Being a trucker can be a pretty thankless job. However, here at 2290Tax we know that trucking is the backbone of America. From food to clothes to electronics and medicine – if you’ve got it, then a trucker brought it! But a lot of people might not realize just how vital truckers are to our everyday way of life. This is our salute to big rig truckers everywhere – America’s unsung heroes.
Share this with your friends and family! Some of these statistics might (or might not) surprise you!
Continue reading “Big Rig Truckers: The Unsung Heroes of American Transportation (Infographic)”
What a year it has been! As the year wraps up, it is the perfect time to make sure you have good records when entering the New Year. You never know when you will receive an audit from the IRS, and keeping good records will help prepare you for this.
Continue reading “Year End Record Keeping”
A Preparers Tax Identification Number (PTIN) is an IRS business tax identification number issued to paid preparers of U.S. federal tax returns, like the Form 2290. Anyone who receives compensation for preparing tax returns is considered a paid preparer and must have a PTIN issued by the IRS.
PTINs were created to protect the privacy of the tax preparers. Many years ago, paid preparers were required to use their Social Security Number (SSN) to sign documents- which wasn’t very safe!
Continue reading “PTIN Renewal”
Many Canadians have been receiving the post card below. To most, this probably isn’t big news. But to a few, and especially with the new FRP plan getting started, it’s a big change. This article is mostly for Canadians – but is probably good advice for anyone who wants to cross the US/Canada boarder.
Continue reading “IRS Notice Decoder – Canadian Postcard”
Suspended vehicles are vehicles that travel less than 5,000 miles on public highways (7,500 miles for agricultural vehicles). These types of vehicles still need to file a Form 2290, but will owe $0 in taxes. Since there is no tax amount due to the IRS for these kinds of vehicles, the IRS wants proof that your vehicle travels under that mileage limit.
We have been noticing more and more of our customers who have filed suspended returns get audited by the IRS and did not have the right kind of proof to defend themselves. We don’t want this happening to anyone else.
Continue reading “Suspended Vehicles Proof Reminder”
Did you get a penalty notice – but you KNOW you filed, and you KNOW you paid your taxes? Well then you, like many others, may have gotten a mistaken penalty notice.
Continue reading “Does That Penalty Notice Look Funny to You?”
On 9/2/2014 a US Attorney in Florida announced an indictment of a registration service for defrauding owners of large tractor trailers of lots of money. Read the original articles from WTCV and OOIDA.
Fraud is easy to understand – it is simply deception.
Continue reading “2290 Fraud”
You’ve filed and paid for the Form 2290. You may or may not have known that you filed late and now the IRS is charging you penalties and interest. What do you do now?
Continue reading “Penalties? Interest? Oh, My!”
Did you know there is an e-file Grace Period on Form 2290? OK – so it’s not exactly a “Grace Period.” The IRS calls it a “Transmission Perfection Period.” They talk Fancy-Shmancy!
Continue reading “2290 e-File Grace Period”
It’s happening once again. The IRS is shutting down for Labor Day.
The Official IRS Due Date this year is Tuesday September 2nd. But thanks to this shut down – that’s going to be a very tight squeeze. Please try and get your 2290’s done by Friday August 29th by 5:00 PM Pacific Time – before this shut down starts just to be safe. We’re happy to try and help you get out of any penalties and interest – but it’s better if they don’t get assessed in the first place.
Continue reading “IRS Labor Day Shut Down”