Truck Tax Archives - Page 2 of 2

How to file IRS Form 2290 online for the 2022-23 tax year?

August 17, 2022

The tax Form 2290 helps pay the HVUT on trucks, operating on public highways, with a gross weight of 55,000 pounds or more. The taxes that the IRS collects on these tax Form helps it for highway maintenance and construction. IRS recommends that truck owners e-file their tax returns for easy screening. Taxpayers can also get their stamped schedule 1 copy in their mail, once IRS accepts the tax Form. How to File Form 2290 Online for...

How many truck drivers are in the USA? Here why we need more

August 5, 2022

According to the details given by the American Trucking Associations, The United States requires more than 80,000 truck drivers. The trucks and the truckers handle more than 72% of the freight in the US. A vast percentage of the consumers are reliant on these drivers. Increasing demand for truck drivers in the US: The demand for truck drivers is extremely high in the United States and is also a tough job to fill. The trucking companies are...

How to choose the right technology for your fleet?

August 3, 2022

The trucking industry is constantly innovating and demands the use of technology to manage its operations. The right technology will ascertain the operational needs of the fleet and its service requirements. The industry introduces innovative technology to enhance safety, productivity, fuel economy, and driver’s experience. When choosing the right technology, there is no only solution. Truck owners should choose the technology wisely, after considering every aspect of the operation. Need to implement the right technology for the...

Top 5 Reasons to E-file IRS Form 2290 with Tax2efile

July 14, 2022

Form 2290 pertains to the highway vehicle use tax returns. Owners of the heavy vehicles use this Form to report the tax dues of their highway motor vehicles if their gross weight is over 55,000 pounds. They can also use 2290 to claim suspension from tax if their truck has run for 5000 miles. Taxpayers can use this Form to claim credits for the tax paid on destroyed, sold, or stolen trucks. The due date to file...

How to safely share the road with semi-trucks? Tips to Share Road

December 24, 2020

Semi-trucks are vital for the economy of a country. The chief role of commercial and big rigs is transporting tons of goods across the country every year. While traveling in conjunction with large trucks, there are few safety threats for a driver. Do you know that 75% of commercial vehicle accidents are due to passenger car drivers? Statistics also state that there were 4,657 fatal accidents in 2017 with semi-trucks involved. Hence to avert such accidents in...

How the Economy Needs the Trucking Industry?

October 29, 2020

The trucking industry is one of the best industries in the United States and has much impact on the economy of the nation. People who are associated with the trucking industry are hard-working and they contribute more to society. Daily activities of a common man are undistributed because of the tireless effort of the truck drivers. The truckers are responsible for moving the goods and delivering them to the destination. Every good that we buy is handled...

What is an EIN and How to Apply for Small Business?

October 26, 2020

EIN- Employer Identification Number is a unique 9 digit number that helps in identifying the business for the purpose of taxation. This EIN is issued by the IRS for the businesses. Every business owner even if it is a small business, is expected to open a business bank account, get business licenses, and file their respective tax returns. While implementing the above process, there will be no delays in obtaining the licenses or financing to operate the...