You have two options to file the 2290 Tax Form. You can paper file or e-file.
What is an EIN?
As defined by the IRS, EIN is an Employer Identification Number also known as a Federal Tax Identification Number. EIN is used to identify a business entity. You need an EIN if you are planning to file an electronic 2290 Tax return.
How To Apply For An EIN Online
This year the Form 2290 is going through two big changes with the way they collect information for Credits on vehicles that are sold during the tax year. First there is something the seller must do, and second something the buyer must do.
What do you need to e-file?
You just need a couple of things to get started.
Currently, 2290Tax offers three ways to pay your heavy vehicle use tax. However, there are certain situations that these three methods of payment may not be the best choice. If this is the case then you, the taxpayer, are able to do a same-day federal tax payment.
2015 IRP Annual Meeting – Day 1: Monday May 18, 2015
Folks are still flying in from all over the US and Canada to attend the 2015 IRP Annual meeting in Savannah, GA. While the meeting officially kicks off on Tuesday, there were two different all-day committee meetings today. The first was discussing Jurisdictional Peer Reviews, and the second was the IT and Data Committee meeting. I attended the IT and Data Committee Meeting.
It was just announced by the American Trucking Association, that the Trucking Industry generated $700 billion in revenue for the first time in history last year. The industry had not come close to generating that figure since 2008 peaking at $660.3 billion.
There’s been a lot of discussion around IRS e-file recently. Between PTIN fees, education and testing requirements, and e-file mandate updates there’s a lot of change happening in the e-file industry.
2290 Tax Form
As defined by the IRS, the 2290 Tax Form is used to:
- Calculate and pay the tax due on vehicles that weigh (fully loaded: tractor and trailer) 55,000 lbs or more.
- Claim suspension from tax for a vehicle that weighs (fully loaded: tractor and trailer) 55,000 lbs or more that is expected to be used 5,000 miles or less (7,500 miles or less for agriculture vehicles) during the taxable period