Everything You Need to Know About Form 7004 Extension

The IRS form 7004 is called Application for Automatic Extension of Time to File Certain Business Income tax Information and Other Returns. The name itself suggests that this form can be used by business entities who have this desire or the requirement of filing a legitimate 5 to 6 months of Federal tax extension. Some of the most important things that one needs to know in regards to this form have been explained below. Purpose Once you...

IRS 2290 Filing – Everything that You Need to Know

The 2290 HVUT or Heavy Vehicle Use Tax is basically a $550 federal excise tax which is obligatory to be paid on the use of all sorts of heavy vehicles weighing 55,000 lbs and more. These heavy vehicle owners need to pay their 2290 taxes if they use their vehicles on the highways on a regular basis. IRS 2290 filing starts from 1st July during a particular year and ends on 30th June of the next year....

How to Prepare and E-File 1099 Form Online?

The procedure of doping taxes has completely changed these days. People no longer need to visit the local post offices or the libraries for collecting all the important and necessary forms. They also do not need to spend hours calculating deductions and incomes. The only thing that people actually need to do is simply download the IRS 1099 form and e-file it using any one of the many reliable online services available these days. Once you choose...

What does HVUT 2290 Mean for the Next Generation Truckers

The Heavy Vehicle Use Tax and form 2290 have become a kind of the staple of the transportation industry. People who own a fleet of heavy vehicles like trucks or operate such heavy vehicles need to deal with 2290 and HVUT first. There are considerable changes that have taken place in regards to this tax and even the form. Both the federal government and the IRS have tried their level best in keeping up with the major...

How to E-File 1099 Form Online? – Filing Form 1099 Taxes

Ok, so here’s a situation where you would have to go through all the important tax documents that you have received in your email mainly because it is tax time. When going through your email for all the tax documents received, it is quite obvious for you to come across the well-known IRS form 1099. So, what is IRS form 1099 and how to e-file 1099 form online? IRS Form 1099- What is it? IRS form 1099...

IRS Tax Form 990N Filing Tips for Non-Profit Organizations

The tax Form 990N is meant for tax exempt organizations that need to file the Form every year to maintain their tax exemption status by law. IRS tax Forms 990N are used to outline the various accomplishments of any organization and also mention the detailed financial information for its respective financial year. The Form 990N e-Postcard also has a section to help justify maintenance of the tax exemption status of any small non-profit organization. The IRS uses...

IRS 2290 Form Filing Ensures Smooth Functioning of Public Highways

IRS 2290 is also called heavy vehicle use tax. It is a tax which is applicable for vehicles like buses, truck tractors, and trucks which are used on public highways. Here it is important to note that not all the vehicles which are classified as heavy vehicles are required to make payment for the dues. The vehicles with a total weight of 55,000 pounds and more are under the obligation of paying heavy vehicle use tax. Other...