Hello IFTA payers! This message is for you! If you are entitled to IFTA tax payments, the due date for the third quarter is approaching. So, you must prepare your IFTA reports and file them on or before October 31, 2023. As e-filing IFTA taxes is not possible, you can prepare your IFTA tax reports accurately on our platform, print and paper file them. TaxExcise.com offers smooth and convenient IFTA tax preparation for interstate motor carrier operators. Once you successfully prepare your tax reports online on our platform, you can download and print them and file them at your base jurisdiction.
Everything you need to know about IFTA.
IFTA stands for International Fuel Tax Agreement; it is a tax collection agreement among the 48 contiguous States and the 10 Canadian Provinces bordering the United States. This IFTA agreement allows the collecting and redistributing of fuel taxes paid by interstate commercial carriers. Also, the IFTA agreement simplifies the fuel tax reporting of commercial carriers when they cross the state and provincial borders of the states and provinces under the agreement. You should apply for an IFTA license if you are based in any member jurisdiction under the IFTA agreement and operate commercial carriers in two or more member jurisdictions. The benefits of the license include the authorization to cross the state and province borders of the members, one set of decals, and you can file quarterly fuel tax reports that reflect net tax and refund dues. You should stick the decals on your motor vehicle/ commercial carriers, which will serve as proof of IFTA tax payment for the quarter.
Accurately prepare your IFTA reports on TaxExcise.com!
Preparing your IFTA tax reports is not an easy task because it involves a lot of calculations based on the trips, mileage, fuel purchase, and fuel consumption of your motor vehicle. Also, the IFTA rates differ from one member jurisdiction to another. As there are multiple things to account for while you prepare your IFTA reports and you have to perform this tedious task four times a year, it is wiser to use our TaxExcise.com to do things smoothly and accurately. Many companies and taxpayers prepare their IFTA reports on our platform and file them crystal clear to their base jurisdiction. A single IFTA return preparation on TaxExcise.com is $19.99, and the package pricing for a whole year is $ 69.99. So, choose the package as per your convenience, prepare your returns, and print ‘Ready to File’ to submit them. For more queries, please don’t hesitate to contact our customer support team on 1-866-245-3918 (toll-free), available from 8 AM to 6 PM EST on all working days or write to us at email@example.com; we will reply promptly.