3

Click here to load reader

HVUT form 2290 late filing penalty and interest

Embed Size (px)

DESCRIPTION

The law provides penalties for failing to file returns or pay taxes when due. There are also penalties for filing false or fraudulent returns. These penalties are in addition to interest charge on late payments. The penalty for filing a return late or paying the tax late will not be imposed if you can show reasonable cause for not filing (or paying) on time. If you file after the due date (including extensions), attach an explanation to the return to show reasonable cause. Filing your Form 2290 for Heavy Vehicle Use Tax (HVUT) can be time consuming and confusing. The IRS has simplified this process by introducing the ability to E-File your Form 2290. Now that you can E-File, you can complete the process within minutes and you have an online record of previous returns right there at your fingertips. ExpressTruckTax is an IRS Authorized E-File Provider that makes this process even easier with their friendly US based customer support team who is ready to eager to lend a helping hand if necessary. The program is very easy to use, even for those who are not too comfortable with a computer or smartphone.

Citation preview

Page 1: HVUT form 2290 late filing penalty and interest

ExpressTruckTax.com is an authorized IRS e-file provider. ExpressTruckTax.com is part ofExpress Tax Zone line of products and is ownedand operated in Rock Hill, SC.

© 2013 ExpressTruckTax.com, SPAN Enterprises LLC. All rights reserved.

HVUT late filing Penalty &

Interest

The law provides

penalties for failing to

file returns or pay

taxes when due.

Page 2: HVUT form 2290 late filing penalty and interest

ExpressTruckTax.com is an authorized IRS e-file provider. ExpressTruckTax.com is part ofExpress Tax Zone line of products and is ownedand operated in Rock Hill, SC.

© 2013 ExpressTruckTax.com, SPAN Enterprises LLC. All rights reserved.

HVUT Late filing Penalties & Interest

Penalties can be incurred for failing to file Form 2290 returns or pay

Heavy vehicle Use Taxes when they are due. There are also penalties for

filing false or fraudulent returns. These penalties are imposed in addition

to interest charges for late payments.

Penalties for HVUT non-compliance are costly for motor carriers. The

penalty for failing to file IRS Form 2290 by August 31st is equal to 4.5%

of total tax due, assessed on a monthly basis up to five months. Late filers

not making an HVUT payment also face an additional monthly penalty

equal to 0.5% of total tax due. Additional interest charges of 0.54% per

month accrue as well.

Based on these rates, an HVUT liability that was originally $550 would

climb to over $700 by the end of the five-month period of delinquency. In

addition to these federal penalties, states will suspend the registrations

of vehicles for which proof of HVUT payment has not been provided.

So avoid these penalties by E-Filing your Form 2290 today.

For more information or to get started, visit ExpressTruckTax.com or

contact our friendly US Based Express Tax Support Center in Rock Hill,

Page 3: HVUT form 2290 late filing penalty and interest

ExpressTruckTax.com is an authorized IRS e-file provider. ExpressTruckTax.com is part ofExpress Tax Zone line of products and is ownedand operated in Rock Hill, SC.

© 2013 ExpressTruckTax.com, SPAN Enterprises LLC. All rights reserved.

SC at 704-234-6005 or email us at [email protected]. We

have Spanish Support too!

ExpressTruckTax not only is an IRS Authorized E-File Provider, but they

stay on the cutting edge of the latest technology and their customer

service is top notch. We are..

IRS Approved McAfee SECURE TRUCK ZONE

Express Truck Tax on MOBILE

http://m.expresstrucktax.com/

Connect with us