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HVUT 5,000-mile suspension

Purchasing a vehicle claimed under the HVUT 5,000-mile suspension

DATE POSTED: 3/18/2021

Many of you know you can claim a tax suspension from the federal heavy vehicle use tax (HVUT) if you expect taxable vehicles to operate 5,000 miles or fewer during the tax year. You still need to file the HVUT, but you aren’t required to pay any tax. If later in the year you end up operating the vehicle more than 5,000 miles, you file an amendment and pay the entire tax due.

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Off-Cycle HVUT filing

Off-Cycle HVUT filing

DATE POSTED: 1/14/2021

Motor carriers operating vehicles with a taxable gross weight of 55,000 pounds or more must file the United States federal heavy vehicle use tax (HVUT). The tax period runs from July 1 through June 30, and the tax must be filed with the Internal Revenue Service (IRS) annually by August 31.

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5 Steps to HVUT Form 2290 Filing

5 Steps to HVUT Filing

DATE POSTED: 1/14/2021

The United States federal heavy vehicle use tax (HVUT) must be filed by motor carriers operating vehicles that have a taxable gross weight of 55,000 pounds or more. To register, Form 2290 must be submitted to the Internal Revenue Service (IRS). Following the five steps below can make quick work of filing your returns.

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HVUT Filing Basics

HVUT Filing Basics

DATE POSTED: 1/14/2021

On the operations-side of running a motor carrier, making sure you file the appropriate taxes on your vehicles is key to keeping your fleet in compliance. One of those taxes is the United States federal heavy vehicle use tax (HVUT). The tax year for the HVUT runs from July 1 through June 30. Generally, taxes due must be filed with the Internal Revenue Service (IRS) each year by August 31.

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The 2021 deadline date for filing your HVUT is quickly approaching!

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