Hello, truckers! Between managing routes, maintaining your fleets and ensuring on-time deliveries, it’s easy for important deadlines to slip through the cracks. This message is a vital shoutout to truckers and trucking taxpayers who forget the deadline to report Form 2290 HVUT for the current tax period. If you haven’t reported and paid your HVUT tax returns for TY 2024-2025, please act now and minimize the damages. The IRS will charge hefty penalties and late fees if you fail to report Form 2290 by the deadline. Also, they will charge interest on your unpaid tax dues, which will keep on growing until you make the tax payment in full. The most important reason to stay on top of your tax compliance is to get the stamped Schedule 1 receipt on time. Without it, you will face legal troubles with concerned authorities and departments. It is impossible to operate your heavy vehicles and trucks on public highways without a proper Schedule 1 receipt.
