Tag Archives: International Fuel Tax Agreement

IFTA Zero return – A Brief Introduction

In life most of the important decisions are not made by us. So True, isn’t it? If you hold an IFTA license and do not report your IFTA on time you are liable for Penalties & Interests, this is a known fact. Another unknown fact is you need to file an IFTA report even if you have no taxable miles in that particular quarter. This is known as a “ZERO RETURN”. Continue reading

Must Have Information – Before you start preparing your IFTA Return

“Mise en place” very familiar term in hospitality industry. The French phrase means everything in its place, in simple words per-preparation before you start your day’s operation. Well begun is half done, which makes preparedness an important factor for any successful mission. This goes well with every single day to day activity we perform. Continue reading

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

Prepare & File your 1st quarter IFTA for 2016 on or Before April 29th

Being a trucker, many things come along. Paying IFTA taxes is one. April 29th will be the due date for filing your IFTA return for the first quarter of 2016. So truckers, get your documents ready, you just have three more days to go. 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

Basics Of IFTA- Part-1

Welcome back filers, it’s been a long week here at our end. How is your week treating you? Hope you are driving safe and fine on the highway. We have been receiving calls asking for more information about IFTA and that is why, this blog is dedicated to those who are new to filing taxes or preparing IFTA. Hope and trust we clear your queries. Additionally, we would like to divide the blog into two major parts for better understanding of IFTA. So stick around for a while and get a clear idea about IFTA. Continue reading

Prepare First Quarter IFTA Return, Due By April 30th With TaxIFTA.com

Welcome to our blog filers, it is so pleasing to have you all here. We know each week we provide you with information but today for a change, we are here to remind you about IFTA tax return due date that is falling on April 30th 2014. We know it is so difficult to be a trucker and taxes are more like an obligation for everyone. You pay them to stay safer, you don’t pay them, you pay with penalties. With time moving by, we have learned to manage and handle time, understanding what is important and what should stay away from our checklist. However, for this month, you have an important task in your tow, paying your IFTA tax return on or before 30thApril 2014. Continue reading

Reminder: IFTA Fourth Quarter Filing Is Due By January 31st 2014

No matter how much we enjoy snow outside our rigs, you as a trucker have enough responsibility to roll for the week. And that makes you drive down other jurisdictions, serving the nation.

Like we have four seasons a year, IFTA tax filers have four quarter in a year to file their return for the jurisdictions they have covered in that quarter. And here, we’re reminding you about the fourth IFTA quarter, which is round the corner with 31st January of 2014 as the due date. 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