Owner-operators, truckers, and trucking businesses whose heavy vehicles weigh more than 55,000 pounds need to file form 2290 and pay the HVUT taxes. The truck owners use this form for many other reasons like report suspension from tax if the vehicle is used less than 5,000 miles in a year.
The IRS recommends that taxpayers file their form 2290 and pay the HVUT tax through an IRS-approved e-filing service provider. There are many IRS-approved e-filing partners that provide the best tax filing services to both individuals and businesses.
Here are some of the major benefits of e-filing your form 2290:
- Compared to manual filing, e-filing speeds up the tax filing process significantly. Users do not have to stand in a long queue at the IRS office. They can easily register with an e-filing service provider and file their 2290 return in a matter of minutes.
- Minimizes the chances of penalty: IRS-authorized e-filing service providers provide timely alerts regarding the form2290 due date. This will help users keep track of tax filing deadlines so they can file their returns on time to avoid penalties.
- Pre-filing service: Users can pre-file their form 2290 ahead of the tax filing season so they can avoid filing tax at the last minute. Users who pre-file their 2290 return get their IRS watermarked form 2290 schedule 1 on a first come first serve basis.
- Easy to use: The interface of the tax filing platform is made so easy that every person can use it and file their tax with ease.
- Multiple payment options: Many e-filing partners offer different payment options for paying HVUT tax. This becomes even more convenient for the people to pay taxes on time, based on their convenience. Options EFTPS, EFW, debit/credit card, etc. are available and it ensures that all the banking details are kept safe.
- Instant watermarked Schedule 1: e-Filing allows the user to receive their IRS stamped schedule 1 copy within minutes after filing the return. The copy will be sent to the user’s registered email address. Should the user lose the copy, they can download a copy from the e-filing portal.
- Error-free application: The biggest advantage of filing taxes online is that it eliminates errors during the submission of the application form. Users can retransmit their rejected returns and carry out VIN correction free of cost when they e-file their returns.
- File multiple vehicles in one go: If the truck owner has more than one truck that they want to file form 2290 for, they can bulk upload the data and file forms instantly. It is a great way to save a lot of time and effort.
- Robust support: IRS-approved e-filing partners offer 24*7 customer support making it easier for users to resolve doubts and queries and file returns without wasting time.
Without a doubt, it is quite clear that tax compliance is important for truckers and trucking businesses. .. e-Filing your form 2290 with experts will help make the filing process easier and smoother. . There is no need to take out extra time to file and pay taxes when you do it online. You can easily pay tax according to their convenience. There is no bar to their services which makes it easy for the people to pay the most appropriate tax amount without facing any problems.