ExpressIFTA Blog

Tuesday, July 31, 2018

The 2nd Quarter IFTA Deadline is Here

We hope you are ready because the time has come: the July 31st 2nd quarter IFTA deadline has arrived. This means that you need to file your IFTA report with your base jurisdiction by midnight or you’ll have outrageous penalties to face.

This could put you in a state of panic because, historically, IFTA has been a complicated process. Do you have time to set aside hours to calculate all of the IFTA totals needed to complete your return? If not, don’t worry. ExpressIFTA, the quick and easy online IFTA reporting solution is here to help.

The 2nd Quarter IFTA Deadline Is Here

Our goal at ExpressIFTA is to make the IFTA reporting process easier and faster to save you time. That’s why we’ve made it incredibly easy to import all of your information. Then we will use the data you enter to calculate all of your IFTA totals with 100% accuracy.

IFTA Reporting Instructions

All of your information will be generated in an easy-to-read IFTA report that can be printed, emailed, and used to complete your IFTA return with your base jurisdiction instantly. Best of all, the entire process can be completed in a matter of minutes!

To get started today, simply create your free account using your email address. You will register with your name, contact information, and primary language. We offer support and services in both English and Spanish.

Enter your business detail, including your address; it is important that this information match what is on filed in the IFTA database.

Next, you will enter your base jurisdiction, which is your home state or the state where your vehicle is registered.

After that, you will enter your vehicle information such as the number, make, model, and fuel type. You can enter multiple vehicles and drivers to tack the IFTA totals for your entire fleet.

Then you can enter your mileage information at your own pace. You can add your information per trip with trip sheet entries, enter your information for the entire month with the quick entry screen, or bulk upload all of your data.

To make importing even faster, you can upload all of your information directly from your GPS. We also accept ELD data.

Generate Your IFTA Report

Last, but not least, it’s time to generate your IFTA report! It will catch any basic errors that need to be corrected. Your IFTA report will also include any penalties, interest, credits/refunds based on your base jurisdiction's instructions.

Speaking of base jurisdictions, when you use your IFTA report to file your return, make sure you file according to your base jurisdiction's rules and regulations, Each state has their own filing requirement. For example, some require you to paper file while others require you to e-file. Learn about your state’s regulations here.

If you need any assistance, then please don’t hesitate to contact our live US-based ExpressIFTA support team.

File My IFTA Fuel Tax

Read More »

Monday, July 30, 2018

Before You Forget Here Are The IFTA Fuel Tax Penalties

Just in case you forget, the second quarter International Fuel Tax Agreement (IFTA) deadline is next week! Wednesday, July 31st 

Filing IFTA fuel tax report and paying the taxes due is incredibly important. Gathering all of the necessary documents and filing can take up a lot of time.

Unfortunately, if you put it off until the last moment, it can lead to severe penalties–– ones you can easily avoid by filing your IFTA return with ExpressIFTA. So before you forget, here are the IFTA fuel tax penalties you could be facing.

Before You Forget Here Are The IFTA Fuel Tax Penalties

One of our goals at ExpressIFTA is to help you gain awareness about the Internal Fuel Tax Agreement and the penalties you can occur if you miss the deadline. Here is a little extra incentive to encourage you to file your IFTA return by tomorrow’s deadline. 

Federal Fuel Tax Penalties

Your penalty rate is based on the time it takes you to file after the deadline. So if you file late, you will automatically face a penalty of $50 or 10% of your taxes, depending on which amount is more. However, the IFTA Nevada penalty is $50 plus 10% of the total tax amount you owe.

If your payment is late, you will be charged .4167% of the total tax you owe every month until the amount is completely paid off. The IFTA Nevada penalty for administrative fees increases rapidly. The fees are $100 for the first time, $500 for the second, $1,000 for the third and more.

Not to mention your base jurisdiction reserves the right to suspend or even revoke your IFTA license.

To avoid these penalties your IFTA report needs to be submitted to your base jurisdiction by midnight tomorrow. 

File IFTA Online

You can quickly generate your IFTA report here at ExpressIFTA. Your report will have all your IFTA totals, plus it can be printed, emailed, and used to complete your return instantly.

Best of all, ExpressIFTA will handle all of your IFTA calculations for you. Your totals will be automatically calculated with 100% accuracy, so you don’t have to worry about making any mathematical mistakes.

Generating your report is easy, simply enter your distance and fuel records online at your own pace. Enter your information per trip, by month, or bulk upload all of it at once! Then when you’re ready to generate your report, an internal audit check will be performed to catch any fundamental errors.

