When it comes to filing your 2290 with the IRS, what you don't know can definitely hurt you. If this is your first time filing a 2290 form, it's crucial that you avoid making costly mistakes. Some common mistakes will cost you valuable time to repair, while other mistakes may cause your tax return to be rejected. Before you file your taxes, be sure you double-check the following information.

1. Confirm the First Month of Use

When it comes to heavy trucks, it's important that you list the proper first month of use on your tax forms. For 2290 purposes, most truck owners will list July as the first month of use because that is when the new tax year begins. However, if you purchase your truck at the end of the tax year, such as January, you'd list the next month as your first month of use. Listing the wrong month won't jeopardize your tax return but it may cause problems when it comes time to renew your tags.

2. Make Sure the EIN Matches

If you drive a heavy truck, you probably have an EIN or employer identification number. When you file your 2290, you're going to need to list your EIN. Be sure to double-check to ensure you've listed the number correctly and that your name matches the EIN you've listed.

It's also a good idea to contact the IRS to ensure that your EIN has been registered prior to filing your 2290 for the first time. If you're EIN hasn't been registered yet, it can delay your tax return.

3. Double-Check the VIN Number

Even if you think you know the VIN–vehicle identification number--on your truck, one small mistake can cause your tax return to be denied. Before you file your 2290, take the time to verify the VIN on your truck. It takes less time to verify your VIN than it does to have the IRS correct the information.

4. Don't Miss the Filing Deadlines

When it comes to your IRS 2290 filing, missing a filing deadline is one of the costliest mistakes you can make. This mistake can end up costing you 4.5% of the total taxes due. You also risk having additional penalties attached if you fail to make timely payments on your tax bill. Protect yourself from costly penalties by knowing when your taxes are due.

Now that you're driving your own heavy truck, it's crucial that you file your 2290 properly. Follow these simple tips to prevent problems with the IRS.