing the right IRS tax payment option while e-filing their HVUT Form 2290.

As you know, while e-filing your HVUT Form 2290 you got 4 different options in order to make the tax payment to the IRS. Namely

Electronic Funds Withdrawal
Electronic Federal Tax Payment System
Credit or Debit Card
Check or Money Order

Amongst the 4 above option, only via Electronic Funds withdrawal the IRS will be able to process the tax payment automatically. Rest other options require your action to logon to the respective website and schedule payments to the U.S. Department of Treasury.

Recently the IRS began accepting tax payments using Credit/Debit cards. Since, then many HVUT payers are prone to misconception based on their assumption that paying the IRS tax payment using credit/debit card is an automated process but in reality it’s not. Hence, by far many HVUT payers have received a letter from the IRS stating a non-tax payment due to the ignorance of the tax payers.

So, inured for you to be able to make the IRS tax due payment using your credit/debit card you must log on to https://www.irs.gov/payments/pay-taxes-by-credit-or-debit-card and choose one of the 3 payment processors who support tax payment using card.

Reach us back for any further assistance with your HVUT Form 2290 filings.

It’s just a Fortnight left until E-Filing your pro-rated HVUT Form 2290!

Yes you heard it right it’s just a couple weeks’ time left to file your taxes, But you might ask, Why now? Since the taxes for 2019-2020 is due in a month’s time? Well, if you have a new vehicle to report which is yet to be filed? And if you have plans to operate it over 5000 miles before 30^th June 2019 now is the right time to do it. As per the IRS regulations it’s mandatory to file your vehicle for tax purposes, in failure to do so will attract penalty for late filing and payments of taxes.

So what does the IRS say?

As per the Federal law it’s mandatory for all new vehicles to file the vehicle by the last day of the following month of its first use and the taxes are calculated based on the first month of use till June 30^th, so the taxes will be calculated for the number of months used and miles to be driven (taxes are applicable for vehicles mileage over 5,000 or 7500 for agricultural vehicles)

Here at truckdues.com we avail multiple and secure modes of payment options, authorized by the federal govt. So why to worry? So, hurry up before it’s too late to file your tax returns and avoid any unnecessary penalties.

Truckdues.com has been rated to be one of the most cost effective websites amongst a major group of independent owner operators and trucking business for its much affordable price. E-File your pro-rated HVUT Form 2290 now and receive the IRS digital watermarked copy of schedule 1 back immediately in your registered e-mail address. Happy Trucking !!!

The Form 2290 is now due by May 31 for vehicles first used since April 2019.

Truckers, the HVUT Form 2290 is now due by May 31 for vehicles first used since April 2019. As you’re reading this, remember this pro-rated Form 2290 is now due only for vehicles that were purchased/re-purchased/into operations beginning April 2019.

The HVUT Form is basically an annual tax paid to the Internal Revenue Service on vehicles which comprises a minimum gross weight of 55000 lbs or more and if the same vehicle is used over the public highway for its desired purpose of use.

The IRS has drafted 3 different mileage limits for exemption on vehicles based on its nature of use. Please find the drafted mileage limit of exemption for vehicles as follows:

For commercial based units- 5000 miles

For Agricultural based units- 7500 miles

For Logging based units – 5000 miles.

Any said vehicle seems to exceed the above mentioned mileage limit for exemption needs to be reported as a Taxable Vehicles and the tax amount needs to be paid to the IRS upfront for the period its reported regardless it’s an annual or apportion filing. However, on the other hand if the subjected vehicle seems to be operated below the desired mileage limit for exemption, then it would remain to be exempt.

E-Filing your Pro-rated HVUT Form 2290 using www.truckdues.com and receive the IRS digital watermarked copy of schedule 1 within minutes after you e-file. The same copy could be used as a proof of filing during the vehicle registration purposes. Reach us back @ (347) 515-2290 or support@truckdues.com for any further assistance. Have a Good One!