Heavy Highway Vehicle Use Tax which is commonly called Heavy Vehicle Use Tax is the tax which is paid by truck drivers. The name itself means that it is a tax which is applied to all those people who make use of large vehicles on highways and streets throughout the country for the business purpose. The form which is required to be filed for paying this tax is called Form 2290. Form 2290 due dates constitute the...

IRS 2290 filing for the tax period starts on 1st July, 2015 and ends on 30th June. 2016. People who possess a taxable heavy vehicle which weighs 55,000 pounds and more and is expected to go beyond the 5000 miles limit on public highway should report their 2290 taxes before 31st August and pay their tax in full. E-file or electronic filing is needed for every return reporting 25 vehicles or more. Taxpayers are generally suggested to...

Very often, when an individual starts learning about something new, there are many questions that need to be answered. This is because a valid answer to some valid questions can help an individual in understanding the information he or she is introduced to. The questions are generally quite broad with informative answers. What, why, where, when and who are the 5 W’s which have an important role to play in understanding the base of any information. Who...

If you have good earnings then it is quite obvious for you to receive different types of tax documents in your email. So, what if you come across Form 1099? What is it for and what should you do with the form? First, it is very important for you to have a complete understanding of this form. Form 1099 is basically a tax form used for reporting the income that you receive and the income that you...