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The HVUT, or Heavy Vehicle Use Tax, is once a year tax paid by truck drivers or owners of trucking companies. It ties in with drivers operating large vehicles on our nation's highway, and a number of the money goes towards maintaining roads, alleviating congestion, keeping the roads safe, and funding new creations.
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Some people might still make do with it, within the you get caught avoiding the filing of the irs Form 2290, you could be charged transfer pricing some.5% of the owed amount, and in addition just filing past the deadline entails paying nil.5 percent of the balance in late fees.
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