Showing posts from August, 2014

Why file with

Maybe you’ve filed on paper at your “local” IRS office. Maybe you’ve e-Filed with another provider. What are some ways can make a difference in filing your 2290 for this year?

It’s easy to file from anywhere
With, you don’t have to be physically present in any particular place. When you may have done paper filing in the past, you had to go to an IRS office, wait in line, and complete the process while there. Time is money, as they say, and that’s particularly true in trucking.

Instead of standing around an IRS office, you could be on the road making money! To help, you can file your 2290 online. As long as you can access our website, we can take care of the rest for you.

File for all of your trucks under one login
Whether you have one truck, two trucks, or hundreds of trucks, you can add all of the information under one login. That enables you to keep all of the info in one place, and makes filing for next year even easier. We can just carry your information over …

Creating an EIN and Business

As a truck owner, you are also a business owner. Federal law requires that you create an EIN for doing business as a truck owner. You’ll use the EIN when you file certain documents for government agencies, such as the tax form 2290 for heavy vehicle road use.

When you create your EIN, you will encounter a question asking what type of “legal structure” is requesting the EIN. Which one should you choose? While you may be a business or lawyer in your spare time when not driving your truck, chances are you may not be entirely familiar with the types of legal structures. Let’s cover the main ones briefly here. Of course, we aren’t business or tax lawyers either, so if you need help determining which is right for you, please find an attorney or tax professional to help you.

Sole Proprietor
Many owner/operators are sole proprietors. To be a sole proprietor, you do not have to do anything other than obtain your EIN. No paperwork, no legal fees to establish a legal entity, no stress over wha…

What is the Heavy Vehicle Use Tax?

You may know you have to pay it, but do you know what the heavy highway vehicle use tax, paid via IRS form 2290, is for? And what are the weight requirements before you need to file tax form 2290?

The heavy vehicle use tax, or HVUT, helps pay for highway maintenance by contributing to the Highway Trust Fund. The Highway Trust Fund, or HTF, reimburses states for maintenance projects that keep highways driveable. Because of the weight of large vehicles, they put more stress on the roadways. Thus the need to collect revenue in the form of the heavy vehicle road use tax that can be used to maintain the highways.

The IRS collects this revenue via form 2290. They require all filers with more than 25 trucks to file electronically. In addition, the IRS encourages all filers to file electronically.

Who pays the tax?
Any owner of a vehicle weighing more than 55,000 pounds must file form 2290 to pay the heavy vehicle road use tax. The tax amount varies from $100 to $550, based on the gross weig…