Top Reasons to File Personal Tax Extension Form 4868

There are many reasons to request an extension for filing the income tax returns by the IRS. The important news is that you no need to provide any particular reason for filing a 4868 extension. When you submit the IRS 4868 tax form extension to the IRS, it is reviewed and the IRS grants you an automatic 6-month extension to file your personal income taxes. Usually, all the federal income tax returns are due on April 15thor...

IRS Offers 8 Tips for Teenage Taxpayers with Summer Jobs

It is summer time and the teenagers are busy with their summer jobs to fill their pockets. Students prefer the part time summer jobs for multiple reasons, either to earn extra money for the family or to save them for later use. The reasons may be different but the ultimate goal is to earn extra money in their free time. In that regard, the Internal Revenue Service also takes a part to help them to some extent...

When is Form 2290 Due Date 2017-18 and Penalties

Every trucker, drivers or the owners of the trucking industry files the Heavy Vehicle Use Tax (HVUT) annually by 31st August if they own a heavy weight vehicle with the gross weight of 55,000 or more and uses the public highway for transportation. The filed tax amount is used for the maintenance of those highways. The current tax period for the IRS 2290 Form starts from 1st July 2017 and ends on 30th June 2018. The 2290...

Are There any Penalties If I Don’t File Form 2290 HVUT?

Hey, Truckers!! The Heavy Vehicle Use Tax (HVUT) Form 2290 deadline is approaching in August 31st every year. What happens if you miss filing truck tax by the due date or if you do not file Form 2290 on time? When you do not file the HVUT Form 2290 before the deadline, then you may attract the IRS penalties for the 2017-2018 financial years.  What is IRS Form 2290? Every active trucker on road needs to E-file...

Peterbilt or Kenworth: Which Truck Manufacturer is Better?

In the trucking world, the most popular debates of all time are whether “Peterbilt or Ken worth?” It is better to analyze, ask questions as you are investing lots of dollar in your purchase. Ultimately, your decision must be correct, hence you need to pick wisely based on certain criteria. The authority brands in the U. S. trucking industry Peterbilt and Ken worth. Both of the vehicles are manufactured by American based company PACCAR, which has a dealer all...

Form 2290 Rejected? IRS Form 2290 Reasons for Rejection!

E-filing Form 2290 online is a simple and easy process. When you have a basic understanding of your business information and internet knowledge you can file Form 2290 in seconds without any prior knowledge or assistance. But there be situations, where we cannot succeed despite our effort. In such cases, Etax2290 can assist you in filing your IRS Form 2290 online quickly and easily. To file your Heavy Vehicle Use Tax (HVUT) through etax2290 is very simple,...

Importance of Third Party Designee in your IRS 2290 Form

As a trucker, we are aware more about the Form 2290. In order to talk about the Third Party Designee, let us throw some light on the form first. If you have a vehicle that weighs about 55,000 pounds or more and uses public transport, then you need to file the Form 2290 on or before the 2290 due date. Other than that, if there is a suspended or logging vehicle than the form 2290 needs to...

E-file Tax Exempt Return Form 990-N and Extension at Anytime

The tax season has started and all taxpayers are getting ready to file their exempt organizations to file tax returns and filing e-Postcard process before the deadline May 15th. Also, the tax-exempt organizations are expected to file their annual information return to IRS every year. Filing a tax return either Form 990N e-Postcard or Form 8868 Extension in between your tight work schedule is always a problem as it takes much time and effort to file them even if you are...

Best Ways to Avoid an IRS Tax Audit – Etax1099 Tax Tips

Though the audit is rare in the United States, most Americans want to avoid them for some reasons. According to Internal Revenue Service (IRS), only a little percentage of the people is audited. But the figures are rising considerably every year since 2008. Note that for the audits, the taxpayers are selected randomly, so you cannot protect yourself from the tax audits if the choice is made. But you can lower the risks by following the tips...