The Heavy Vehicle Use tax season is coming right at us at full speed! You can try to jump out of the way, but you’ll still need to file your 2290 Form by the August 31 deadline. Don’t let the deadline run you over. Be prepared and file as soon as possible to avoid having your form rejected. Part of being prepared involves knowing that you’re required to have an EIN to file.
Your EIN (Employer Identification Number) is also known as the Federal Tax Identification Number and the Federal Employer Identification Number or FEIN. EINs are assigned to businesses operating in the United States in order to identify them for tax reporting purposes. Each EIN consists of a unique 9 digit number.
This is important because you are required by the IRS to have an EIN to complete your 2290. They need it to identify you to correctly verify that you’re filing for yourself and to prevent fraud.
There may be some confusion when it comes to EINs and Social Security Numbers (SSN) because they’re both 9 digit identification codes. However, EINs are used to identify businesses, and social security numbers are used to identify individuals. Also, the IRS used to accept SSNs in place of EINs on 2290 Form, but that is no longer the case. If you use your SSN in the EIN field your form will be rejected.
Plus, when it comes to the information on your 2290 Form such as your business name and address, it will need to match what the IRS has on file or it could be rejected. You can see if your information matches what the IRS has on file by contacting the IRS directly at 800- 829-4933.
If you don’t have an EIN you can apply online for free with the IRS. Once you finish applying you will instantly receive your 9 digit EIN, but please keep in mind that it will take about 15 days for your EIN to update in the IRS’s system and your 2290 Form could be rejected during this time.
Each EIN is is a unique code that never expires. However, as a sole proprietor you may need a new EIN if you’re subject to a bankruptcy proceeding, you incorporate, you take in new partners and operate as a partnership, or you purchase or inherit an existing business.
Why wait when you can go ahead and knock out your 2290 Form today? Go ahead and file online with ExpressTruckTax or the ExpressTruckTax App now. Simply follow the step-by-step filing guide to instantly complete your form. As a result, your Form 2290 will be transmitted directly to the IRS and you’ll get your stamped Schedule 1 in about 15 minutes.
You can also call TSNAmerica at 803-386-0320 to file your 2290 Form today over the phone. Simply give them a call and an outstanding US-based representative will file your 2290 for you! It’s that easy. Plus, you will instantly get a copy of your stamped Schedule 1 via email.