Managing HVUT for a growing fleet
Buying new trucks is certainly one way to grow your fleet, but it’s not the only way. While the reasons may change over the years, mergers and acquisitions continue in the transport industry. Plus, renting or leasing vehicles continues to be a popular alternative for many carriers.
All this fluctuation within a fleet can make it easy to fall out of compliance with heavy vehicle use tax (HVUT) requirements. With the annual deadline quickly approaching, check out the following tips to keep your operation in good standing and avoid late fees, penalties, and interest.
The challenges of a fluctuating fleet
More vehicles can lead to more complexity. Responsibilities under HVUT are affected by:
- When the vehicles are added to a fleet,
- The structure of mergers and acquisitions, and
- The length and terms of leases and rental agreements.
Not understanding the requirements can increase the risk of missed filings and penalties.
The tax year runs from July 1 through June 30 each year. For vehicles operating on U.S. roads in the month of July, the Form 2290 (Heavy Highway Vehicle Use Tax Return) and payment is due annually by August 31.
When adding a truck during other months, the tax must be filed and paid by the end of the month following the month of the vehicle’s first use. For example, for a vehicle first used during October, the tax is due by the end of November.
Smart management tips
Once those details are clear, it’s important to stay on top of Form 2290 submissions and payments. To do this:
- Keep vehicle records current.
- Use reminders and a centralized tracking system.
- Regularly review compliance status.
Technology can help
Technology can make this job easier. Use fleet software:
- For HVUT tracking, and
- To automate filing and payment alerts.
Professional help
It’s also important to recognize when it’s time to reach out for help. Not all companies have the time, staff, or resources to deal with every aspect of the business. This is where outsourcing may be a good option.
Know when it’s time to bring in a tax expert. Understand the benefits of outsourcing HVUT tasks. A little help from a reliable source can ensure everything is done correctly and let you focus on what you do best.
Audit readiness
Once the HVUT requirements are clear and your tax returns and payments are up to date, you’ll need to document the details to provide in the event of an audit:
- Keep detailed records.
- Be prepared for Internal Revenue Service (IRS) reviews of your operations.
Key to remember: If changes to your fleet will change your responsibilities under HVUT, be sure to stay organized and proactive as your fleet expands.



















































