The deadline to file your 4th Quarter IFTA Return is January 31, 2016. A Quarterly IFTA Tax Return must be filed even if the licensee does not operate or purchase any taxable fuel in an IFTA member jurisdiction during the quarter. Continue reading
Category Archives: Online IFTA preparation
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
UPDATE: IFTA Penalties And Interest
Paying your dues via IFTA is a very important step and TaxIFTA.com is here to guide you in preparing your return online with the utmost ease. Getting your papers ready and manually filing taxes can be tedious and we are sure, you don’t have much time to get going with manual preparation of taxes. However, this may also lead to penalties, as you may not be able to take time out of your busy schedule. And that is when TaxIFTA.com paves the best road towards meeting taxes, with ease. Continue reading
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
What is International Registration Plan?
The International Registration Plan or IRP is the method of registering fleets of vehicles that have been traveling in two or more member jurisdictions. All states (except Alaska and Hawaii), Washington D.C., and Canadian provinces (except Northwestern Territories, Nunavut and Yukon) are members of the plan. However, people who have qualified motor vehicles are subjected to IRP licensing, reporting and record-keeping requirements until and unless the vehicle is exempt or trip permit has been acquired. Continue reading
File IFTA for the Third Quarter Before October 31st
Being a trucker, many things come along. Paying IFTA taxes is one. This October 31st is the due date for filing your IFTA return for the third quarter. So truckers, get your documents ready, filing is not too far. Continue reading
Different types of Oil Filters
Welcome back truckers! We truly hope your hauling and trucking is moving smooth. In our previous blog, we discussed whatoil filters are. This time we would talk about what are the different types oil filters and their presence. Continue reading
Bunker Oil- Pros and Cons
There are many types of fuel available in the market. Among the lot, bunker fuel is one fuel, which is fractionally distilled from crude oil. Also known as fuel oil, the material is broken into various categories based on the chemical compositions, intended purpose and also the boiling temperature. Comparatively to other fuels and petroleum products,bunker fuelsare extremely crude and highly polluting. Continue reading
Improve Fuel Efficiency With Trailer Skirts
Fuel efficiency is important and essential as that counts as a major business expense. Trucking companies face large fuel bills and have raises their rates to meet their rising cost of fuel. However, by attaching a trailer skirt at the bottom, front or the side of the semi-truck box trailers, it can surely help you in reducing the cost of fuels. It all works by the drag created while the truck and trailer moves down the road. Continue reading