Tag Archives: International Fuel Tax Agreement

Prepare and File your 1st Quarter IFTA Return for 2019!

The deadline to file your 2019’s 1st Quarter IFTA Return is April 30th, 2019. 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.

 What you need:

  1. Mileage log-whether you use manual trip sheets, GPS, or electronic trip sheets; it is not only necessary to have in order to file your quarterly IFTA return, but you will need these if you are even audited.
  2. Fuel Receipts-you will need to know how many gallons of fuel were purchased in each state.

Options to prepare and file your return:

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Third Quarter IFTA Return for 2018 is Due By October 31st

Did you ever notice that when you put the words “The” and “IRS” together, it spells “THEIRS?”

It is common for all IFTA Licensees to submit fuel tax reports every quarter of the year. The third reporting quarter for IFTA returns (July to September) is due on October 31st 2018, if you prepare and get it post marked before the End of the Month then your return will be considered “Filed on time”.

Information required for preparing an IFTA return: Continue reading →

IFTA Zero return – A Brief Introduction

In life most of the important decisions are not made by us. So True, isn’t it? If you hold an IFTA license and do not report your IFTA on time you are liable for Penalties & Interests, this is a known fact. Another unknown fact is you need to file an IFTA report even if you have no taxable miles in that particular quarter. This is known as a “ZERO RETURN”. Continue reading →

Must Have Information – Before you start preparing your IFTA Return

“Mise en place” very familiar term in hospitality industry. The French phrase means everything in its place, in simple words per-preparation before you start your day’s operation. Well begun is half done, which makes preparedness an important factor for any successful mission. This goes well with every single day to day activity we perform. Continue reading →

Inter State Truckers, 2016 Third Quarter IFTA is due NOW!

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 →

Prepare & File your 1st quarter IFTA for 2016 on or Before April 29th

Being a trucker, many things come along. Paying IFTA taxes is one. April 29th will be the due date for filing your IFTA return for the first quarter of 2016. So truckers, get your documents ready, you just have three more days to go. Continue reading →

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 →

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 →

Prepare First Quarter IFTA Return, Due By April 30th With TaxIFTA.com

Welcome to our blog filers, it is so pleasing to have you all here. We know each week we provide you with information but today for a change, we are here to remind you about IFTA tax return due date that is falling on April 30th 2014. We know it is so difficult to be a trucker and taxes are more like an obligation for everyone. You pay them to stay safer, you don’t pay them, you pay with penalties. With time moving by, we have learned to manage and handle time, understanding what is important and what should stay away from our checklist. However, for this month, you have an important task in your tow, paying your IFTA tax return on or before 30thApril 2014. Continue reading →