Hello there dear truckers, the Pro-rated HVUT Form 2290 is now due by 04/30/2020 for vehicles first used since March 2020. This deadline is been drafted by the IRS federal law that indicates that Form 2290 must be filed by the last day of the month following the month of its first use. And COVID-19 playing its role as our fate lies on it the govt is yet to announce any news relating to form 2290. Though we are amidst a global pandemic it is our duty to support our nation through such tax payments and this blog is just a reminder for that.
You may even think
if this deadline has anything to do about the regular Annual renewals which are
basically due by June & payable until August. But, it does not. This
deadline is only concerned about vehicles that are into service since March
The Heavy highway
vehicle is basically paid on trucks with a minimum taxable gross weight of
55000 lbs and it’s paid for vehicles that are used over the public highways for
commercial, agricultural & logging purposes. The desired mileage limit for
exemption is drafted upon these vehicles based on the nature of its use.
For commercial based units & logging vehicles, the desired mileage limit of exemption is said to be 5000 miles each and for Agricultural based vehicles, it is said to be 7500 miles. Only when to seem to exceed the respective mileage based on your vehicle’s desired purpose of use you need to make the tax payment to the IRS full in advance for the period it needs to be reported.
Failure to pay the tax dues on time results in the incurrence of penalties & interests on top of the requisite tax due owed anywhere ranging from 2.5% to 4.5% of the total tax due amount to be paid granting no further extensions whatsoever. E-filing 2290 has been made easy with www.truckdues.com where quality service is been offered at a much affordable price as e-filing begins here as low as $7.99 our help-desk is just at a phone call away. So amidst this coronavirus issue, the nation still needs more truckers to deliver the necessities and if you have a new truck bought and if you intend to put the vehicle on road you need to file your taxes to get the registrations done. So, why are you waiting to start filing now?
Let the comic icons do the saving in the imaginary realm it’s you who are actual and real-time heroes. To all our dear truckers who are working day and night to deliver the supplies and still keep the nation on its foot. You guys are our only hope and as our nation depends on you. We extend a heart full of love and life full of gratitude to all those personnel who are working 24/7 amidst the pandemic coronavirus outbreak. It’s the hard times that bring us together let’s be safe and get through this together.
More than 1,000 deaths in the United States have now been linked to the coronavirus, a figure that continues to rise as thousands of new cases are reported each day. As of Thursday afternoon, at least 75,178 people across every state, plus Washington, D.C., and three U.S. territories, have tested positive for the virus and it is still spreading. On the other hand, the number of affected people in China is getting lesser and lesser as days pass by and at one point last week the reported cases were zero. This is a sign of hope that people can recover from the infectious virus. As per the official statement by the government, they have successfully started to implement the vaccines in humans to study in bringing down this virus spread to a halt.
Our hearts are with Truckers dealing with COVID-19, from keeping drivers healthy to meeting spikes in demand for certain freight movements. Like everyone we are striving to respond to the situation without any business disruption as possible. We remain confident in our spirit and ingenuity to move us past our current hurdles.
We understand there are states that has already declared state of emergency due to the outbreak and we have taken adequate measures internally and to our staffs. TruckDues.com continues to stand ready to ensure we continue to serve you with your 2290 reporting and our support desk allowed to work remotely to handle the situation and provide with the best possible support. Please continue to use our service and talk to us or email us. Thank you. Stay safe and strong.