Category Archives: IFTA professional

Less Than a Week Remaining to File IFTA Report for 2nd of 2018!

There are not many times I get nervous, but I do a little bit with penalties – Alan Shearer

The Deadline to file second quarter IFTA report for 2018 is quickly approaching.  Here are the List of important Information on what you need to file, and the importance of filing your IFTA taxes.  If you are new to trucking or just started a trucking company, we hope that you will find some very meaningful Information.  We know that you may be feeling a little anxious if you are new to IFTA filing, but our goal is to make the process as easy as possible.  The following are the must have for preparing your IFTA Report Continue reading

International Fuel Tax Agreement (IFTA) Report for 2nd Quarter of 2018 is DUE NOW!

What is IFTA?

The International Fuel Tax Agreement (IFTA), an agreement among the 48 contiguous states of the United States and the 10 Canadian Provinces, simplifies the reporting of fuel taxes. To avoid Complications involved in preparing multiple reports and paying taxes separately for Each State, IFTA allows Interstate Truckers to prepare and File one consolidated Quarterly Report to their Base jurisdiction.

Due Dates for IFTA: Continue reading

It’s July and it’s Time to Report Second Quarter IFTA for 2018!

“People were always getting ready for tomorrow. I didn’t believe in that. Tomorrow wasn’t getting ready for them. It didn’t even know they were there.”Cormac McCarthy

That was a great Quote and so true that Tomorrow might never come Today is yours and use it to the fullest. As we list down things to what to do let’s start doing it as well. One such very important & unavoidable element in every Interstate Heavy haulers carrier is Preparing & Filing IFTA every quarter. So when he/she starts to prepare his/her IFTA return on www.taxifta.com , it’s good to have the list of below mentioned information handy for a faster & smoother Tax Filing Experience. Continue reading

Time to File your 2nd Quarter IFTA & HVUT Form 2290!

We have almost reached the end of second Quarter for the Year 2018, which brings us close to the time when we have to prepare and report International Fuel Tax Agreement (IFTA) Report for the Second quarter of 2018. Do we have all the required information to prepare this report?

What you need:

Continue reading

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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Your Quarterly IFTA Fuel Tax reporting reminder and Just a weeks time left

Just a quick reminder, if you haven’t already prepared your 1st Quarter 2018 IFTA fuel tax return, you have until Monday, April 30th to prevent late penalties. IFTA Fuel taxes are reported quarterly and at www.TaxIFTA.com you can prepare it online in 3 simple steps.

One website to report your HVUT, Federal Vehicle Use Tax Form 2290 online and to prepare your 1st Quarter IFTA Fuel Tax returns online. The best place to prepare your IFTA miles in 3 simple steps. By preparing it online you would eliminate all possible human errors in return preparations, you’ll not miss out with the non-IFTA miles and accurate math with the latest IFTA tax rates. 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

Stay On Your Toes For IFTA Audits In Manitoba – Part- I

Hello commercial truck drivers, greetings from TaxIFTA.com. With the aspect of providing you information and knowledge about IFTA, today, we have decided to throw some light on IFTA audits, which play an important role in your trucking journey.

Below, we have jotted down few points that will give you a clear cut understanding about IFTA Audits happening in Manitoba. However, we would be splitting it into two blog post as the list of questions are many and fitting them in one would make you go crazy. Besides, we just gave you a reason to be around our blog, awaiting for the next blog post.

Here comes the list of questions for your better understanding. Continue reading

Four Myths About Diesel Engines Busted

After a long week, we welcome you back truckers to our blog for a new, unique and informative blog for the week to get you going. This time we’re going to discuss the about the myths and believes people have for Diesel Engines.

Diesel Engines are long confined to truck as they are garnering more interest for their fuel efficiency and reduce carbon dioxide emissions, comparatively to gasoline engines.

Today we shall take the crack at some of the persistent myths in and around the technology. Continue reading