The IFTA Filing Deadline is TODAY! How To File Fast Now

And just like that, today, July 31st, is the 2nd quarter IFTA filing deadline!

It’s important to file your IFTA tax return by midnight tonight to avoid major penalties.

Did Form 2290 filing distract you from the IFTA filing deadline? Don’t stress! We have a solution that will help you meet the deadline.

It’s simple. 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 to file in time for today’s IFTA filing deadline.

The IFTA Filing Deadline is TODAY! How To File Fast Now

Are You Required 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:

To get started, simply create a free account with your email. Then, enter business information, vehicle information, and your base jurisdiction, which is your home state or the state where your vehicle is registered.

Then, enter mileage information! You can enter directly from your GPS or use our bulk upload feature to save time.

Use our free IFTA tax calculator to get your total miles, gallons, miles per gallon, and IFTA tax amount.

Our system will automatically calculate MPG for your vehicle(s). You can even select the appropriate MPG range for your vehicle(s) and ExpressIFTA will notice if data you enter falls outside that range and make corrections if needed.

Then, ExpressIFTA will calculate penalties, interest, credits, or refunds based on your Base Jurisdiction’s instructions.

After that, you can email your IFTA tax report to yourself or any selected recipient. 

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 in order to complete your return before the IFTA deadline. Print, download, or email your information at any time!

Use this report and our IFTA tax tools to help make your IFTA filing process simpler and quicker. With ExpressIFTA, you still have a chance to meet the IFTA deadline.

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You Need To Be Aware of 2019 CVSA Operation Safe Driver Week

Hosted by the Commercial Vehicle Safety Alliance annually, this year’s Operation Safe Driver Week event will be during the week of July 14-20, 2019.

Law enforcement personnel will be paying close attention to commercial and passenger vehicle drivers that are engaging in dangerous behavior while driving.

If there’s ever a time to be “extra safe” it will be this week! Law enforcement is standing by ready to issue warnings and citations to those breaking the law.

Slow Down, Speedy!

Each year, the CVSA determines a new focus for its weeklong event. This year’s efforts will be strongly centered around speeding.

So for those that have a “heavy foot”...SLOW DOWN!

Speeding and reckless driving contribute to at least 26% of all traffic fatalities along with the ever-growing count of automobile accidents that resulted from someone driving above the designated speed limit.

The purpose of this year’s efforts is to endorse, promote, and support the theme:

“Late won’t kill you, speeding will!”

Drive With Caution This Week...And Every Week

Here are a few statistics from last year’s safety week that will make you think twice before being a reckless driver:

• 16,909 passenger vehicle drivers issued speeding citations.
• 1,908 commercial motor vehicle drivers issued citations for speeding.
• 17 commercial motor vehicle drivers cited for driving too fast for conditions.
• 714 passenger vehicle drivers cited for reckless driving for conditions.

Check Your Speed & IFTA Report

Your safety and the safety of others is important! Be cautious of your driving habits and surroundings as you “Keep America Trucking.”

While staying safe this week don’t forget about the 2nd quarter IFTA filing deadline on July 31st, 2019.

ExpressIFTA is the #1 online IFTA reporting software that you need to use for easily generating your quarterly fuel tax report with accurate fuel tax calculations.

Best of all, there’s no payment required until you generate or print your IFTA report! Click here to learn more about ExpressIFTA and get started on your 2nd quarter IFTA filing.

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Countdown To The HVUT Due Date

2019 Form 2290 Kick Off Starts Now!

Often times truckers will wait until the last minute to file causing them more stress and the potential to miss out on important HVUT due dates. Missing a due date can lead to hefty penalties on top of taxes due. 

The HVUT annual fee is calculated by adding:

• The actual unloaded vehicle weight, fully equipped for service. 
• The unloaded weight of the semi-trailer or trailers, fully equipped in combination with the commercial vehicle. 
• The maximum load weight usually carried on the vehicle and any semi-trailer(s) used.

HVUT Due Date

The IRS 2019 Form 2290 for Heavy Vehicle Use Taxes (HVUT) must be filed annually by August 31st. This year, however, the HVUT due date is technically September 3rd.

Although there is a shift in the 2019 HVUT due date, this isn't a call for procrastination.

Why September 3rd?

As mentioned August 31st is normally the HVUT due date, but this year that date falls on a Saturday and the following business day is on Labor Day.

