Category: Quarterly IFTA Report

What You Need To Know About IFTA Reporting 2019

Posted on April 24, 2018 by - Easy IFTA Reporting, IFTA, ifta deadline, IFTA fuel tax form, IFTA fuel tax rates, IFTA quarterly fuel tax report, IFTA reporting, Online IFTA Report, Quarterly IFTA Report

truck driver can get on down the road now that he has filed his quarterly 2290 report

If you are a new owner-operator, we welcome you to the wonderful world of IFTA. You have probably heard through the grapevine that IFTA filing is…well… difficult and usually involves some expressive expletives. But it’s really not that bad when you know where to go. Here is what you need to know about IFTA reporting 2019.

What You Need To Know About IFTA Reporting 2019

Before we dive into the filing your IFTA reporting, let’s go over some of the basics.

IFTA Fuel Tax Basics

The International Fuel Tax Agreement, or IFTA, quarterly fuel tax report allows you to travel in all participating member jurisdictions with a single fuel tax license. To operate in two or more member jurisdictions, you are required to have an IFTA sticker and license.

You receive your IFTA license through your base jurisdiction and you are given an IFTA sticker to put on your truck. Your IFTA license needs to be renewed annually in December. When you hold an IFTA license, you are required to file an IFTA quarterly fuel tax report that calculates how much fuel tax you owe (or are credited) to remain compliant.

Your vehicle qualifies for IFTA reporting if it:

  • Has two axles and a gross vehicle weight exceeding 26,00 pounds
  • Has two axles and a registered gross weight exceeding 26,000 pounds
  • Has three or more axles regardless of weight
  • Or has a combined weight exceeding 26,000 pounds

Filing Your IFTA Fuel Tax Form

Trucker is back on the road after filing his IFTA report with ExpressTruckTaxYour first quarter IFTA return is due April 30th! Thankfully ExpressTruckTax has a sister product named ExpressIFTA that makes IFTA reporting incredibly easy online. You can track all of the totals you need to complete your return in one convenient location!

Plus, you can import all of your information at once with the bulk upload feature Also, you can import all of your mileage information directly from your GPS.

Best of all your totals will be automatically calculated in an IFTA quarterly fuel tax report that can be downloaded, printed, emailed, and used to complete your IFTA return instantly. It’s the fastest and most hassle-free way to handle IFTA.

File Your IFTA Report Now

It’s Officially The 4th Quarter IFTA Deadline Day

Posted on January 31, 2018 by - 4th Quarter IFTA Return, Easy IFTA Reporting, ifta deadline, Online IFTA Report, Quarterly IFTA Report

ExpressTruckTax users use ExpressIFTA for online IFTA reporting

Wait, what?! It’s IFTA time again already? How in the world is the January 31 4th quarter IFTA deadline here already? That means you need to complete your IFTA return by midnight or you will have some major penalties to face. If this deadline suck up on you and you’re wondering how you’ll ever make the deadline, don’t worry! We have your IFTA solution.

Check our awesome sister, ExpressIFTA to easily handle all of your IFTA reporting needs online. You can quickly generate your IFTA report and use it to complete your return. Plus, we’re here to go over all the IFTA basics so you’ll be up to speed.

It’s Officially The 4th Quarter IFTA Deadline Day 

We will start with a little IFTA history. IFTA is the International Fuel Tax Agreement that was put in place by the lower 48 United States and 10 Canadian provinces to simplify fuel reporting by those who use qualified motor vehicles between two or more jurisdictions.

Before IFTA was put into place fuel reporting was a complicated mess. Each state had their own rules and regulations to comply with, now they all adhere to the quarterly IFTA return. IFTA is used to report and determine the net tax refund that’s due and to redistribute taxes from collecting states to due states.

Your vehicle qualifies for IFTA if it travels between two or more jurisdictions and:

  • Has two axles and a gross vehicle weight of 26,000 pounds or more 
  • Has two axles and a registered gross vehicle weight of 26,000 pounds or more 
  • Has three or more axles regardless of weight and/or 
  • Is used in combination when the combination exceeds 26,000 pounds or more in gross vehicle weight or registered gross vehicle weight. 

You actually have to apply for your IFTA license at first, then keep it in your cab at all times. Also, to comply with IFTA you will receive two IFTA decals that need to be placed on your driver door and file your IFTA returns four times a year.

