Category Archives: Truckers world

Reveal the Significance of Fuel Records For IFTA Taxpayers

Greetings from, 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

Interesting Differences between Gas Tax and Mileage Tax

Very warm welcome, truckers. We appreciate your gratitude towards our blog and thank you for dropping in every time we add a new blog post. Today, we will be discussing about gas tax, mileage tax and the differences between them. You might be well aware about the topic, but our tax experts decided to talk about it in detail, for your better understanding and simply to brush your knowledge. Continue reading

Fuel Alternatives for Diesel Trucks

Welcome back truckers, after a long break our tax experts have come up with a blog forTaxIFTA. Today, our blog post is dedicated to truckers driving diesel trucks. In this expensive world and growing rates of diesel with each passing day, it is very difficult for truckers to maintain their pace on the road with heavy pockets. We also discovered that truckers like you, are looking for alternatives to keep their engine running, healthy and safe. 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

Permits And Taxes to Establish Your Trucking Business

We all know licenses and permit requirements are endless in the trucking industry. Many of them deal with tax purpose, while for others are vital for the business operations across the state lines. As an owner operator, you need to hold on normal licenses as well as these additional permits for a secure establishment. However, if you fail to obtain these permits, your business world would surely face incur fine and delays, eventually reflecting your delivery deadlines. Obviously, due to improper credentials and paperwork, the delay takes place. But not any more! Keep reading to know what you got to do before you establish your business in trucking Continue reading