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
Records To Be Maintained While Filing IFTA
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
Get Your IFTA Form Mailed To Your Base Jurisdictions By 31st October
So filers, are you set to go with your IFTA filing? Well, we are here to remind you about the IFTA 3rd quarter due date that is falling on 31st of October 2014. So truckers, owner operators and qualified motor carriers who commute through the 48 jurisdictions with their IFTA license and a decal on their truck are required to file and pay their dues to their base jurisdiction on or before the due date. Continue reading
Tidbits About IFTA
So filers, how’re you doing? We are in the third quarter of the calendar year and this October end would be the last date for reporting IFTA to your base jurisdiction. Today, we are going to discuss IFTA in general for better understanding.
So Let’s Get Started, What Is IFTA? Continue reading
Basics Of IFTA: Part-II
So filers, welcome back to TaxIFTA.com. Last week, we had posted the basics of IFTA Part –I. We hope and trust that all your queries you held upon IFTA are cleared. However, it is time to complete the next part of IFTA. 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
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
Second Quarter IFTA is Due From Today
Reminders are beeping over our ears, indicating that July 31st would be the last day to prepare and submit IFTA return for the second quarter. With that, you are left with only few hours in hand to prepare IFTA online with TaxIFTA.com and send it across to your jurisdiction by today. If you are worried that you are late, don’t you worry about that? We are here to quicken the process, faster the preparation time, assuring no errors to be found. However, we never advice taxpayers to prepare their tax return at the last minute. We want you to file without any hassles being towed along and that is not so possible when you are running out of time. Continue reading
Q2 IFTA Preparation with TaxIFTA.com
Welcome to TaxIFTA.com. After a long break, we are here to for a new blog post sending in reminders to IFTA filers to file their IFTA return for the second quarter. If you are one among the commuters traveling in the 48 jurisdictions during the second quarter of the year with an IFTA license and a decal on your truck, you are liable to report IFTA to your base jurisdiction. However, do note, if you don’t have any miles to report or no miles covered in the jurisdictions, you are liable to file IFTA checking on “No Operations” in your IFTA form. This will indicate you don’t have to pay any dues, however, you are keeping the base jurisdiction informed about the same.
IFTA due date falls on July 31st 2014, which means you have only 9 days in hand to prepare your return online and send it across to your base jurisdiction.
Now the very important question how IFTA tax calculated.
Well, this is the most aspect of IFTA. The calculations is based on the miles covered by the vehicle and the gallons of fuels used on the roads of the jurisdiction during that quarter. Assume, you have filed your gas tank with 200 gallons of Diesel at Oklahoma City and you are driving down to Kansas. As you reach there, you pump in another 100 gallons of Diesel. And you are moving towards South Dakota. So when you are preparing IFTA return, you need to pay taxes based on the fuel tax rate fixed at Kansas, Oklahoma and South Dakota based on the miles you have traveled. Do note, if you have pumped fuel during the quarter in any other jurisdiction, you need to mention the same in the return.
Now you have all the information handy, all you need to do is come to TaxIFTA.com and fill in the details requested by the application. You will notice the calculation is done automatically yet, accurately. You really don’t have to bother running tabs to tabs, checking out the tax rate offered by each state you traveled. Our application would take care of that, leaving you with very less work to do. And that stands as the major advantage to prepare IFTA online.
Once you complete the procedure of filing online, your PDF is all ready to be printed and submitted to your base jurisdiction.
Other than supporting taxpayers with well-equipped and authentic service application to prepare your IFTA online, we have a set of Tax Experts online to assist you with your queries any time of the day. Simply reach us @ @ 1-866-245-3918 or shoot an email to support@taxexcise.com. We are here to assist you and serve you every benefit you deserve to win.