Most people have a picturesque idea of what it’s like to work in the trucking industry. They imagine a truck driver traveling across the nation, getting a first-person view of the amber waves of grain and purple mountain majesties. They envision a job filled with hard-work and independence. Those assumptions are true in part but there are other, less romanticized, aspects of trucking. No one dreams about staying compliant with all the government regulations and the legal documents. Those of us in the industry know that keeping your trucking company compliant is practically a full-time job.
Keeping up with the legal paperwork and renewal filings is time consuming for the busy trucking company owner that’s preoccupied with trying to run a successful business. There are quarterly International Fuel Tax Agreement (IFTA) filings, annual Unified Carrier Registration (UCR) filings, Biennial Updates for Motor Carrier (MC) authority, and more. It’s a lot to remember. The Form 2290 Heavy Highway Vehicle Use Tax, commonly referred to as HVUT, is part of that complicated equation.
What Is a 2290 Tax Form?
The Heavy Highway Vehicle Use Tax Return (HVUT) or Form 2290 is a Federal Excise Tax on heavy vehicles operating on public highways at registered gross weights equal to or greater than 55,000 pounds. The Form 2290 is due by August 31 for the period running from July 1 to June 30 annually. You must present a copy of your HVUT Schedule 1 to renew your license plates each year.
In short, it’s an additional IRS tax filing that needs to be filed every year for most trucking companies. There are a few vehicles that are exempt from filing their HVUT, that criteria can be found here.
E-file Form 2290
You could sure use a break, right? Because we specialize in working with small to medium-sized trucking companies, we know that time-saving tools and services are invaluable to our clients and all trucking company owners. That’s why we’ve made filing your Form 2290 easy! We’ve partnered with Express Truck Tax to provide a simple and hassle-free way to e-file Form 2290s for all trucking companies. You’ll be walked through four short steps to get your HVUT Schedule 1 in minutes and get access to customer support experts to help answer your questions if you need assistance along the way. Start your filing here!
Renewal Filings the Apex Way
We take compliance one step further at Apex by providing the option to file your Form 2290 for you. It doesn’t get easier than that! The HVUT is just one of the compliance documents we can help with. Our Renewal Filings program also includes Biennial Update, BOC-3 renewal, UCR renewal, and more. We send our clients reminders when their next renewal is due so that they can choose to renew them on their own or let us do it for them.
Imagine not having to worry about missing renewal filing deadlines, like the Form 2290. That’s just one of the advantages of being an Apex client! Get fast cash for your freight bills, world-class customer service that helps you stay compliant, and receive great fuel discounts with the Apex Fuel Card. Give us a call at 855-369-2739 or get started here!