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New Law Changes Highway Use Tax Rules: Installment Payment Option Eliminated

The IRS is reminding truckers and other owners of heavy highway vehicles that the installment option for paying the federal highway use tax will no longer be available. This change was included in the American Jobs Creation Act of 2004 and applies to filers of Form 2290, Heavy Highway Vehicle Use Tax Return.Beginning with the Form 2290 for the tax year that begins on July 1, 2005 and ends on June 30, 2006, the balance due shown on the form must be paid in full by the due date of the return. In most cases, the deadline for filing the return and paying any tax due is August 31, 2005. Payment can be made by check, money order or electronically through electric payment (EFTPS).In previous years, taxpayers who timely filed Form 2290 could choose to pay the tax in four equal installments. Ordinarily, these installment payments were due on the last day of August, December, March and June. About 148,000 taxpayers chose this option last year in 2004.In general, the highway use tax applies to trucks, truck tractors and buses with a gross taxable weight of 55,000 pounds or more. Ordinarily, vans, pick-ups and panel trucks are not taxable because they fall below the 55,000-pound threshold.For trucks and other taxable vehicles in use during July, payments are due on August 31. The tax is based on weight and normally ranges from $100 to $550 per vehicle. A variety of special rules, discussed in the instructions for Form 2290, apply to vehicles with minimal road use, logging or agricultural vehicles, vehicles transferred during the year and those first used on the road after July.State governments are required to receive proof of payment of the federal highway use tax as a condition of vehicle registration. Schedule 1 of the Form 2290 is stamped and returned to filers for this purpose. This process remains unchanged.The Jobs Act also eliminated reduced tax rates for vehicles registered in Canada and Mexico. For vehicles with a base registration in either country, the tax rate was 25% below the regular rate.In addition, the Jobs Act made electronic filing mandatory for taxpayers who file highway use tax returns for 25 or more vehicles. The availability of electronic filing for Forms 2290 is pending. Taxpayers should continue to file paper returns. The IRS will notify taxpayers when the electronic filing program is available.

Article Source: www.iSnare.com

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The Lead-Up To The Irish Driving Test

First of all let us say categorically, that passing the Driving Test is only the beginning of your driving career irrespective of how well you do on the day of the exam. It is going to take the average novice driver maybe three years of constant, regular driving, before he or she can then say

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Get Down And Get Dirty. The New Technical Checks To The Irish Driving Test

The latest round of changes to the Irish Driving Test were implemented on, Feb.14th 2005, as part of a chain of E.U.Directives.Test Candidates are now required to have a basic level of mechanical knowledge, which any good professional School of Motoring would have been teaching from day one in any event.The car of today is a very different beast compared with its grandparents and any driver, young or old, should have a range of skills that enable them to identify problems and take the necessary remedial action.The Driving Examiner will select three questions at random from a list of technical aspects which will include opening the bonnet. While it is not exactly space technology, the ability to identify this range of equipment and to describe how individual checks would be performed, does require some thought and a little practise. Some of the equipment will have accompanying warning lights on the instrument panel some does not, so some of the requirements will already be known (hopefully!)Candidates will be asked to explain how they would perform checks on three out of the following list:-Engine Oil: Coolant: Steering: Brakes: Horn: Indicators: Lights: Tyres: Reflectors: Windscreen washer.The under the Bonnet checks relate to:-Power Steering Fluid; Brake Fluid; Engine Oil; Engine Coolant; and Windscreen washer Fluid. In a newer car all of these pieces of equipment are easily identifiable by coloured tops to the various reservoirs, which have an easily recognisable icon painted or etched into them. The location of these five essential items does vary a little from model to model so if you have changed your car in the lead up to the Driving Test then spend a few minutes double checking.In the event of very bad weather (rarely a feature of the Irish climate) it is unlikely that the Examiner will ask for the bonnet to be opened but since he or she has already spent time outside the car, checking brake lights and indicators and paperwork, it

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Do Your Part For The Environment, Your Health, And Your Wallet

Vehicle owners nationwide have the same complaint; the high price of gasoline. It’s as if you’re going to work just to pay for the gas to fill up your tank. Everyone knows when the price of oil goes up, the cost of everything else rises. And the price of keeping your engine running smooth always puts you back in the hole financially.People who dwell in larger cities constantly breathe in poisons released in the air. Research on this pollution problem is well established. Pollutants coming from cars and trucks are responsible for lung disease, lung cancer and asthma. But that’s not all. New research has shown that the poisons coming from our cars and trucks are responsible for increases in many types of cancers, heart disease, and even Alzheimer’s disease.An Easy Way to Help Stop Pollution and Save Your LungsA good suggestion would be to find a product that reduces toxicity in the air, while extending the life expectancy of your car’s engine. Ideally, the product should be effective when used in small amounts and be unique (can be used in gasoline, diesel, RFG, biodiesel, and propane). This product is known as a fuel catalyst, which has been used successfully for over 9 years by thousands of people, as well as city governments, large trucking lines, railroads, farming, and boating companies.Save Money While Improving Your MileageYour product should save you money by reducing fuel consumption and engine maintenance, in addition to the positive environmental effects. If your product can supercharge your gas, you’ll spend less but drive further on every tank of gas! Getting up to 35% increase in gas mileage would certainly be worth your money and time. Just make sure that your product is affordable, yet able to work in all gas vehicles.To recap, you should look for a product that (a) doesn’t poison our air, (b) keeps our lungs healthy and strong, and (c) stop wasting money on gas and engine repair. Let’s keep Planet Earth fresh for our children and grandchildren to enjoy.Copyright (c) 2005 by David M. Rolle’

Article Source: www.iSnare.com

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Tyres And How To Look After Them.

Are..You ..Tyred

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