Tax filing is usually an uphill task especially if it involves some paperwork specific to particular sectors. Form 2290 is one such document which is meant for Heavy Highway Vehicle Use Tax. If you are new to this procedure, then you may ask yourself why you cannot file a Form 2290 using a Social Security Number (SSN). Some explanations on this requirement will surely help.

Understanding Form 2290

Heavy highway vehicles taxes are collected by Internal Revenue Service through the use of Form 2290. The aim of this levy is to maintain and repair roads extensively used by these vehicles. Trucks, buses and any other heavy vehicles owners whose weight exceeds the defined limit have to file this form annually.

The Importance of EIN in Form 2290 Filing

The IRS requires that instead of SSN one should provide an Employer Identification Number (EIN) while filing Form 2290. This is mainly done for proper business identification as well as facilitating tax process movements on commercial motor vehicle fleet. An EIN functions like SSN does with regard to unique identification for businesses.

Security and Verification

Using EINs when filing form 2290 improves the security aspect and reduces identity theft possibilities. Since personal identifier stands for a social security number, its usage in business related tax forms may compromise individual details into potential risks. Business transactions and personal information must not intermingle; thus, there should be separate accounts from where they can draw all of the money from anytime they please.DEVELOP A PLUS ONE THE LAST PARAGRAPH

Consistency in Business Filings

The EIN requirement is necessary for uniformity among different tax business related documents. A company often has to fill numerous tax forms and using an EIN for all these filings ensures homogeneity and precision. This is because the IRS can efficiently process and track tax submissions that are submitted uniformly, thus reducing errors.

Applying for an EIN

If you do not have an EIN, it is a simple procedure to apply for one. You can get your EIN through the Internal Revenue Service’s website or by mailing in a completed Form SS-4. The online application takes just a few minutes, in most cases about five, and there is no fee involved. After acquiring an EIN number, it becomes possible to use it while filing taxes in relation to any business under Form 2290.

The requirement of using an EIN rather than SSNs may appear inconvenient at first but this measure is meant to protect you as well as your business. It provides security measures, consistency in data entry ,and proper identification within IRS’ system. By grasping these grounds you will easily walk through the automated process of filling forms with confidence; otherwise consult with us on how we can help you obtain your own personal or organization’s tax ID today.

Note: For more information, visit IRS website