New Law Changes Highway Use Tax Rules: Installment Payment Option Eliminated
The IRS is reminding truckers and other owners of heavy highway vehicles that the installment option for paying the federal highway use tax will no longer be available. This change was included in the American Jobs Creation Act of 2004 and applies to filers of Form 2290, Heavy Highway Vehicle Use Tax Return.Beginning with the Form 2290 for the tax year that begins on July 1, 2005 and ends on June 30, 2006, the balance due shown on the form must be paid in full by the due date of the return. In most cases, the deadline for filing the return and paying any tax due is August 31, 2005. Payment can be made by check, money order or electronically through electric payment (EFTPS).In previous years, taxpayers who timely filed Form 2290 could choose to pay the tax in four equal installments. Ordinarily, these installment payments were due on the last day of August, December, March and June.
About 148,000 taxpayers chose this option last year in 2004.In general, the highway use tax applies to trucks, truck tractors and buses with a gross taxable weight of 55,000 pounds or more. Ordinarily, vans, pick-ups and panel trucks are not taxable because they fall below the 55,000-pound threshold.For trucks and other taxable vehicles in use during July, payments are due on August 31. The tax is based on weight and normally ranges from $100 to $550 per vehicle. A variety of special rules, discussed in the instructions for Form 2290, apply to vehicles with minimal road use, logging or agricultural vehicles, vehicles transferred during the year and those first used on the road after July.State governments are required to receive proof of payment of the federal highway use tax as a condition of vehicle registration. Schedule 1 of the Form 2290 is stamped and returned to filers for this purpose.
This process remains unchanged.The Jobs Act also eliminated reduced tax rates for vehicles registered in Canada and Mexico. For vehicles with a base registration in either country, the tax rate was 25% below the regular rate.In addition, the Jobs Act made electronic filing mandatory for taxpayers who file highway use tax returns for 25 or more vehicles. The availability of electronic filing for Forms 2290 is pending. Taxpayers should continue to file paper returns. The IRS will notify taxpayers when the electronic filing program is available..
Richard Chapo is CEO of <strong>Business Tax Recovery</strong> - Obtaining tax refunds for small businesses for overpaid taxes. Discovery tax strategies and deductions in our tax articles section.Ford To Be Part Of Texas Football
Texans are known for lots of things ? the hot weather, their love for ranches, and football. You can also add to the list their love for pickup trucks which is not very surprising. After all, pickup trucks are very useful in their everyday lives ? from their home duties to work responsibilities. What makes pickup trucks unique among all vehicles is that this type is very flexible and could handle various duties.
And now, the Ford Motor Company is using this Texan love for pickup trucks and football to show off what the company has got to give.
The company is actually planning on sponsoring awards that would be given to the Texas high school football player for the week. Indeed, this would be a good way to give back to its customers and at the same time advertise the products that the vehicle manufacturer has to offer. After all, Texas owns up to a huge share of customers who patronize Ford truck parts,...
Ford To Be Part Of Texas Football
Trucks > Ford To Be Part Of Texas Football
Dog Safety
Summer is coming and more and more people are putting the tops down on their convertibles, letting their dogs get fresh air out of an open automobile window, or letting the dear dog ride in the back of an open pickup truck.This seems like a great idea and dogs do love the wind in their fur; but! It can be a very dangerous thing to allow your dog to do. Cigarettes thrown out of windows, rocks falling from construction trucks, stones being kicked up by cars and blowing sand can all be very harmful to your dogs well being. Your poor pup can land at the vet due to sand or rocks in the eye, or debris in their nose. Dogs in open pick up trucks seldom jump out but could be thrown from a vehicle if it turned suddenly to miss something in the road or if the brakes were to be jammed on quickly. If left in the vehicle when parked, passersby could antagonize your dog and provoke him/her to be nasty or to jump out of the vehicle.
Next time you are inclined to let your dog hang out of a window...
Dog Safety
Trucks > Dog Safety
New Law Changes Highway Use Tax Rules: Installment Payment Option Eliminated
The IRS is reminding truckers and other owners of heavy highway vehicles that the installment option for paying the federal highway use tax will no longer be available. This change was included in the American Jobs Creation Act of 2004 and applies to filers of Form 2290, Heavy Highway Vehicle Use Tax Return.Beginning with the Form 2290 for the tax year that begins on July 1, 2005 and ends on June 30, 2006, the balance due shown on the form must be paid in full by the due date of the return. In most cases, the deadline for filing the return and paying any tax due is August 31, 2005. Payment can be made by check, money order or electronically through electric payment (EFTPS).In previous years, taxpayers who timely filed Form 2290 could choose to pay the tax in four equal installments. Ordinarily, these installment payments were due on the last day of August, December, March and June.
About 148,000 taxpayers chose this option last year in 2004.In general, the highway use tax applies...
New Law Changes Highway Use Tax Rules: Installment Payment Option Eliminated
Trucks > New Law Changes Highway Use Tax Rules: Installment Payment Option Eliminated
CarDonationInfo.org Offers Options for Big Tax Savings for 2004
Looking for last minute deductions and credits to have you save on your 2004 taxes?
Look no further than CarDonationInfo.org. Rather than sell your old, used vehicle, consider automobile donation. The benefits of a car donation for your finances - and state of mind - are tremendous.By donating used cars, trucks, vans or SUVs, donors become eligible for a federal tax deduction. CarDonationInfo.org has several organizations that will take care of everything for you and make the process totally painless."We've tried to make the process of donating a car as painless as possible," said Katie Davidson of CarDonationInfo.org.
