IFTA and Income Taxes Double Whammy
IFTA and Income Taxes in April Are there any two worse months than January and April for truckers? IFTA and quarterly taxes fall together all the time, but in April, we get the personal income tax too. Quarterly business taxes AND IFTA AND income taxes make these...
New IFTA Tax Rate Changes
Is there anything more annoying than repeating work? Just imagine having to repeat your IFTA filing because the IFTA tax rate changes weren’t in your computations. The IFTA tax rate table is updated quarterly. TruckingOffice PRO trucking software updates our...
IFTA Mileage Calculator Strategies
Put your IFTA mileage calculator to work every month, not just during IFTA months. That’s easy to do with TruckingOffice PRO. Your miles per state and fuel purchase data can be used at any time to compute an IFTA report. You can project your next IFTA bill any...
File IFTA Now With TruckingOffice PRO
The end of this month is the IFTA deadline. Have you filed yours yet? If you’re using TruckingOffice PRO, you can hold off until the very last minute if you want. If you don’t use TruckingOffice PRO, you might be in trouble. IFTA Due Dates IFTA is due on...
Trying to do IFTA with QuickBooks?
The quarterly IFTA filing is due soon. It’s taxes, right? So using an accounting software like QuickBooks makes sense to compute your IFTA taxes due. People are looking for that right button or menu in a standard accounting program right now, and they’re...
Don’t Not File IFTA
Plenty of drivers have stopped driving in the last quarter. Whether it’s bad rates, unreasonable shippers, or just plain burnout, truckers are parking right now. Maybe they’ve only taken loads in state. Maybe they’ve only driven 10 loads in the last...
IFTA Sticker: Costs, Possible Fines, and How to Get One
What Is IFTA? IFTA, which stands for the International Fuel Tax Agreement, was started in order to simplify the reporting of motor carrier fuel used for tax purposes. The IFTA covers the lower 48 United States and many Canadian provinces. Trucking companies often...
Why File IFTA Now?
It’s the beginning of the month. Why should anyone file IFTA now? After all, it’s not due for weeks. And for those of us who hate to prepay any taxes, why would we file early? With TruckingOffice PRO, an IFTA report takes seconds to produce. Why rush?...
Trucking IFTA Filing
Men and women who drive their own trucks are owner-operators. Those who drive trucks for fleets are often employed drivers. What’s the difference? When it comes to the trucking IFTA, quite a lot. That’s why TruckingOffice PRO is so valuable to...
I Forgot It’s an IFTA Month
Yep. It’s true. I forgot it’s an IFTA month. Until yesterday, I forgot that our IFTA filings are due soon. How could I do that? How could I forget one of the most obnoxious, time-consuming tasks that an owner-operator has to do? Since we have...
How Do You Look at Your IFTA Filing?
In northeastern Ohio, this is the time of year when our windshields are either covered with snow and frost, dew, or the sunlight just after sunrise or just before sunset is blinding us. Whatever it is, we can’t see much until we take some time to clear off the...
Make Trucking Taxes a Breeze
Taxes are at the top of what owner-operators need to pay attention to. We do not want to pay taxes late or file them inaccurately. That leads to costly mistakes. Fortunately, trucking software like TruckingOffice PRO prevents expensive mistakes when it comes to...
Facing Audits With a System, Not a Shoebox
There are three types of audits that an owner-operator or fleet manager may have to face. IRSIFTADOT compliance review. The IRS audit is what anyone might face. Income, expenses, taxable activity. It’s what accountants live on. The IFTA audit follows a...
IFTA Interest Rates: How Much Truckers Pay for Missing IFTA Deadlines
The rules and regulations of the International Fuel Tax Agreement (IFTA) are complicated, but one thing is fairly straightforward – you will be fined or penalized for late filing, underpayment, or unpaid taxes. To make it worse, you’ll have to pay interest...
Trucking Operators: 5 Things You Should Know to Stay IFTA Compliant
All the things you have to remember and do just to be able to haul freight can be overwhelming for many! Most trucking operators have plenty of questions and concerns about the many rules and regulations they must follow. No doubt, IFTA reporting is the most...
Trucking Accounting Software for Truckers, Not for Accountants
It’s easy to understand the appeal of using the same accounting software as the accountants who handle finances for major Fortune 500 companies. But learning how to use those software programs takes time and sometimes a working knowledge of accounting. The reality is...
IFTA Trucking Software: Important Questions to Ask Before Buying
As a long-haul or short-haul trucker, you know that it is crucial to track and report on your fuel usage. Previously, drivers would have to get fuel permits from each state on their route. Afterward, they would have to calculate the fuel taxes associated with each...
5 Common IFTA Reporting Mistakes and How to Avoid Them
Heads up, truckers! You’re approaching the end of another IFTA reporting quarter. Are you ready to file your report? Or, are you still procrastinating because you dread the task? One thing is for sure: the longer you wait, the more stressed...
Trucker’s Guide for Completing the IFTA Quarterly Tax Return
For most new truckers, IFTA reporting can be confusing. The purpose of the International Fuel Tax Agreement is to provide a uniform and simpler method for filing and collecting fuel use taxes. Yet, the rules and regulations are confusing, leaving many truckers...
