It is true that IRS strict instructions manual is to be followed up in total for all the owners of the trucking community that owns and runs their trucks, fleets, and haulers for moving the products as goods and services towards the people of the states of USA. If this is considered as the proposal of the federal IRS by the trucking community then it amounts to be misconstrued, the rule of the IRS as structured by and under the democratic process of electing members by the people to the USA Senate decides the rule based on the majority of voting for or voting against to align and take into considerations of various factors including the socio-economics at large. Nation and the people accept this and that’s how this is made as a structure for the Democratic upbringing of socioeconomic policies integrating all businesses and especially for this subject about trucks then business tax revenues from the trucking industry are to be said noteworthy. Therefore the IRS rules say as follows-
Anyone who registers a heavy highway motor vehicle with a taxable gross weight of 55,000 pounds or more must file Form 2290 Heavy Highway Vehicle Use Tax Return.
Filing Form 2290 Deadlines
The filing season for Form 2290 filers is July 1 through June 30. One must file Form 2290 for the month when the taxable vehicle is first used on public highways during the reporting period.
For commercial heavy vehicles that are first used on a public highway in July 2014, then you should e-file Form 2290 between July 1, and Sept. 2, 2014.
For vehicles first used on a public highway after July 31, 2014, the tax for the current filing season will be prorated. To file IRS Form 2290 by the last day of the month following the month in which the vehicle was first used on a public highway.
The filing deadline for a commercial heavy vehicle is not tied to the vehicle registration date. Regardless of the vehicle’s registration renewal date, if the heavy vehicle with a taxable gross weight of 55,000 pounds or more was used on a public highway in July 2014 then file HVUT Form 2290 by Sept. 2, 2014.
These are the IRS guidelines along with deadlines for reminding the due dates for the tax period from July 2014 to June 2015. Failing the guidelines and the deadlines of the due dates for filing 2290 tax returns and tax payments towards HVUT 2290 will only lead some of the failing trucking companies to the doorsteps of the IRS with the due penalties and interest and to be at the mercy of the IRS to provide reasonable cause justifications in which at times may be favorable to business communities and most of the times have to wait for considerable disposal judgments.
Have your first used heavy trucks in July 2014 be filed by 2nd September 2014 through the IRS-certified service provider Tax2efile and as well as for all HVUT form 2290 e-filing needs throughout the year. We are here to serve you as a partner of the Federal IRS.