In order to complete your IFTA return you need to provide the following information:

  • The total miles traveled per jurisdiction
  • The total gallons of fuel consumed per jurisdiction 
  • The total tax paid gallons of fuel purchased per jurisdiction, and
  • The current tax rate per jurisdiction 

Preparing For IFTA With ExpressIFTA

ExprssIFTA makes it easy to import all of your IFTA information online in one convenient location. Everything you need will be easy to access in your free account. Plus, ExpressIFTA will use your IFTA records to automatically calculate all of your IFTA totals with 100% accuracy.

ExpressTruckTax knows ExpressIFTA is the best IFTA reporting software

Your IFTA totals will be generated in an easy-to-read quarterly IFTA report that contains everything you need to instantly complete your return. It can be downloaded, printed, and emailed to go wherever it needs to!

When it comes to importing your IFTA information you can go at your own pace. For example, you can keep detailed information per trip with the trip sheet entries or add all your information for the month with the quick sheet entries feature.

Or you can speed things up with the bulk upload feature, which allows you to upload all of your information at once. You can also import your mileage records directly from your GPS and ExpressIFTA even accepts ELD data.

There’s no easier way to prepare for IFTA. Don’t waste time working on complicated calculations when ExpressIFTA will instantly handle them all on your behalf. Time is running out, get started now to easily file IFTA before the deadline.

If you need any assistance please don’t hesitate to contact the live US-based ExpressTruckTax support team.

Today Is The 3rd Quarter IFTA Deadline

Posted on October 31, 2017 by - 3rd qaurter IFTA deadline, Fuel Tax, IFTA, ifta deadline, ifta report, IFTA return, IFTA totals, Quarterly IFTA Report

ExpressTruckTax promotes IFTA reporting with ExpressIFTA

Hey trucking nation, we are here with an important reminder! Your 3rd quarter IFTA return is due today, October 31st, by midnight. If you fail to file by the deadline then you will have some expensive IFTA penalties to deal with.

However, you don’t need to scramble around looking for a way to generate your IFTA report or spend hours working on your calculations, because ExpressIFTA is here to help. ExpressIFTA is a proud sister product of ExpressTruckTax and offers the market-leading IFTA reporting solution online to take the hassle out of generating your quarterly report. Check out how easy it is!

IFTA Reporting With ExpressIFTA

All you have to do is log in to ExpressIFTA with your ExpressTruckTax account for free. If you don’t have an ExpressTruckTax account then you can create your free ExpressIFTA account with your email address and personal password.

Next you will enter your business information, including the name, address, and EIN (Employer Identification Number). You will also enter your base jurisdiction, which is the state where your vehicle is registered and your vehicle information, including the VIN (Vehicle Identification Number).

After that you will enter your fuel and mileage records at your own pace for the current quarter. You can enter your totals per trip to keep extremely detailed information or enter your information per trip with the quick entry feature.

Or you can even upload all your information at once with an Excel or CSV file by using the bulk upload feature. You can even upload all of your distance records directly from your GPS.

Best of all, ExpressIFTA allows you to report your totals according to your personal preferences. For example, you can enter your distance information by miles traveled or odometer readings.

 

ExpressIFTA and ExpressTruckTax make truck taxes easy

Also, you don’t have to worry about handling any complicated calculations yourself, because ExpressIFTA automatically does all of it for you. All of your IFTA totals will be calculated with 100% accuracy based on the information you enter. This way you will always know how much fuel tax you owe, and you’ll never over or underpay the amount.

When you’re done entering all of your information for the quarter ExpressIFTA an internal audit check will be performed to catch any basic errors. For example, if you stated that you traveled between two nonadjacent states.

Then you can pay and generate your quarterly IFTA report. This report is easy to read and will clearly display all of your IFTA calculations. You can print it, email it, and use it to instantly complete your return.

Also, because ExpressIFTA knows that you need to store your IFTA information for four years for auditing purposes, all of your information will be stored in your account per quarter. It can be accessed at any time.

Contact A Truck Tax Expert

If you need any assistance the outstanding, US-based ExpressTruckTax support team is here to help. Give us a call Monday – Friday from 9 AM to 6 PM EST at 704.234.6005. You can also reach us via live chat and take advantage of our 24/7 email support at support@ExpressTruckTax.com.