How You Actually Save Money By Using IFTA Trucking Software
If you are a long-haul or short-haul trucker, you understand the importance of correctly reporting your fuel taxes. Before the implementation of IFTA, the international fuel tax agreement, reporting could be a burdensome task with significant amounts of paperwork....
IFTA License Revocation: What Every Trucker Should Know
Like most busy truckers, you lose track of time, and before you know it, IFTA reports are due again. If you’ve waited until the last minute to file, you’ll rush through the report and this can result in costly mistakes. So, IFTA reporting should be at the...
IFTA for Beginners: Step-by-Step Guide to Calculate Taxable Gallons
If you’re new to trucking, you may be a bit overwhelmed by the many rules and regulations. Not to mention trying to remember the different government agencies that need never-ending reports. Most new drivers, and seasoned pros as well, struggle to understand IFTA. ...
What Is IFTA and Why It’s Important
If you’re new to the trucking industry, you may not know that at one time, truckers were required to get fuel permits from each state on their route. This requirement made the process of calculating and distributing fuel taxes a burdensome, inefficient task for...
Free IFTA filing software? Don’t think so.
It’s that time again to file the quarterly IFTA taxes filing. I’m going to guess there are a lot of new truckers out there who are scrambling, looking for free IFTA filing software programs to file their taxes. TruckingOffice has done a quick search to...
Did You Know You Need an IFTA License?
IFTA was created to simplify fuel tax reporting as well as distribution of those taxes to each jurisdiction. Of course, you’ve probably heard other truckers complain about the many complicated IFTA regulations and hope to avoid them. Unfortunately, there are only a...
How to File Your IFTA Report
Oops! Time is sneaking up on you. It’s time to submit your 3rd quarter IFTA report due by October 31st. If you’re new to the trucking industry, you’re a little nervous about this report. Or, you’re still a little unsure how to file one. ...
When Is IFTA Due? And Other Owner-Operator Questions
Do you have nay owner-operator questions about IFTA? Like, when is IFTA due? Plenty of people have questions about IFTA – not just when is it due. What is it? Why do truckers have to pay it? How do I pay it? TruckingOffice IFTA Resource Center for New...
IFTA Preparation: QuickBooks or TruckingOffice?
IFTA is due at the end of this month. How are you managing your IFTA preparation? IFTA Preparation Options As we see it, there are several options to complete your IFTA preparation. You can do it by hand. We truly hope you are not doing this. The chances of...
Pros and Cons of Fleet Management Technology
Fleet management technology is transforming the trucking world every day, and that’s a good thing. Those of us who have been around for a while can remember the days before everyone had smartphones, iPads, and laptops. While it’s easy to get nostalgic for...
IFTA Extensions: Should you take it?
Are you eligible for IFTA extensions? What about your IRP? Some jurisdictions are giving them to truckers who have hauled medical or other essential materials during this crisis. What do you plan to do? IFTA Extensions Owner-operators, trucking companies, brokers...
IFTA Changes – Are You Keeping Up?
Are you keeping up with the IFTA changes right now? IFTA Changes – Fuel Tax Rates It’s that time of year again when you’re doing your IFTA filing and you need to be confident that you’re paying the right amount. Not too much, not too little....
IFTA and the Pandemic
2020 is turning out to be quite the year, isn’t it? Now it’s April and we’re struggling with IFTA and the pandemic. First of all, we know – we couldn’t do it without you truckers on the road. You men and women who haul the goods we need...
How TruckingOffice Simplifies Your IFTA Reporting
For many years, paying fuel taxes was a nightmare for truckers and trucking companies. It required truck drivers to stop at every port of entry to buy a permit. That was both taxing and time-consuming. As the trucking industry continued to become more regulated,...
Fastest IRP & IFTA Calculator On the Road
What’s the fastest IFTA calculator available? Everybody wants to know that right about now. Get this stupid task done and get back on the road, right? We’ve got better things to do. Breaking down the IFTA Calculations First, you have to track all of your...
IFTA Fuel Tax Rates: How They’ve Changed Over Five Years
The International Fuel Tax Agreement, also known as IFTA, was designed to simplify the collection and proportional distribution of motor fuel use fees among member jurisdictions. Motor carriers who travel in more than one jurisdiction are required to register...
TruckingOffice: Serving Truckers Since 2010
TruckingOffice began as a small trucking authority in 2002. The owner, Allen, tried to manage everything with a combination of paper logs, spreadsheets, and Quickbooks. This was very hectic and caused some issues. Although Quickbooks is a great tool for...
New IFTA Calculator for Your New Trucking Business
Just getting started in your new owner-operator trucking business? Welcome to the world of logistics and transportation! There’s a lot to learn when you own your own business and one of the first lessons is taxes. IFTA taxes. IRP taxes. That’s why...
Trucking IFTA FAQs
TruckingOffice trucking management software was built for a trucking office. Our owner, Allen Campbell, has had years on the road, owns his own authority, and had a fleet of 6 trucks. When working with the developers to create TruckingOffice, IFTA was on his mind....
Owner-Operator IFTA Goal
It’s time to file IFTA. You don’t normally think of it as a goal, do you? But an IFTA goal is a smart idea for your trucking business, especially an owner-operator: IFTA goals can change your business. What’s an IFTA goal? Pretty simple, really. An...Free Load Profit Calculator for Truckers
How To Get Your Own Trucking Authority
Get Your Own Trucking Authority
Recent Comments