It is quite normal to forget things that we do only few times a year, but the consequences of forgetting such things can be big. Remember the last time you forgot your spouse’s birthday or your wedding anniversary & the consequences faced. Alright, now wipe off that grin look on your face and keep reading to know about a fast approaching Tax deadline that can put you in a deeper trouble. Continue reading
Tag Archives: ifta jurisdictions
IFTA Penalties for Late & Not filing
Filing your IFTA return on time is very important and TaxIFTA.com is dedicated in helping you Prepare your IFTA return online. Filling out any paper work for taxes manually is not that easy as we all think, especially when it involves a lot of calculations mostly in cents. IFTA penalty is one thing that most taxpayers have no idea about. Continue reading
Time To Test Your IFTA Knowledge
IFTA, International Fuel Tax Agreement is an agreement between 48 lower states of the United States and Canadian provinces to simplify reporting fuel tax used by Motor carriers that are operating in one or more jurisdiction. Every IFTA filer should enclose an IFTA license and decal for each qualifying vehicle is operates for quarterly filing IFTA tax return, determining the net tax and refund through the form. However, today, we are going to check how familiar you are with IFTA. A part of your successful trucking company is dependent on your understanding of IFTA. Here’s the most common questions asked by the truck drivers about IFTA. Continue reading
IFTA- An Intro
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An introduction from Taxifta – IFTA Preparers
IFTA is not a tax or fee to be paid every time. IFTA is a mutual agreement between 48 U.S states and 10 Canada provinces. It stands for International Fuel Tax Agreement. The agreement says that qualified motor vehicles between two member jurisdictions must have IFTA license and decals issued by their base jurisdictions. Taxifa presents a clear-cut view about IFTA here. Continue reading