File Your 2019 Form 2290 Now and Pay Later

We are encouraging all of our clients to file their 2019 Form 2290 as early as today and beat the rush. If procrastination is on your mind just think of how many other truckers are thinking the same thing.

The step-by-step instructions make filing as simple as can be. You also have access to trained support staff via phone, email, and live chat.

You could get your 2019 Form 2290 handled today and not worry about paying 2019 HVUT until later.

What Happens If You File Late?

The IRS may impose penalties for several different reasons regarding 2019 HVUT. You may be penalized for failing to file your return or to pay taxes owed by the 2019 Form 2290 due date. HVUT penalties may also be applied for filing false or fraudulent returns. These penalties are in addition to interest accrued on late payments.

The penalty for filing after the HVUT due date is equal to 4.5% of the total tax due assessed on a monthly basis for up to five months. If you also make a late HVUT payment you will also face a monthly penalty of .5% of the total tax due and additional interest charges of .54% will accrue per month as well.

IRS Form 2290 DeadlineCountdown

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Do You Need To File a Form 8849?

If you’re new to trucking the numbers used for necessary forms may be a bit overwhelming. There’s the 2290s, 8849s, 4868s, 1099s, and 123s, we might be exaggerating with the 123s, but you get the gist, it’s a lot of forms and a lot of numbers to remember. We won’t bore you and got through each form 1 by 1, but we will tell you about the two most relevant ones for this filing period.

What is Form 2290?

The form that you have probably heard the most about, as of late is Form 2290. So what is Form 2290, and how does it relate to you, if at all.

Form 2290 is used to figure and pay the tax due on highway motor vehicles used. Your next question is probably does it even apply to you, and the answer is it might. All vehicles with a taxable gross weight of 55,000 pounds or more than travel by highway are required to file Form 2290.

After paying taxes you will be given a Stamped Schedule 1 that serves as proof of payment from the IRS. This document is important, as it is needed in order to register your commercial vehicle.

Do You Need to File Form 8849?

There are exemptions and claim suspensions that apply to some vehicles meeting certain requirements. The requirements are as follows:

• The vehicle used 5,000 highway miles or less during the period.
• The vehicle is an agricultural vehicle and used 7,500 miles or less during the period.
• The Vehicle was stolen during the period
• The vehicle was destroyed during the period
• The vehicle was sold during the period

The above list leads us to the importance of Form 8849. If any of the above is true about a vehicle you owned then you must first file a Form 2290 and pay the correct amount of Heavy Vehicle Use Tax (HVUT) and then complete the Form 8849.

Claims and Refunds

In order to claim credits or refunds for vehicles stolen, destroyed, sold, or only used for 5,000 miles or less and 7,500 miles or less for agricultural vehicles, the Form 8849 is required. The things you’ll need to file a Form 8849 are your name, address, details on the vehicle you are seeking a claim/refund for and your Employee Identification Number (EIN). Be sure to double check that the EIN you are using is consistent with what the IRS has on file.

*If an EIN is needed you are able to apply for one online with the IRS.

File With ExpressTruckTax

The great thing about our sister company, ExpressTruckTax is that it makes all of your Form 2290 filing simpler. It even gives you a chance to auto-generate a Form 8849 if you are in need of one for the current filing period.

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Last Minute Gifts For A Truckin' Mama

Mother’s Day is right around the corner, and if you haven’t gotten a gift for the trucker mom in your life, we have you covered. Waiting to the last minute isn’t always ideal, but here at ExpressIFTA, we take into consideration the hard working individual you are. Here are a few last minute gift ideas proven to make any long-hauling mother feel loved and appreciated.

Insulated Coffee Cup

Every super mom has to get her superpowers from somewhere, and we can bet the heroine in your life uses caffeine as her kryptonite. Insulated coffee cups can also be personalized to say her name or her kid's name. This gift may be last minute, but we’re sure that it’s something she’d use for a lifetime.

Rig Wash

What better way to say ‘thanks to giving birth to some pretty cool babies’, than by washing her pretty cool baby. Bring out the hose and get the suds going for a good ol’ car wash, or should we say rig wash. Try saying that 3 times fast.

Entertainment Subscription 

Whether the trucking mom you’re honoring this year is into music, podcasts, movies, or motivational books you can never go wrong with paying for a subscription for one or more of her favorite entertainment outlets. Depending on your budget you can score her anywhere between 1 month, 12 months or 24 months, of road entertainment, on you.