"We have several options available to our users, most of which are as easy as dialing a toll-free phone number."To participate, donors simply visit www.CarDonationInfo.org and select from a list of charities they'd like to support.
These charities will then have the vehicles...
CarDonationInfo.org Offers Options for Big Tax Savings for 2004
Trucks > CarDonationInfo.org Offers Options for Big Tax Savings for 2004
Famous Swedish brand names
This article offers some general background information on some well-known Swedish brand names, although some of them may not be commonly recognised as originally Swedish.
Sweden is quite unusual in that, for the size of the country, it has a relatively large number of world-class companies. Until recently, these were largely Swedish owned, and several still are, but some are now owned, wholly or partly, by non-Swedish groups but are still seen as Swedish. However, most of these companies are not familiar to the majority of people because they sell to other industries and not to the general public.
People working in those industries will readily recognise such names as Alfa Laval (separators, heat transfer and fluid handling systems), Aga (industrial gases - now part of the Linde Group), Atlas Copco (compressors, mining and construction equipment), ASEA (electrical equipment - now part of ABB), SKF (world number 1 in ball and roller bearings and seals), SCA (pulp...
Trucks > Famous Swedish brand names
Jerry Reynolds' Prestige Ford Launches Inventory Reduction Promotion
(ContentDesk) May 3, 2006 -- We simply have to move these vehicles said Bobby Malatia, Internet Sales Director at Jerry Reynolds Prestige Ford- Garland.Mr. Malatia has officially approved a very aggressive internet sales campaign that started May 1, 2006. Knowing most new and used car shoppers are utilizing the internet for local pricing deals in Dallas, Mr. Malatia wanted to install a pipeline that connects new and used, Ford car and truck buyers directly to his store. Mr.
Malatia is in a very unique position as this new Ford vehicle campaign launches in Dallas/ Ft. Worth. We really do have over fifty (50), Ford cars and trucks on our lot that are 2004, 2005 and 2006 models compiled of Explorers, Expeditions, Five-Hundreds, Escapes and F150s. These vehicles have never been titled and the only label we can put on them is DEMO .Mr. Malatia explains how these vehicles got left-behind and how they will be marketed. &as we work with local partners, vendors and even friends...
Jerry Reynolds' Prestige Ford Launches Inventory Reduction Promotion
Trucks > Jerry Reynolds' Prestige Ford Launches Inventory Reduction Promotion
Zz’s Petals Opens Online Natural Perfumery Boutique
Cincinnati, Ohio (ContentDesk) June 20, 2006 -- Zz (Liz) Zorn is a natural perfumer. Creating fine artisan fragrances from natural materials. For the past year she has been on a mission to expand her vision and open her own perfume boutique online. Beginning with her Alpha 5 Series. A wonderful collection of five fragrances created from her own personal blends.
Including Sinti, a bold Centifolia Rose Perfume, Jazz Trio #1, A Jasmine Perfume, Grand Canyon, a perfume with notes of Orange,...
Trucks New Law Changes Highway Use Tax Rules: Installment Payment Option Eliminated perfume
Trucks > Zz’s Petals Opens Online Natural Perfumery Boutique
Chocolate, Candy, Fudge
A delicious, mouth-watering piece of sweetened chocolate is a treat that tempts everyone. Whether it's a delicious chocolate truffle or a double dipped chocolate nut cluster that just bursts with flavor as soon as it placed inside your mouth; quality chocolate candy is a treat that you enjoy and deserve.Chocolate candy, soft candy, chewy candy, chocolate and fruit candy are all available today over the internet at great prices.For a quick energy pick up, consider chocolate. After putting your...
Trucks
Trucks > Chocolate, Candy, Fudge
Are You Hiring The Wrong Florist?
Did you know that 3 out of 4 hosts or social planners hire aflorist for their special occasion? Although professionalflorists can enhance your special day with flowers, theflorist must know your style, criteria and budget. Manyattributes must be carefully thought through beforeselecting a florist or flower shop. Carefully read throughthe information below to save you time, money andunsatisfactory results from your florist.Many people agree that flowers are one of the most importantelements in...
Are You Hiring The Wrong Florist? Trucks
Trucks > Are You Hiring The Wrong Florist?
Color Voodoo for Your Closet -- The Real Science of Making Color Work Like Magic
Honolulu, HI (ContentDesk) May 18, 2006 -- Acclaimed color guru and author Jill Morton announces the latest in her series of eBooks: COLOR VOODOO FOR YOUR CLOSET -- How wearing the right colors can help you get what you want. After the unprecedented success of the Color Voodoo series of eBooks including Color Voodoo for the Office and Color Voodoo for Web Site Design, Professor Morton is branching out to help men and women do more than just dress for success&- What is the best color to...
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Trucks > Color Voodoo for Your Closet -- The Real Science of Making Color Work Like Magic
Long Term Care Insurance and Suze Orman - The Ongoing Controversy
Copyright 2006 Clay Cotton
Long term care insurance is an obvious "must-have' for Americans with assets and families to protect and with discretionary income to afford the premiums. While Suze Orman publicly promotes this coverage as the foundation of your financial plan, we wonder if she ought to put even MORE emphasis on LTCi protection
People all-too-often assume that long term care is just for the elderly, and it's shocking to learn that over 40% of nursing home...
Trucks > Long Term Care Insurance and Suze Orman - The Ongoing Controversy
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