Highway Use Tax Due

For those of you who thought taxes were done and over with April 17, think again. On August 31, the Highway Use Tax is due for truckers and owners of heavy vehicles that frequent Americas’ highways. The deadline applies to motor vehicles that weigh 55,000 pounds or more. This includes trucks, tractor trailers, buses, and other large vehicles. The required form, Form 2290, is available to be filed on paper but the IRS encourages electronically filing. Taxpayers who report 25 vehicles or more must e-file.  

This year due to facility maintenance taking place over the Labor Day weekend, the IRS asks that the electronic forms be filed before 1p.m Eastern Time on Friday, August 31. For those who miss the 1p.m. deadline, guidelines on how to e-file for an extension will be announced soon.  The August 31 deadline for paper filers remains unchanged.