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Wednesday, May 30, 2018

How to Get an HVUT Refund With Form 8849?

Congrats! You finally got out of the old hunker of a rig, and now you drive a brand new shiny truck that’s from this century.

But you paid your 2290 for the truck before you sold it and now you’re out $500.

Well, what if I told you could get that money back? Some may call it magic, others call TSNAmerica.

When we file a Form 8849 on your behalf for you're sold/destroyed/stolen vehicle, we’ll help you get your paid 2290 tax fee back.

Unsure? Let me give you some background on the form and how we can do it.


Form 8849

To put it simply, Form 8849 is designed to let the IRS know that you’ve sold your truck, or that it was destroyed or stolen and the taxes you paid on it should be returned for it that you need back.

Your previous truck is considered exempt so that tax money should come back to you.


How Does That Work?

That’s simple too! To get money back with Form 8849, just give TSNAmerica a call.

Be ready to provide us with your correct name and address ready, also your EIN, the vehicle’s information, and when it was sold/destroyed/stolen. Then let us do the rest.


One More Time for Clarity

Your sold, stolen, or destroyed vehicle is worth money if you paid your HVUT Form 2290 before selling it.

All you need to do to get a refund back on the taxes for that truck is to give us a call and let us help you.

So what are you waiting for? Pick up the phone and call TSNAmerica at 803.386.0320. We’ll be glad to help you get the money back that you deserve.




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Wednesday, May 23, 2018

Advanced HVUT Form 2290 Online Filing is Here!

It is that time of year again! It is time to file your IRS Form 2290 and receive your shiny new stamped Schedule 1. Instead of waiting around until the last moment how about filing your HVUT Form 2290 in advance? There is no need to pay your taxes now you have all summer for that, but you can quickly get IRS filing out of the way. Focus on growing your business this summer now that advanced HVUT Form 2290 online filing is here.

Advanced HVUT Form 2290 Online Filing is Here!

Before we get too far, let me explain a little more about advanced HVUT Form 2290 filing. Advanced filing is more or less the same as e-filing your return; the only difference is that your return is filed and transmitted before July 1st. The IRS starts accepting Heavy Vehicle Use Taxes beginning on July 1st and runs until the deadline on September 3rd.

However, with advanced filing, you can skip the call waiting and file your return today. When the IRS opens, TSNAmerica will automatically transmit your forms. You will be among the first to receive your stamped Schedule 1.

However, you should note that if you file your HVUT Form 2290 in advance, you will need to mail your tax payment to the IRS via check or money order by September 3rd.


Who Can File IRS Form 2290 in Advance?

That is a good question with a straightforward answer. Everyone! You can file your HVUT tax in advance and renew your Schedule 1 for your heavy use vehicle with a gross weight of 55,000 or more ( 7,500 miles for agricultural vehicles).


When Should I File?

You can file in advance right now! I know that you don’t like filing your taxes (honestly the only people that get excited about tax time are CPA’s). However, when you file in advance, you don’t have to worry about it again until July 2020. Also, who wants the IRS breathing down their neck when the deadline is fast approaching?


Don't believe that myth about filing your HVUT tax in advance:

YOU DON'T HAVE TO PAY WHEN YOU FILE!!


Call us today and file over the phone. It is that simple!

Our US-based support team is waiting on the other end of this line for your call. Don’t keep us waiting too long or you will miss out on some fantastic discounts and giveaways. Don’t say I didn’t warn you.



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Wednesday, May 16, 2018

What You Need to Know to be a Successful Owner-Operator

Trucking is a competitive industry that millions of people try to break into every year. Also, many truckers seek to make the transition from truck driver to owner-operator, and unfortunately a lot of them fail. This is a major decision that should not be taken lightly. Whether you are a rookie or seasoned vet, you have dreamed of owning your own big rig. So before you jump headfirst, here is what you need to know to be a successful owner-operator.


What You Need to Know to be a Successful Owner-Operator

So you are transitioning from a company driver to a free and independent owner-operator. Before you splurge on a shiny new rig, there are several things you need to consider and should know.


1. You Need a Boat Load of Money 🛥️

That’s right. To start off you will need a lot of cold hard cash.

The biggest investment you will need to prepare for will, of course, be your truck. It is a good idea to put down a decent down payment toward financing or to lease your truck. A large down payment will keep your monthly payments more affordable. Also, this will help you when you apply for a loan and give you more options with a lower interest rate.

In addition to your truck, you will need money for starting out. You will need money for expenses such as food, lodging, fuel, oil changes, and any unexpected repairs.

If you are planning to charge these expenses on a credit card I highly encourage you to reconsider. Remember that they do come with interest and if they remain unpaid for an extended amount of time your credit will be affected. And on that note let's move on to my next point.


2. You Need to Have Good Credit

Not having solid credit is a mistake most owner-operators make when starting their trucking business. If you have a poor credit rating, there are still several financing companies that will give you a loan for a new truck. However, many lose their truck because of personal financial situations and/or continued poor spending habits.

As a business owner, your success will largely be determined by your time and money management. 


3. You Need a Reliable Business and Tax Advise

Before you start your trucking business, it is always a good idea to seek out professional advice. They will help with planning, organization, and education. It is always useful to talk to a fellow driver in preparation; however, there is a lot at stake when you start your own trucking business. 



4. You Need to be Single or Have a Solid Relationship

This is a point that many don’t take into full consideration when becoming an owner-operator. The time spent away from your family, and significant other can lead to any number of problems. If you don’t have a solid relationship the time spent apart can spell trouble and the time spent away from small children can be devastating.

Being an owner-operator is hard on families so before you start down this road consider what is important to you. This could lead to financial stability but this is a decision that should not be taken lightly.

Comment down below and share this blog with new truckers. Visit TSNAmerica for more trucking news and information.



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Tuesday, May 1, 2018

How To File Your HVUT Form 2290 Now!

It may be hard to believe, but it’s already almost time for you to start filing those 2290's! If you’re currently thinking, “Wait, 2290 season doesn’t start until July?” then you would be correct -- kind of. But TSNAmerica does the unthinkable…

That’s right; you can file your 2290's now!

How Do I File Form 2290?

That’s easy -- just give us a call at 803.386.0320 and talk to one of our friendly, US-based support team members. Once we get your truck information and everything we need to file your 2290 on your behalf, and you can just sit back and relax.

On July 1, once the tax season officially opens up, we’ll transmit your return to the IRS for you. And as soon as they accept it, we’ll email you your stamped Schedule 1.

After that, you’re good to go until July of 2019!

What are the Benefits of Filing Form 2290 Today?


  • Filing before July 1st gives you more time (two months worth!) to amend your return if it gets rejected or if you make a mistake.
  • Filing today doesn’t mean you have to prepay your taxes! You won’t have to pay any taxes until July 1 if you choose to pay with Electronic Funds Withdrawal (EFW). And if you choose to pay by check or money order, you'll have until August 31! That's almost four full months to save up for your taxes.
  • You can still use the same three payment methods you’re used to: Direct Debit (EFW), EFTPS, and Check/Money Order.
  • Your return will be at the very top of the stack when the IRS begins processing returns on July 1. This means you’ll get your Stamped Schedule 1 before anyone else, too!
  • Then you can get back to your life! After you give us a call, we’ll take it from there. We will securely transmit your return to the IRS for you and then email you your Schedule 1.


Seriously, what are you waiting for? Stop worrying about those pesky 2290's today and don't think about it until next July by giving us a quick call today at 803.386.0320!



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