Digital Photo Frame

Every mama bear hates to leave her cubs. With a digital picture frame for her cab, she can feel like her tribe is right there with her. Take the time to download photos of each family member prior to giving it to her to make this gift even sweeter and thoughtful.

Shower Bag

A swagged out shower bag full of your special trucking ladies’ favorite toiletries will have any trucking mom singing your praises and singing in the shower.

Help Her Pre File Her Form 2290

Working moms have it hard. Working trucker moms have it the hardest. Keeping up with recitals, dentist appointments, and household chores, while on the road isn’t for the weak. Although she may be capable to take on the world with one hand behind her back, it doesn’t mean that she should have to. File as early as TODAY with Truck Services of North America. She won’t have to worry about her Form 2290 until 2020. Talk about a gift that keeps on giving!

R&R

You know it and we know it. That trucking mom in your life needs a bit of rest and rehabilitation. The woman in your life works day in and day out and time for herself is something that never makes it on the to-do list. Take care of her task for a day and make sure she’s able to carve out some time for herself.

A Bed Fit For A Queen

Speaking of rest, your trucker queen needs to be able to experience a good night's sleep before she hits the road. Purchase her a new mattress or a quality mattress topper to make her night’s away from home a little more comfortable.

Polarized Sunglasses

Everyone can attest that their trucking mama is a star, but even the most glamorous of them need protection from the sun. As we edge into Summer the need for shades is essential for drivers on the road for up to 12 hours a day. Polarized sunglasses will keep the sun from blasting in their eyes. Be sure to get your star a pair that fits their personality and maybe grab a personalized case to match.

Snacks

Fill up a basket with some of your favorite driver’s go-to snacks. We all have comfort food we gravitate toward and making sure that she’s stocked up can make all the difference on some of her worst days.

There is no excuse for not knowing what to do or what to get for the special trucking lady in your life. The price range of these gifts start at just under zero dollars and zero cents, so there's bound to be something within your budget. We hope that this Mother’s Day is one to remember with family and friends.

Happy Mother’s Day to your family, from ours.

As always, keep truckin’ mamas!

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Exemptions That Can Save You Big Money When IFTA Filing

We are days away from the 1st quarter reporting due date, April 30. Making sure you file your quarterly IFTA forms correctly can save you from audit and make sure you aren’t paying too much. As part of getting the correct amount back it’s wise to be up to date on non taxable and exempt IFTA miles.

What IFTA Reporting Is For

The International Fuel Tax Agreement (IFTA) is a tax collection and sharing agreement between certain jurisdictions that redistribute fuel taxes paid by interstate commercial carries. IFTA requires commercial carriers to pay fuel taxes proportionally, according to the miles traveled to and from each state, and or province. This is put in place to ensure that each IFTA member gets its fair share of revenue to put towards transportation and roads.

Non-IFTA Jurisdictions are where IFTA credentials do not matter.

Non-IFTA Jurisdictions:

Alaska

Hawaii

District of Columbia

Yukon Territory

Northwest Territory

Nunavut

Mexico

Each jurisdiction has its own unique definition of non-taxable mileage or exemptions. Any of the miles that fall under IFTA jurisdictions are considered non-taxable miles. To see what all applies you can visit the IFTA site. There are three kinds of exemptions, vehicle exemptions, fuel exemptions, and distance. They can vary from year to year, so staying up to date will be beneficial.

There are some states that allow exemptions for driving in certain areas, these could be Indian reservations, private roads and land, certain toll roads, etc.

Most turnpikes are taxable and non-exempt. The only two that are not is the Massachusetts Turnpike and the Cobequid Pass Toll Highway. Carriers that claim these as exempt or non-taxable on their IFTA reports are required to keep the receipt as proof.

Who Pays IFTA Tax

• Anyone who operates a vehicle with 2 axles and a gross weight or registered gross vehicle above 26,0000 pounds.

• Anyone who operates a vehicle with 3 or more axles (regardless of weight).

• Anyone who operates a vehicle with a combined weight of 26,000, including cargo. 

*If you DO NOT operate outside of your state IFTA does not apply to you.

It is also important to note that even if the carrier has not conducted any operations or used taxable fuel for a particular period, a report must still be filed.

Quarterly Tax Reporting Period

*If the last day of the month falls on a Saturday, Sunday or legal holiday, the next business day will be considered as filed timely.

