Category Archives: Online IFTA preparation

Inter State Truckers, 2016 Third Quarter IFTA is due NOW!

It is quite normal to forget things that we do only few times a year, but the consequences of forgetting such things can be big. Remember the last time you forgot your spouse’s birthday or your wedding anniversary & the consequences faced. Alright, now wipe off that grin look on your face and keep reading to know about a fast approaching Tax deadline that can put you in a deeper trouble. Continue reading

3rd Quarter Filing for IFTA Fuel Tax

When you operate a commercial truck or bus in more than one province or state, you are an inter jurisdictional carrier and you should know about the International Fuel Tax Agreement. This IFTA is an agreement between the U.S. states and the Canadian provinces requiring a carrier to register and report the fuel use tax of any qualified motor vehicle that operates in more than one jurisdiction. Continue reading

Prepare & File your 2nd quarter IFTA fuel taxes for 2016 Before July 31.

The IFTA Fuel tax return for the 2nd Quarter of 2016 is due now and need to be filed on or before July 31st. By filing your IFTA Fuel Tax returns for 2nd quarter on time you could have a seamless driving across the states. Now you can also prepare your IFTA Fuel tax returns for all the participating state in US through http://TaxIFTA.com, print ready to file PDF to mail it across. Continue reading

IFTA Penalties for Late & Not filing

Filing your IFTA return on time is very important and TaxIFTA.com is dedicated in helping you Prepare your IFTA return online. Filling out any paper work for taxes manually is not that easy as we all think, especially when it involves a lot of calculations mostly in cents. IFTA penalty is one thing that most taxpayers have no idea about. Continue reading

UPDATE: IFTA Penalties And Interest

Paying your dues via IFTA is a very important step and TaxIFTA.com is here to guide you in preparing your return online with the utmost ease. Getting your papers ready and manually filing taxes can be tedious and we are sure, you don’t have much time to get going with manual preparation of taxes. However, this may also lead to penalties, as you may not be able to take time out of your busy schedule. And that is when TaxIFTA.com paves the best road towards meeting taxes, with ease. 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

Reveal the Significance of Fuel Records For IFTA Taxpayers

Greetings from TaxIFTA.com, we’re delighted to have you as a part of our blog family. Our blog posts are dedicated to commercial truck drivers and today we would talk about fuel record management and its own set of requirements.

What is Fuel Records?

Fuel Records are records of the fuel purchased, received and used by the vehicle under the license of IFTA. With a variation of fuels available in the market, it is important to maintain a separate total for each fuel type.

Also, records for retail and bulk purchases should also be maintained separately. 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