ROCK HILL, SC – Truckers have two important trucking tax deadlines coming up on November 2, 2020. Trucking companies need to file their third quarter IFTA report and truckers who first put a semi on the road in September 2020 need to file their IRS Form 2290.
The International Fuel Tax Agreement (IFTA) requires nearly all owners of commercial motor vehicles that travel interstate to file a quarterly report detailing all their mileage and fuel purchases. Their IFTA tax amount is determined by their mileage and fuel consumption in each IFTA jurisdiction.
The IRS Form 2290 is used to calculate heavy vehicle use taxes (HVUT) for all commercial motor vehicles with a taxable gross weight of 55,000 pounds that travel on public highways. Truckers must file their Form 2290 at the end of the month following their vehicle’s first use month (FUM). So if they put a truck on the road in September, their Form 2290 deadline would be October 31.
This year, October 31 falls on a Saturday, so for both IFTA and Form 2290, the deadline is the next business day, November 2, 2020.
ExpressTruckTax and ExpressIFTA, products of SPAN Enterprises, offer market-leading software solutions for IFTA and Form 2290. With ExpressTruckTax truckers can expect a simplified Form 2290 e-filing experience with guaranteed IRS acceptance. The whole process takes less than 5 minutes and is backed up by a 100% US-based customer support team that can be reached by phone, email, or live chat.
With ExpressIFTA, truckers can enter their IFTA data and generate an accurate IFTA report which they can use to file with their base jurisdiction. ExpressIFTA ensures report accuracy by offering an instant error check and by constantly updating its system with the latest exemptions and rate changes.
“With ExpressTruckTax and ExpressIFTA, our goal is to remove stress from trucking taxes for America’s truckers,” says Agie Sundaram, CEO of SPAN Enterprises. “We build all our solutions to be simple and affordable, with real truckers in mind.”
Truckers seeking the best trucking tax solutions are encouraged to visit ExpressTruckTax.com to learn more.
About SPAN Enterprises:
Since 2009, SPAN Enterprises has served trucking industry professionals with innovative cloud-based software solutions including ExpressTruckTax, TruckLogics, and ExpressIFTA. Hundreds of thousands of truckers look to SPAN Enterprises for affordable prices and excellent customer support. Additional SPAN Enterprises products include TaxBandits, PayWow, ACAWise, 123PayStubs, ExpressExtension, ExpressEFile, and ExpressTaxExempt. These simplified tax and payroll products have revitalized the process of paying contractors and employees, staying ACA compliant, and e-filing business-related taxes. From their Rock Hill, SC office, SPAN Enterprises works every day toward a better future full of possibilities for every one of their clients. For more information about SPAN Enterprises, visit http://www.spanenterprises.com/.