Monday, April 30, 2012

What is Employer Identification Number (EIN)?


It is a 9 digit unique number assigned by IRS for the Business / Organization.

What is meant by E-File?


E-Filing is a safest and most secured Electronic filing process to file your Tax return. You can also save your precious time by doing e-filing.

Wednesday, April 25, 2012

When Your Taxes Are Due



IF, in this period, the
vehicle is first used during
Then, file Form 2290 and
make your payment by*...
and enter this date
on Form 2290, line 1
July August 31** YYYY07
August September 30** YYYY08
September October 31** YYYY09
October November 30 YYYY10
November December 31 YYYY11
December January 31 YYYY12
January February 28 YYYY01
February March 31 YYYY02
March April 30 YYYY03
April May 31 YYYY04
May June 30 YYYY05
June July 31 YYYY06
* File by this date regardless of when state registration for the vehicle is due
** NOTE: Taxpayers who were expected to file Form 2290 and pay by the last day of August, September or October 2011 have an extension on their due date until November 30, 2011.

Tuesday, April 24, 2012

How do I make corrections to my e-filed return?



You can e-file an amendment for gross weight increment and/or exceeding the mileage limit. However, if you make another type of error on your e-filed and accepted return, you will need to make corrections on a paper Form 2290 and mail it to the address shown in the Form 2290 instructions.

Monday, April 23, 2012

Where can I find an approved e-file provider?

You can find an approved provider for Form 2290 on the 2290 e-file partner’s page of IRS.

Why do I need an Employer Identification Number (EIN) to e-file?

IRS needs to have a system for protecting your privacy and making sure they know the identify of their filers. The IRS uses a combination of EIN and business name as a unique identifier for each taxpayer. On an e-filed return, if a taxpayer's unique ID doesn't match with IRS's records, the return gets rejected.

Sunday, April 22, 2012

My Department of Motor Vehicles (DMV) won't accept my Schedule 1 as a proof of payment. What do I do ?

When you E-File your Form 2290, the IRS will apply a digital watermark to your Schedule 1. This electronic Schedule 1 is your official proof of payment. If a state or local DMV won’t accept this digital Schedule 1, please call IRS help desk at 1-866-699-4096 and provide the IRS with a brief description of the issue and the contact information of your local DMV. The IRS will be able to assist and ensure that your DMV accepts your electronic Schedule 1.