Hello, truckers! Keeping your trucking business running not only means properly maintaining your trucks but also fulfilling your tax obligations on time without missing any deadlines. The crucial tax obligation you need to watch out for every year is the Highway Heavy Vehicle Use Tax. You must report this tax using the IRS Form 2290 at the beginning of every tax season ahead for the entire year. The IRS will provide a valid Schedule 1 receipt as proof of successful tax payment, which is a mandatory document to operate your trucks on public highways.
