IRS Form 2290 News and Articles
Get Ready for HVUT Season!
DATE POSTED: 6/21/2022
When choosing a partner to help e-file your Form 2290, make sure you choose one you can trust. J. J. Keller has been the trusted partner for transportation professionals since 1953. With 2290online.com, you can e-file your IRS Form 2290 quickly and easily knowing that J. J. Keller has you covered.
HVUT tax: Receipt required to register your heavy truck
DATE POSTED: 2/01/2022
If your vehicle weighs 55,000 pounds or more, you may need to file a Form 2290 and pay heavy vehicle use taxes (HVUT) before you can register your vehicle and drive it on public roadways.
Penalties for not filing your Form 2290 HVUT
DATE POSTED: 7/20/2021
While the Internal Revenue Service (IRS) won’t forgive the tax due, it is important to understand what penalties and interest may be assessed against your company for late filing. You may also be granted an extension in certain circumstances.
DATE POSTED: 7/13/2021
The Internal Revenue Service (IRS) requires motor carriers to retain certain documents as part of the Form 2290 filing. Learn which records to keep and the requirements for those records.
2290 Filing: Importance of the Schedule 1
DATE POSTED: 7/06/2021
As part of filing your Form 2290 Heavy Vehicle Use Tax (HVUT) return, a Form 2290 Schedule 1 must be submitted to the Internal Revenue Service (IRS). While it might not be complicated, Schedule 1 is a very important part of the HVUT filing.
It’s HVUT time again — are you ready?
DATE POSTED: 6/30/2021
The dog days of summer are a reminder that it’s time to file your Form 2290 heavy vehicle use tax (HVUT) for the upcoming tax year. The HVUT applies to trucks and buses used on the highway with a taxable gross weight of 55,000 pounds or more. Any vehicles registered in the U.S., Canada, and Mexico are subject to the tax.
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.
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.
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.