Author Archives: ifta expert

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

Four Myths About Diesel Engines Busted

After a long week, we welcome you back truckers to our blog for a new, unique and informative blog for the week to get you going. This time we’re going to discuss the about the myths and believes people have for Diesel Engines.

Diesel Engines are long confined to truck as they are garnering more interest for their fuel efficiency and reduce carbon dioxide emissions, comparatively to gasoline engines.

Today we shall take the crack at some of the persistent myths in and around the technology. 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

Fuel Injectors, The Fuel Efficient Saviors

Hello truckers, this is our first blog for the year 2014 for IFTA and we wish we get the same response like we do every year. It’s good to write for an audience like you, taking interest in checking our blog and also, initiative to follow our blog.

Well, today, we’re writing on fuel injectors and their function, adding up the features to rule the advantages.
Continue reading

Tits and Bits of Gasoline Tax Laws

Welcome back truckers and Commercial Motor Carrier owners to our blog. We’re highly esteemed to sustain your interest level since the day we have entered the world of taxes. Last week, we discussed about the differences between gas tax and mileage tax, today we will share a post regarding gasoline tax law and its functionality.

We all know that there are many commodities, which a consumer uses and they pay a portion of tax to generate revenue for federal and state governments and gas is one among the list. Gasoline tax is considered as used or sales tax, paved their way three whole decades after automobiles first arrived in the market and been around for most of the modern memory. 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