Category Archives: ifta preparer

Get Ready to Prepare and File your 1st Quarter IFTA Return for 2018!

The deadline to file your 2018’s 1st Quarter IFTA Return is April 30th, 2018. A Quarterly IFTA Tax Return must be filed even if the licensee does not operate or purchase any taxable fuel in an IFTA member jurisdiction during the quarter.

 What you need:

  1. Mileage log-whether you use manual trip sheets, GPS, or electronic trip sheets; it is not only necessary to have in order to file your quarterly IFTA return, but you will need these if you are even audited.
  2. Fuel Receipts-you will need to know how many gallons of fuel were purchased in each state.

 

Options to prepare and file your return:

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1st Quarter IFTA Fuel Use Tax is due this April 30

What is IFTA Tax?

The International Fuel Tax Agreement is a tax collection agreement by and among the 48 contiguous States and the 10 Canadian Provinces bordering the US. Uniform administration of motor fuels use taxation laws with respect to qualified motor vehicles operated in more than one member jurisdiction

Why TaxIFTA.com?

TaxIFTA.com is a product of ThinkTrade, Inc. who own and operate Tax2290.com (the #1 website to report Federal Vehicle Use Tax Form 2290 online) and TaxExcise.com (the only website to support all the Federal Excise Tax returns at one common place).

TaxIFTA.com is a simple and easy to use website, helps you prepare and print your “Ready to File” pdf return, file it with your base jurisdiction in just minutes.

This Self-Service website, enables to complete your Quarterly IFTA Tax returns in 3 simple steps. Accurate tax calculation by using the latest tax rates of all participating states. Continue reading

2nd Quarter IFTA Tax is Due this July 31

The IFTA – International Fuel Tax Agreement Returns which is a quarterly returns is now due for the 2nd quarter of 2017 (April to June) by this July 31. This quarterly IFTA fuel taxes are filed with your base Jurisdiction based on the type of fuel the tax rates differ. Continue reading

Tidbits About IFTA

So filers, how’re you doing? We are in the third quarter of the calendar year and this October end would be the last date for reporting IFTA to your base jurisdiction. Today, we are going to discuss IFTA in general for better understanding.

So Let’s Get Started, What Is IFTA? Continue reading

Prepare Your IFTA Return Online For The First Quarter By April 30th

Welcome filers, a very warm welcome to our blog. Each week when we come up with a topic to write on, we think every aspect related to you and ensure our blog is interesting enough for you all to read through. Today, however, we are here with updates rather than mere information. Yes, you read it right. The update is for truckers, owner operators, and qualified motor carriers, who commute through the 48 jurisdictions with their IFTA license and a decal on their truck. IFTA due date is falling on April 30th, which means you have exactly 9 days in hand to prepare and paper file your return to your base jurisdiction. Continue reading

Fix These Common IFTA Fuel Tax Mistakes for Safer Filing

A big welcome to our blog, IFTA filers. As carriers, you would be navigating through the roads all the time, but when it comes to navigating your IFTA fuel tax liabilities, we always tend to take the wrong turn.

Over the years, we have noticed that the tedious paper work and regulations are hard on you, and keeping them up is another task in hand. However, today we would speak about the most common errors committed by our filers when it comes to IFTA fuel tax reporting: Continue reading

Specifications Dealing With Truck Trip & Fuel Permit

Welcome back to our blog truckers. We’re glad that we are able to serve you with information and our knowledge sharing sessions is going viral now. In our previous blog, we had shared Permits And Taxes to Establish Your Trucking Business and today we’re up with requirements dealing with truck and fuel permits. Interesting, isn’t it?

We all know, commercial carriers must register in their base jurisdiction and complete quarterly forms to comply with IFTA(International Fuel Tax Agreement). You as a trucker need to also track all miles and fuel purchases done in each jurisdiction and these states receives a reimbursement for the fuel taxes. These carriers also register an appointed tag in their base state for each state they travel through and the money is distributed in the states, paying the road use taxes.

However, not every time you have a registered note or an appointed tag, you need to own a temporary permit from the state to travel in it. So here are the requirements you need to remember to gain truck trip and fuel permit. Continue reading

What is International Registration Plan?

The International Registration Plan or IRP is the method of registering fleets of vehicles that have been traveling in two or more member jurisdictions. All states (except Alaska and Hawaii), Washington D.C., and Canadian provinces (except Northwestern Territories, Nunavut and Yukon) are members of the plan. However, people who have qualified motor vehicles are subjected to IRP licensing, reporting and record-keeping requirements until and unless the vehicle is exempt or trip permit has been acquired. Continue reading

File IFTA for the Third Quarter Before October 31st

Being a trucker, many things come along. Paying IFTA taxes is one. This October 31st is the due date for filing your IFTA return for the third quarter. So truckers, get your documents ready, filing is not too far. Continue reading

Oil Filters To Keep Your Engine Healthy

Oil filter in automobiles are located on the side of the engine blocks, occupying the lower and the larger part of the engine. The oil pump circulates the oil in and across the engine and is passed through filters as large particles present in oil should not get in contact with the engine. It would eventually damage the engine if circulated freely. Continue reading