What is IFTA?
The International Fuel Tax Agreement — also known as IFTA — is a fuel tax collection and sharing agreement for the redistribution of fuel taxes paid by interstate commercial carriers.
So, Who Needs IFTA?
📎Truck has two axles and a gross vehicle weight (GVW) exceeding 26,000 pounds or has three or more axles.
📎Transport goods across different states
📎Truck with a trailer and their combined weight exceeds 26,000 pounds.
How do I report the information?
Carriers submit a quarterly tax return to their base state that covers motor fuel usage and the distance traveled in IFTA member jurisdictions for all their qualified vehicles.
The due dates for filing a tax return and submitting payment are the last day of April, July, October, and January.
Services By Mary Fuentes can get your IFTA license for you! There is no need for you to worry about the application, We take care of the complete process for you!
Additionally, we handle your Quarterly IFTA reports, as well!
Contact us today to get started!
Services By Mary Fuentes