Working upon our schedule is now a routine and thus, breaking free from the schedule was almost a motive here at ThinkTrade. And that made us wonder, if at all we can celebrate “Due Date Week”. The sole purpose to celebrate Due Date Week is to set a benchmark for our fellow filers to remember and efile their tax return by this week, and relish the idea of celebration.
What is the Due Date Week all about?
This Q4, Form 2290, IFTA and Excise Tax are sharing the same due date and we are reminding our taxpayers to come over and efile their respective return online with ease. Where else will you find such comfort? Well, that is why, we exist.
The due date week falls every quarter like the leap year, arriving once in 4 years. And this week, we are gathering crowd from every state in America to efile and pay their dues online in minutes. We are providing you reason to Make The Switch from paper filing to efiling.
And if you are running the show with no operations this quarter, nothing to worry. You can always share a word of mouth with your friends and colleague about our application. We would love to serve you all with our best efforts. And efiling is one such method, that will leave it own footprints and compel to return the next quarter. After all, the world runs on recommendations.
So what form are you filing this quarter? Let be any of the form or all, we will provide you with a brief description about the form here. Keep following:
Form 2290:
Heavy vehicles are mandatory to be registered with the state if they weigh more than 55,000 pounds or more and should file form 2290 by the due date. Usually, the due date for filing HVUT falls on 1st of July and last till 31st of August. However, if your vehicle was first time used before or after the tax season, you are liable to pay prorated tax by the end of the second month of first use i.e. if you have used your vehicle for the first time in the month of December, you need to file and pay tax by the end of January. And that’s how this tax due date falls on the “Due Date Week”. So if you have taken your heavy vehicle out in the last month, i.e. December, you are liable to file and pay your tax through form 2290 by the end of January.
IFTA:
International Fuel Tax Agreement is a recalled as the agreement between 48 jurisdictions and Canadian provinces in order to simplify the reporting of fuel used by each motor carrier in the jurisdictions. Also, truckers who are liable to report tax through IFTA, should possess an IFTA license and a decal to report IFTA each quarter. Q4 is round the corner, and the due date for submitting IFTA for this quarter is 31st of January.
If you own a license and a decal, you are liable to report IFTA even if you have NO OPERATIONS during the quarter.
Note: With our products, you can enjoy the facility of e preparing online your IFTA return and mail the PDF to your base jurisdiction before the due date to avoid penalties.
Form 720:
Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. Excise Tax has several general excise tax programs; you need to check upon the form and efile accordingly. One of the major components of the excise program is motor fuel.
These taxes are paid quarterly and the due date for filing 4th quarter Form 720 for 2014 31st of January 2015.
Are you wondering what do you have to do during the week? Nothing at all. Sit back and relax or drive your rig, we will efile on your behalf, while you receive schedule 1 copy to your email account. Call our Tax Experts and check on Full Service Option. Let be any form, IFTA or Form 720 or HVUT, request for a full service option. You are likely to have your Taxes filed almost instantly. Simply make your way towards TaxExcise.com and efile your tax return today. Reach our Tax Experts at 1-866-245-3918 or email us your queries to support@taxexcise.com. You can expect instant answers from our end.