Tag: ifta taxes

Hurry! July 31 is the IFTA Filing Deadline!

In case it still hasn’t hit you, we’ll say it again: July 31st is the 2nd quarter IFTA filing deadline!

It’s important to file your IFTA tax return before the deadline to avoid major penalties. But don’t stress! There’s still a way to file your IFTA tax return in time.

ExpressIFTA handles all of your IFTA reporting needs online. 

With amazing features like our free IFTA tax calculator, you can generate your IFTA tax report quickly and use it to file your IFTA tax return.

Here’s everything you need to know in order to file by the IFTA filing deadline.

Hurry! July 31st is the IFTA Filing Deadline!

Do You Need To File IFTA Fuel Tax?

If you operate in two or more jurisdictions, you must have an IFTA sticker and license.

You are also required to file a quarterly IFTA fuel tax report calculating how much fuel tax you owe (or are credited).

IFTA reporting is necessary because, while state fuel tax would typically cover mileage traveled in a certain state, truckers frequently cross state borders. Therefore, where they purchase fuel isn’t always an accurate depiction of where they’re using it.

You’re required to participate in IFTA reporting if your vehicle has 2 axles and a gross vehicle weight or combined weight over 26,000 pounds, has 2 axles and a registered gross weight over 26,000 pounds or has 3 or more axles regardless of weight.

What Information Do You Need?

To complete your IFTA tax return, you’ll need the following information:

–  Total miles traveled per jurisdiction

–  Total gallons of fuel consumed per jurisdiction

–  Total tax paid/gallons of fuel purchased per jurisdiction

–  Current tax rate per jurisdiction

Calculating this information is easy with our free IFTA tax calculator.

All you have to do is select your base jurisdiction, choose the IFTA fuel tax quarter & fuel type, and enter miles traveled/fuel purchased for each state.

We’ll do the rest!

How to Complete Your IFTA Tax Return

ExpressIFTA makes generating your IFTA tax report before the IFTA deadline simple. Plus, with our free IFTA tax calculator, you’ll get all of your IFTA filing totals with 100% accuracy.

We’ll generate an easy-to-read quarterly IFTA tax report containing everything you need to complete your return before the IFTA deadline. Print, download, or email your information at any time!

Use our IFTA tax tools to help make your IFTA filing process simpler and quicker with ExpressIFTA, so that you can meet the IFTA deadline. 

3 Fantastic Tools For Truckers

Here at ExpressTruckTax, we understand that trucking is not easy. In addition to long hours on the road, truckers have to keep up with many forms of registration and many different taxes.

There are HVUT, IFTA, IRP, MC, and DOT registrations, just to name a few.

That’s why we have several free mobile apps with solutions for HVUT and IFTA to keep truckers compliant and save them time. 

IFTA calculator

Calculating IFTA taxes is one of the most complex things truckers have to do. You have to use all of your miles, and all your fuel purchases to calculate what you owe. You have to know the correct tax rates. You have to know if there are exemptions.

Our free IFTA calculator app takes the guesswork out of IFTA calculations. Simply enter your mileage and fuel and the app takes care of the rest. Figuring out what you owe has never been easier.

Download the IFTA Calculator

HVUT Calculator

Take the guesswork out of your yearly HVUT tax cost with our free HVUT Calculator app. Just input your first use month and gross taxable weight and the HVUT Calculator app will tell you what you owe.

No need to worry about not having enough money to cover your payment. Just calculate ahead of time and start saving!

Download the HVUT Calculator

TruckLogics

TruckLogics is a Trucking Management Software designed to help you keep track of your entire business.

For a small monthly fee, you will be able to track dispatches, invoices, expenses, and much more with real-time reports! TruckLogics even helps with IFTA calculation and has DAT Load Board integration.

And, you’ll get access to the TruckLogics Mobile App at no extra cost! With it, you can manage your business from anywhere!

Download TruckLogics

Give TruckLogics a test drive today! There’s no obligation and no credit card information required.