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Extend Your Tax Day Deadline

The Application for Automatic Extension of Time to File U.S Individual Income Tax Return, better known as Form 4868, extends the deadline of the income tax return as far as six months. This means you won’t have to submit tax documents until October 15th, 2019.

The deadline to submit a Form 4868 is on Tax Day, April 15.

Form 4868 is for anyone who feels like they can’t meet the deadline. We get it and so does the IRS. Things happen, documents go missing, and time gets away from you.

It is vital to note that Form 4868 only pushes back the filing of your tax documents. It doesn’t give you extra time to pay any taxes that you might owe. If you think you may owe money this year you’ll need to estimate the amount after filing for your extension. 

Three Ways To Get An Extension

1. Pay electronically: When you choose this method you don’t need to file Form 4868. By making a payment the IRS will automatically process an extension of time to file when you pay part or all of your estimated income tax electronically. This can be done online or over the phone.

2. E-File: When you e-file you can do it on your personal computer or through a tax professional. Be sure to have a copy of your previous tax return. This information will be needed for verification. At this time you can choose whether or not to make a payment online, or send it in via postal mail.

3. Paper filing: With paper filing, all you will need to do is fill out a paper Form 4868. You can choose to send it into the IRS in two ways. The first way is through the mail and the other would be through a private delivery service. Be mindful that if you are a fiscal year taxpayer, you must file a paper Form 4868.

If you are unsure on whether you can make the deadline it is important that you file an extension to be on the safe side. Choosing to file late can get pretty costly. The penalty can bee 5% of the unpaid taxes for each month or partial month it is late. If the return is more than 60 days late, the minimum penalty is $135 or 100% of the unpaid tax, whichever value is smaller.

What Filing A Form 4868 Means

Did you know that filing an extension doesn’t put you at higher risk of being audited? Generally, an extension is issued automatically and they won’t hassle you about why you are in need of an extension. So there is no need to pull out the old faithful, “My dog ate my homework” excuse.

Take the time to put in your extension today. We’d rather you be safe than sorry before paying some pretty costly penalties.

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Habits You Should Adopt To Avoid Being Audited

When it comes to truckers who have never gotten audited we promise their trick isn’t to just sit around with fingers crossed hoping to avoid it. Those particular truckers have more than likely implemented quarterly habits to help make sure there are no red flags on their reports.

The deadline for 1st Quarter IFTA reports is April, 30. We want to ensure you fall in line with truckers passing quarterly reports with flying colors, so we’ve made a blog for you to follow for the next few weeks to make sure auditors won’t be heading your way.

Don’t Make Estimates

The time it takes to be detailed when filing IFTA Tax Reports can be overwhelming, making the idea to guesstimate the miles traveled and the average MPG for your fleet a go-to method. This however, is one of the number one actions that can lead to an audit. Inaccurate estimates raise significant red flags. Truckers are required to provide precise records of mileage and fuel use. 

Don’t File Late

Not only does late filing lead to penalties in the form of late fees, but it can also lead to significant mistakes. Waiting to the last minute adds stress and can make you feel rushed. Plan ahead so that you may take your time and even have room for your work to be checked over by another pair of eyes. 

Review Trip Sheets

Keeping up with your trip sheets will make filing a lot simpler if you stay organized throughout each quarter. After each trip, make sure you are giving precise data, as mentioned earlier. Make sure you have zero gaps by including personal miles in your report. This step is important because discrepancy in your mileage reports may come off as if you are hiding something. Your trip to run small errands matter, even if it’s to the closest McDonald's. (Although we understand why you might want to hide that one.) It can also be easy to forget to record your end of the day mileage, but it’s vital to keep a record so that it matches your beginning of the day.

Be MPG Aware

Your MPG can fluctuate due to a number of factors. Weather, speed, idling, cargo weight, and road conditions. Keeping an eye out for changes in MPG will allow you to have better accuracy in your reports.

Keep Calm and Drive On

By adding the above habits to your daily work life, you eliminate a lot of stress that comes with filing an IFTA report. Audits can be terrifying. If you happen to get audited the best thing to do is remain calm and communicate. Remember that an audit is genuinely just a way to gain clarity; it is not a personal attack. Don’t avoid phone calls and emails, but be concise with your answers and keep in touch with your auditor. The calmer you are in approaching an audit, the smoother the process will go.

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