We have no idea when did trucking started or how, but till date, trucking is one of the profession that is highly paid and demanded job in the nation. Previously, truckers had to buy fuel from each state while they were traveling and the tax part was not introduced yet. However, with the time and technology, IFTA (International Fuel Tax Agreement) was initiated among the 48 jurisdictions and Canadian provinces in order to simplify the reporting of fuel used by each motor carrier in the jurisdictions. Also, truckers who are liable to report tax through IFTA, should possess an IFTA license and a decal to report IFTA each quarter. Continue reading
Monthly Archives: December 2014
Reasons why to File IFTA via Service Provider
After form 2290, IFTA is another piece of red tape again for the owner and operators. Shuffling papers and getting things in place each quarter is a hard nut to crack. And that welcomes unintentional errors popping up along the form, which might leave its fine lines. Continue reading
Overcome The Common Errors Committed While Filing IFTA
Hello filers, how is trucking treating you? We know, with a tipsy climate and deliveries on board, the work pressure would be too much to handle. We pray and wish for your safety. Other than simple deliveries and updates, tax comes in as the major responsibility. With paper work and other regulations, paying tax to your base jurisdiction for the journeys you have designed during the quarter. Continue reading
Let TaxIFTA Deal With Fuel Calculations- Prime Product Of ThinkTrade Inc
So taxpayers, welcome to our brand new blog at ThinkTrade Inc. Today, we are going to talk about one of the product, i.e. TaxIFTA.com. With a long list of products owned by ThinkTrade, TaxIFTA.com is one of the leading and most prominent products, serving truckers who wish to prepare their IFTA return online. Continue reading