Category Archives: Federal Excise Tax Electronic Filing

Federal Excise Tax Electronic Filing

Excise Taxes – Tax Tips for Construction Companies

Construction companies may be liable for the federal highway vehicle use tax. These companies may also be eligible to claim an income tax credit or a refund for gasoline, diesel fuel, or kerosene that is used in nontaxable uses.

Heavy Highway Vehicle Use Tax

A truck or truck tractor is subject to the highway vehicle use tax if it:

Is a highway motor vehicle (generally, a vehicle moved by its own motor and designed to transport a load over the public highways, even if it is designed to do other  things)

Is registered or required to be registered for highway use

Is used on a public highway, and

·Has a taxable gross weight of at least 55,000 pounds (taxable gross weight means the weight of the vehicle plus the weight of the trailers and semi-trailers customarily used in connection with vehicles of the same type, plus the weight of the maximum load customarily carried on vehicles, trailer, and semi-trailers of the same type)
The tax applies to the first use of a taxable vehicle on a public highway during the taxable period, which is each July 1st through June 30th. The person in whose name a taxable vehicle is registered or required to be registered must pay the tax on Form 2290, Heavy Highway Vehicle Use Tax Return. The tax is due by the last day of the month following the month in which the vehicle is first used during the taxable period. Thus, if you use a taxable vehicle in July, you must file Form 2290by August 31st.

Fuel Tax Credits and Refunds

A federal excise tax is imposed on gasoline ($.184 per gallon), clear diesel fuel ($.244 per gallon), and clear kerosene ($.244 per gallon). The amount of these taxes may be credited or refunded if these fuels are used in many types of off-road uses. Common off-road uses include use as heating oil, use in stationary engines, use in non-highway vehicles, and use in separate engines mounted on highway vehicles.

Generally, refunds of $750 or more may be claimed quarterly on Form 8849, Claim for Refund ofExcise Taxes. Claims not made on Form 8849 may be claimed as income tax credit on Form 4136,  Credit for Federal Tax Paid on Fuel(PDF).

Note that a credit or refund is not allowable for the following:

· Any use in the propulsion engine of a registered highway vehicle, even if the vehicle is used off the highway·   Any fuel that is lost or destroyed through fire, spillage, or evaporation·         Any use of dyed diesel fuel or dyed kerosene. In fact, you may be subject to a substantial penalty if you use dyed fuel as a fuel in a registered diesel-powered highway vehicle
It is important to keep records to support your claim. Keep these records at your principal place of business. These records should establish the number of gallons used during the period covered by the claim, the dates of purchase, the names and addresses of suppliers and amounts bought from each in the period covered by the claim, the purposes for which you used the fuel, and the number of gallons used for each purpose.

**If you use propane or other special fuels in registered highway vehicles, you may be liable for tax on this use.

With TaxExcise.com it is easy to e-file Form 2290 and Form 8849 Refund Claims of Excise Taxes.
Give it a Try for Free and pay only if you print or e-file with the IRS. Experience the difference only with www.TaxExcise.com

www.TaxExcise.com is committed to provide the Best in Quality and Service for all our users,  www.Tax2290.com / www.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 2290, Form8849 & for  Form720.
www.Tax2290.com / www.TaxExcise.com are products of Think Trade Inc. We are a BBB accredited company with A+ certification. For any queries please reach us at 1-866-245-3918 or simply write to us at support@taxexcise.com.

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IRS tax form 2290, Efile only with www.Tax2290.com

The IRS Form 2290 is made available from Nov 1, 2011 for the Tax Year 2011-12, If your vehicle was first used in July, August, September or October 2011, you are required to file Form 2290 by November 30, 2011. You will not be liable for any late filing penalty or interest if you meet this due date. Beginning November 1, 2011, we will provide a stamped (receipted) Schedule 1 to those who file and pay their tax.

Efile the IRS Tax Form 2290 through http://www.TaxExcise.com or http://www.Tax2290.com the #1 efile service provider and certified by the IRS.

E-file VIN correction

reporting VIN correction to the IRS can now be done online accessing http://www.taxexcise.com or http://www.tax2290.com. No need to send paper forms for correction the mistakenly filed VIN#. click here to check more

Efile 2290 Amendment

When reporting an original Form 2290 with IRS for the tax year, you would have increased your Gross Weight, or crossed the Mileage Limit from the originally filed Form 2290. Report an amendments online and get it corrected in your Schedule 1 copy. Click here to read more

Form 2290 Credits

Efile the Sold / Transferred / Destroyed Vehicle claims to the IRS and receive your claims faster now. You have paid and would have sold the vehicle, so IRS may owe tax credits for the sold vehicle. Now claim the 2290 refunds online and get your refund faster. Click here to read more

Please feel free to reach the Support Center at 866-245-3918 for any further support, we love to help you through your filing. Also email us your queries to support@taxexcise.com for instant reply

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IRS Seeks to Return $153 Million in Undelivered Checks to Taxpayers; Recommends e-file, Direct Deposit to Avoid Future Delivery Problems

WASHINGTON — In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due refund checks this year that could not be delivered because of mailing address errors.

