Are you prepared for the HVUT/2290 filing deadline?

Filing the appropriate taxes on your vehicles is key to keeping your fleet in compliance and on the road working for you. One of those taxes is the federal heavy vehicle use tax (HVUT). 

The new HVUT tax year began on July 1, and taxes for 2023–2024 are due by Aug. 31.

“Since states may deny vehicle registration or renewal without proof that you paid this tax, it’s important to stay current with changing regulations, understand the required forms and filings, and file on time to keep your trucks...

https://www.freightwaves.com/news/are-you-prepared-for-the-hvut2290-filing-deadline

Owner-operators seek one-year suspension of heavy vehicle tax

Small-business truckers are countering a tax proposal by their big-business counterparts with one of their own: Suspend the heavy vehicle use tax (HVUT) — a better way to provide relief to the industry than suspending the federal excise tax (FET), they contend.

In a Thursday letter to congressional leaders, the Owner-Operator Independent Drivers Association (OOIDA) argued that a one-year suspension of the HVUT — an annual fee that costs about $550 per truck — would help every trucking business,...

https://s29755.pcdn.co/news/owner-operators-seek-one-year-suspension-of-heavy-vehicle-tax