Read More »

Wednesday, July 18, 2018

The Complete Guide That Will Make Filing Form 2290 Online Easy

In addition to the upcoming IFTA reporting deadline on July 31, 2018, you should be preparing to file your Heavy Vehicle Use Tax Form 2290. We understand filing your IRS Form 2290 can be confusing and often frustrating when trying to decipher IRS terminology. To give you an extra hand here is the complete guide that will make filing Form 2290 online easy.

When you are ready to file 2290 online, might we suggest our sister product ExpressTruckTax. They will guide you through the Form 2290 filing process step-by-step so you can receive your stamped Schedule 1 in a matter of minutes. Also, they offer bilingual US-based customer support in English and Spanish.

The Complete Guide That Will Make Filing Form 2290 Online Easy

Before we get into the nitty-gritty, let’s take a moment to review the basics of the heavy highway use tax. So who is required to file the 2290 tax? If you are an Owner-Operator with a registered vehicle with gross weight more than 55,000 Ibs, then Form 2290 filing applies to you. 

When is The Form 2290 Due Date?

Well, the official IRS 2290 filing period for the 2018 Form 2290 opened on July 1, 2018, for the 2018-19 tax year. The typical taxable period of Form 2290 filing begins on July 1 and ends the following year on June 30. If your current truck was in use at the beginning of the tax period your Form 2290 due date is August 31, 2018.

If your first use month for your current vehicles is any month other than July you will need to file Form 2290 by the last day of the month following your vehicle’s first used month. 

ExpressTruckTax Form 2290 Instructions

Step 1:

Create a free ExpressTruckTax account using your email address.

Step 2:

Click the orange ‘Start New Return’ button and enter your trucking business information (Name, Address, and EIN). Please note that you must have an Employer Identification Number (EIN) for your business to complete the Form 2290 filing process. You cannot use your Social Security Number; if you do use your SSN, your IRS Form 2290 will be rejected.

Step 3:

Enter the 2018-19 tax year and your vehicle’s first used month. If your current vehicle was in use last July, this will be your first used month. ExpressTruckTax Form 2290 filing is based on your vehicles first used month, and it is due the last day of the month following when it was first used. 

Step 4:

Enter your rigs information including its Vehicle Identification Number (VIN) and taxable gross weight. You will need to specify if your vehicle is exclusively used for agricultural or logging purposes. This is extremely important because you could receive a significant 2290 tax credit or exempt the road tax 2290 altogether. However, no matter your vehicle type you will still need to file and receive your stamped Schedule 1.

Step 5:

ExpressTruckTax automatically calculates your tax amount based on your information provided. You can then select one of the following HVUT payment options: Pay 2290 with credit card, debit, direct debit, electronic funds withdrawal (EFTPS IRS), check, or money order. 

Step 6:

ExpressTruckTax will review your information to ensure error-free filing; however, we highly encourage you to double-check your VIN number as this is the most common reason for HVUT rejection.

Step 7:

Transmit your 2290 tax directly to the IRS. You will receive your proof of HVUT payment in a matter of minutes, and you will be set until 2019. 

File Your 2290 Tax Over The Phone

If you are looking to skip all of this and go with a full-service solution you can contact our sister product, TSNAmerica. Their outstanding bilingual support team will file Form 2290 on your behalf over the phone. The process is straightforward and will take less than 5 minutes. Give them your information and they will do the work for you. Once they have submitted your information to the IRS, you will receive a copy of your stamped Schedule 1 via email.

TSNAmerica: 803.386.0320

Form 2290 E-File Made Easy With ExpressTruckTax

If you have questions, the ExpressTruckTax support team is available via phone, live chat, and email. Their US-based representatives are Heavy Vehicle Use Tax experts and will take the time to answer all of your Form 2290 e-file questions and will even walk you through the filing process.

File IRS Form 2290 Online Today!

Read More »

Wednesday, July 11, 2018

What You Need to Know About The IFTA Tax Return

In addition to the HVUT Form 2290 filing deadline, members of the trucking industry should be aware of the impending IFTA tax return deadline coming up on July 31st. Don’t let this deadline sneak up on you. To help you get started here is what you need to know about the IFTA tax return.

What You Need to Know About The IFTA Tax Return

IFTA, or the International Fuel Tax Agreement, is an arrangement between 48 of the United States (only excluding Alaska and Hawaii) and 10 Canadian provinces to report fuel use by authorized motor carriers that operate in more than one jurisdiction (state). The IFTA fuel tax redistributes fuel taxes equally among the jurisdictions.

