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form 720 question

Discussion in 'Ask An Owner Operator' started by PALOU, Jan 29, 2016.

  1. Jan 29, 2016 #1
    PALOU

    PALOU Light Load Member

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    Dec 16, 2013
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    Applying for an EIN...form 720 question...is it yes or no ?
    Just formed an LLC
     
    PALOU, Jan 29, 2016
    PALOU, Jan 29, 2016
    #1
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  3. Jan 29, 2016 #2
    InmanFreight

    InmanFreight Light Load Member

    53
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    May 17, 2015
    Michigan
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    Form 720? Isn't that a quarterly federal excise tax form?? Are you looking in the right place?
    You can get an EIN right on the IRS website in just a few short minutes.
     
    InmanFreight, Jan 29, 2016
    InmanFreight, Jan 29, 2016
    #2
  4. Jan 29, 2016 #3
    PALOU

    PALOU Light Load Member

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    Yes I know that's exactly where they are asking if you going to file form 720
     
    PALOU, Jan 29, 2016
    PALOU, Jan 29, 2016
    #3
  5. Jan 29, 2016 #4
    InmanFreight

    InmanFreight Light Load Member

    53
    56
    May 17, 2015
    Michigan
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    I totally forgot that they asked that question. I answered no.
     
    InmanFreight, Jan 29, 2016
    InmanFreight, Jan 29, 2016
    #4
  7. Jan 29, 2016 #5
    PALOU

    PALOU Light Load Member

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    What about the question does your company own a motor vehicle of 55000 pounds
     
    PALOU, Jan 29, 2016
    PALOU, Jan 29, 2016
    #5
  8. Jan 29, 2016 #6
    InmanFreight

    InmanFreight Light Load Member

    53
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    May 17, 2015
    Michigan
    0
    Yes, your truck and trailer should be rated for 80,000 pounds.
     
    InmanFreight, Jan 29, 2016
    InmanFreight, Jan 29, 2016
    #6
  9. Jan 29, 2016 #7
    PALOU

    PALOU Light Load Member

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    Dec 16, 2013
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    I think I need to pm you
    Thkx
     
    PALOU, Jan 29, 2016
    PALOU, Jan 29, 2016
    #7
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