Complete fuel records of all motor fuel purchased, received, and used in the conduct of its business must be maintained. Separate totals must be compiled for each motor fuel type and retail fuel purchases and bulk fuel purchases are to be accounted for separately. Continue reading
Tag Archives: qualified motor vehicles
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-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
Are You Looking For Clear Explanation On IFTA Jargons? We Will Help You (Part-II)
Welcome back filers. Few weeks back, we had posted a blog on IFTA Jargon’s, today; we would be posting the second part of the same. As we did not want to bore with the jargon’s, we divided the blog into two halves. Here’s the second one. Read, learn, refer and brush your knowledge here. Continue reading