So filers, how are you doing today? Today’s blog topic is about the records to be maintained to file IFTA. Before we start, let’s brush up the basics about IFTA.

What is IFTA?

IFTA is a quarterly tax paid by motor carrier owners having IFTA license and operating their vehicles from one state to another. IFTA is filed on quarterly basis that implies each taxpayer to file and pay IFTA return on time. However, with the moving time, online service providers like TaxIFTA.com is providing an opportunity to filers to come online and prepare their return, from anywhere, anytime. Continue reading →