Undelivered refund checks average $1,547 this year.

Taxpayers who believe their refund check may have been returned to the IRS as undelivered should use the “Where’s My Refund?” tool on IRS.gov. The tool will provide the status of their refund and, in some cases, instructions on how to resolve delivery problems.

Taxpayers checking on a refund over the phone will receive instructions on how to update their addresses. Taxpayers can access a telephone version of “Where’s My Refund?” by calling 1-800-829-1954.

While only a small percentage of checks mailed out by the IRS are returned as undelivered, taxpayers can put an end to lost, stolen or undelivered checks by choosing direct deposit when they file either paper or electronic returns. Last year, more than 78.4 million taxpayers chose to receive their refund through direct deposit. Taxpayers can receive refunds directly into their bank account, split a tax refund into two or three financial accounts or even buy a savings bond.

The IRS also recommends that taxpayers file their tax returns electronically, because e-file eliminates the risk of lost paper returns. E-file also reduces errors on tax returns and speeds up refunds. Nearly 8 out of 10 taxpayers chose e-file last year. E-file combined with direct deposit is the best option for taxpayers to avoid refund problems; it’s easy, fast and safe.

The public should be aware that the IRS does not contact taxpayers by e-mail to alert them of pending refunds and does not ask for personal or financial information through email.  Such messages are common phishing scams.  The agency urges taxpayers receiving such messages not to release any personal information, reply, open any attachments or click on any links to avoid malicious code that can infect their computers.  The best way for an individual to verify if she or he has a pending refund is going directly to IRS.gov and using the “Where’s My Refund?” tool.

More Links:

Video: Undeliverable Refunds: English | Spanish | ASL
Podcast: Undeliverable Refunds

Source: www.irs.gov Issue Number: IR-2011-113

Federal Excise Tax Electronic Filing, Form 2290 VIN Correction

Heavy Truck Tax Form 2290 is due by Nov 30, 2011!

The IRS Tax Form 2290 filing for the Tax Year 2011-2012 is on from November 1st, 2011.

E-filing Form 2290 through TaxExcise.com / Tax2290.com for filing your IRS tax form 2290 for 2011-12 is open now. After the unusual start of this tax period for Heavy Vehicle Use Taxes, finally Congress enacted an extension of the current HVUT tax legislation through Sep 2012.

Now the Heavy Highway Vehicle Use Tax Form 2290 efiling for the current tax year is on from November 1st to November 30th, 2011. Form 2290 is due by November 30, 2011, taxpayers will be required to file Form 2290 for vehicles first used in July, August, September and October 2011. So don’t left behind, just go to www.Tax2290.com and check your information. You can import your tax details from previous year tax returns, just make current changes and keep it ready. It is so easy. www.Tax2290.com has come up with few ultimate features just for you.

#IRS stamped Schedule 1 copy in minutes

#Bulk Upload for large fleets

#Get Instant Text Alert on your 2290 return status

#Get IRS stamped Schedule 1 copy by FAX

#Best Support through e-filing 2290

Hope you are aware that IRS has mandated e-filing for taxpayers with 25 or more vehicles with registered gross weight of 55,000 lbs or more, but always encouraged everyone to do e-filing. E-file now with www.Tax2290.com and get your IRS stamped Schedule 1 copy in minutes.


For the Tax Year 2011, IRS tax Form 2290 is due Nov 30!


www.Tax2290.com provides a streamlined user friendly online website for filing Heavy Vehicle Use Tax, IRS Form 2290. It has many unique features for your convenience and offers seasonal pricing for your benefits. It also provides a special interface for Tax Professionals.
www.Tax2290.com / www.TaxExcise.com is rated as #1 by Heavy Truck Tax filers
Our customer support team knows what you need to file on Form 2290 and can assist you with expert advice, including how to obtain a copy of your Schedule 1 for the tax payers preferred Tax  period.  You can contact a representative by calling our toll-free number at 1-866-245-3918 or mail us at support@taxexcise.com

Experience the difference only with www.TaxExcise.com / www.Tax2290.com Rated #1 by Excise Tax payers, One Stop Shop for all your Excise Tax needs. E-file Today, it?s Safe!!!

