IRS 2290 Notice Decoder – HVUT Penalties and Interest

Penalties and Interest are a bummer. Sometimes it’s unavoidable, sometimes it’s not that bad, and some times you can get out of penalties. But it’s always a bummer to get this piece of paper in the mail.

It’s usually a 5 page notice, depending on how many trucks you have, and how complicated the math gets. If you get one of these in the mail, don’t despair! We’re here to help – and the news isn’t always a grim as you might think.

Continue reading “IRS 2290 Notice Decoder – HVUT Penalties and Interest”

IRS 2290 Notice Decoder – Form 2290 Schedule 1 Not Received

IRS notices are always super confusing for me the first time I see them. This notice is no exception, the first time I saw it I was really really confused. Funny enough, it turns out this notice means that the IRS is confused. So we’re all in the same boat together!

Continue reading “IRS 2290 Notice Decoder – Form 2290 Schedule 1 Not Received”

IRS 2290 Notice Decoder – Adjusted Tax Computation

The Adjusted Tax Computation Notice is the most complicated of all the notices I get questions about – so I’m going to start here and get the difficult stuff over with. Each Adjustment is different but only a few require action. I talk about that in more detail below, but first, how do you know what notice you have?? You can tell this notice from the others because it should expressly say, “Statement of Adjustment to Your Account,” on page 1.  This IRS Form 2290 Notice is 4 pages and looks a little something like this:

Continue reading “IRS 2290 Notice Decoder – Adjusted Tax Computation”

Name Corrections for Tax Form 2290

Our last article discussed how to figure out the correct name for your Form 2290. But what if you already filed with the wrong name? What if your local tag office won’t take what you have and they are demanding something different?

Continue reading “Name Corrections for Tax Form 2290”

What Name Belongs on Your Form 2290 – IRS Code 4481 Tells All

What Name belongs on your Stamped Schedule 1? It seems like it should be a simple question with a simple answer. The trouble is there are two answers, and two factors that go into the question. Keep reading – we’re going to try to make this as clear as mud…

Continue reading “What Name Belongs on Your Form 2290 – IRS Code 4481 Tells All”

Form 2290 IRS Penalty Notice

The calls have been poring in recently about Form 2290 IRS Penalty Notices – and for good reason. It seems that the IRS issues these notices through a computer program, and if both taxes and the form aren’t received by a specific time on a specific day, that computer program automatically sends a penalty notification. Even if your information was received by the IRS 10 seconds after that computer program ran.

Continue reading “Form 2290 IRS Penalty Notice”

IRS Finalizes Due Date for the 2012, 2290 Tax Form

The Original IRS announcement earlier this month regarding the due date of the 2012 2290 Tax Form has been updated. Initially, the IRS planned to shut down the e-file system at Noon Eastern Time and they weren’t sure when e-file would re-open.

Continue reading “IRS Finalizes Due Date for the 2012, 2290 Tax Form”