To show you filed your IFTA return and paid the taxes owed by the deadline, you will be issued an IFTA license and IFTA stickers. The license should be kept in your truck at all times and the IFTA stickers are to be displayed under your driver’s side window.

What is a Jurisdiction?

A jurisdiction is a state that you drive through. Your IFTA report should be made directly with your base jurisdiction or home state. Your base jurisdiction is also where your truck and information is registered.

Vehicle Qualifications For IFTA Reporting

Your vehicle qualifies for IFTA reporting if it travels between more than one jurisdiction and:

  • Has two axles and a gross vehicle weight exceeding 26,000 lbs 
  • Has two axles and a registered weight exceeding 26,000 Ibs 
  • Has a combination weight exceeding 26,000 Ibs
  • Has three or more axles regardless of weight

IFTA Fuel Tax Reporting Requirements

You are required by law to complete an IFTA report quarterly and with your base jurisdiction. To file you will need the following information:
  • The total miles traveled per jurisdiction including taxable and nontaxable, IFTA and non-IFTA, and trip permit miles.
  • The total gallons of fuel consumed in each jurisdiction including taxable and nontaxable, IFTA, and trip permit miles.
  • The number of gallons of fuel purchased per jurisdiction.
  • The tax paid on each gallon of fuel purchased per jurisdiction.
  • And the current tax rate per jurisdiction.

IFTA Fuel Tax Rates 2nd Quarter 2018

At ExpressIFTA we automatically update our calculations and IFTA tax rates to ensure 100% accuracy. Plus our innovative features help you complete your IFTA quarterly fuel tax report.

Here is how to get started today:
  1. Create your free ExpressIFTA account
  2. Enter your business information
  3. Specify your base jurisdiction
  4. Enter your vehicle details
  5. List your miles and fuel records
  6. Generate your IFTA quarterly fuel tax report

No more complicated IRS terminology or calculations. Our IFTA software will accurately calculate your IFTA fuel tax rates and IFTA tax based on the provided information guaranteeing you are not over or underpaying.

File My IFTA Taxes Online

Read More »

Thursday, July 5, 2018

Important Mistakes to Avoid When Filing IFTA Online

The International Fuel Tax Agreement is one of those things that just keep coming. Four times a year to be exact! If IFTA filing is already a hassle then it becomes even worse when simple mistakes are made on your return which causes it to be rejected. Here are important mistakes to avoid when filing IFTA online or anywhere else.

Important Mistakes to Avoid When Filing IFTA Online

On top of the impending HVUT Form 2290 due date coming up you also need to be aware of the 2nd quarter IFTA deadline on July 31st. You need to file your IFTA return with your base jurisdiction by this date or face outrageous penalties.


Filing Your IFTA Report Late or Not at All

We understand you are busy and the IFTA deadline always seems to sneak up on you. It is tough to dig up months of fuel records and mileage calculations. But you have to send your IFTA report on time to avoid penalties. Late submission or forgetting to file at all will lead to an automatic $50 or 10% penalty on the total tax amount, whichever is greater. Also, this could result in a dreaded IFTA audit.

Estimating Fuel Calculations

It might be tempting to save time by estimating your average miles per gallon and miles traveled at the end of the quarter, but it is essential to record all of the numbers accurately.

To receive your full refund or tax credit you will need to record all of your fuel receipt information such as your gallons purchased and where. 

Not Logging Personal or Unloading Miles

All miles need to be reported on your IFTA return. Although it may seem irrelevant to report the miles you take during a trip to unload or for personal errands like food, it still needs to be included. It will raise a red flag on the IRS end if there is a gap between mileage on your log from day to day.

Waiting Until The Last-Minute

The struggle against procrastination is real. It is tempting to put off filing your IFTA return but given all the information you need to compile, procrastination is not your friend. As time-consuming as it may be, you have more than enough time to organize all your information to complete your IFTA report before the July 31st deadline.

File With The Best IFTA Software Available

If all of this information is slightly headache-inducing we totally understand. Which is why at ExpressIFTA we make IFTA reporting simple. Our IFTA software for reporting includes innovative features that let you upload your IFTA fuel tax information at your own pace. Upload your trip information as you go or all at once with each quick entry screen. You can even upload your miles from your fuel card.

Don’t worry about handling any complicated calculation yourself, because we will automatically calculate IFTA fuel tax rates for you. And all of your information will be kept in an easy-to-read report that can be easily printed and used to complete your return.

File My IFTA Return

Read More »

Support Center