Why waiting till the last minute to do your tax returns. Avoid getting penalized by the IRS, E-file it today and get it done in minutes!!!

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Taxpayers Who File Electronically Must Use e-Signatures!

In an effort to make electronic filing even more secure and paperless, the Internal Revenue Service now requires all taxpayers who file their tax returns electronically to also use electronic signatures. The IRS has eliminated the paper signature document for e-filed returns.

Just as the familiar automated teller machines use personal identification numbers, so does the IRS e-signature process. If filing a joint return, each taxpayer must create and use his or her own PIN to sign the tax return. The IRS also must verify your identity so there will be personal and tax-related questions. You should have your prior year 2009 tax return on hand if it’s available.

There are two ways to create an IRS e-signature PIN: self-select PIN method and practitioner PIN method.

Self-Select PIN Method

Taxpayers who are preparing their own returns using software must use the self-select PIN method. The self-select PIN allows taxpayers to select five numbers (except all zeros) to enter as their electronic PIN signature. The IRS still must verify the taxpayers’ identities. As part of the verification process, you must provide either your adjusted gross income listed on your 2009 tax return or your 2009 PIN used to e-file your return last year. It also will ask for date of birth. For joint returns, both taxpayers must create PINs using this method.
If you have never filed a tax return before, you can still use self-select PIN by using zero as your 2009 AGI. Do not leave this field blank. However, the space for the 2009 PIN should be left blank.
Practitioner PIN Method

Taxpayers who use a volunteer or paid tax preparer may use the practitioner PIN method or the self-select PIN method. The practitioner PIN method allows you to authorize your tax preparer to enter or generate your five-digit PIN on your behalf. You must sign Form 8879, IRS e-file Signature Authorization. The practitioner retains Form 8879 but does not mail it to the IRS. Some tax preparers may use an electronic signature pad for Form 8879 this year. Taxpayers who are age 16 and younger must use the practitioner PIN method.
IRS-issued Electronic Filing PIN

For taxpayers using the self-select PIN method but who cannot recall their 2009 adjusted gross income or their 2009 PIN, the IRS will issue a temporary Electronic Filing PIN (EFP.) This EFP can be used in place of the 2009 PIN and allow taxpayers to complete the self-select PIN method once their identity has been verified. Most tax software will contain a link to the EFP tool or you can search IRS.gov use keywords “ Electronic Filing PIN Request.” You also can use an automated, self-service telephone assistant by calling 1-866-704-7388.
Follow the instructions to receive your electronic filing PIN. Again, the IRS must verify your identity so you will need to provide some personal information and some tax-related information. You will need to know the filing status (i.e. single, married filing jointly, head of household, etc.) and the address used on your 2009 tax return.
The EFP will generate a five-digit number that you can substitute for your 2009 PIN. You can then return to the self-select PIN method, place the temporary EFP in the appropriate field and complete the signature process.
Ordering Your 2009 Tax Transcript

If you are unable to complete the EFP application and you cannot locate your 2009 tax return, you can order a transcript which will contain information such as your AGI that you can use to complete the self-select PIN method. There is no fee for a transcript.
The IRS has a new process for 2011 that allows you to order your transcript from IRS.gov. Just look for “online services” on the home page or search “Order a Transcript.” Your transcript will be sent to the address listed on the 2009 tax return. You also can call 1-800-908-9946 to order a transcript.
You can go to IRS.gov and print Form 4506T-EZ, Short Form Request for Individual Tax Return Transcript. The form can be completed and then faxed or mailed according to the form’s instructions. Generally, you do not need a copy of your exact tax return in order to complete the PIN process. Allow 7 to 10 days to receive the tax transcript.
Signing a joint return when spouse is not available.

If your spouse is serving in a combat zone and you do not have power of attorney, you can still create a self-select PIN for your spouse and e-file the return. After e-filing your return, just submit a signed statement explaining your situation with Form 8453, U.S. Individual Income Tax Transmittal for an IRS e-file Return, and mail according to the instructions.
If you have power of attorney for a military spouse or anyone who must file a tax return, you can use the self-selection PIN method to sign their return. You must also attach the power of attorney to Form 8453 and mail both to the IRS. Again, you should follow the mailing instructions on Form 8453.
Form 8453 can be used to submit any required paper documents in support of your tax return.
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www.TaxExcise.com is committed to provide the Best in Quality and Service for all our users, www.Tax2290.com /www.TaxExcise.com is a certified, IRS authorized  e-file service provider for Form 2290, Form8849 and For m 720.Tax2290 is a product of ThinkTrade Inc and a part of TaxExcise.com. We are a BBB accredited company with A+ certification.
For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at support@taxexcise.com