Hopefully, one of your New Year’s resolutions is to get a head start on your taxes since tax season is right around the corner. While completing your personal and business tax returns, don’t forget that the 4th quarter IFTA deadline is coming up on February 1! Luckily, we’re here to help you get ready!
Get Ready For The 4th Quarter IFTA Deadline
Now in order to complete your IFTA return, you need to provide the following information:
Your total miles traveled per jurisdiction, including trip permit miles.
The total gallons of fuel consumed by your vehicle per jurisdiction.
The tax-paid gallons of fuel purchased per jurisdiction.
And the current tax rate per jurisdiction.
ExpressIFTA has your back by being IFTA experts. Each quarter we update the current fuel tax rate per jurisdiction, so you don’t have to worry about keeping up with it. We also provide IFTA information per state so you can correctly file according to your base jurisdiction’s standards. For example, some states require you to paper file, while others require you to e-file. Read about your state’s requirements here.
Importing Your Information
You may feel like IFTA requires you to keep up with a lot of information, but ExpressIFTA makes it easy to track all of the required data online, in one convenient location. For example, you can upload photos of your fuel receipts to easily keep up with your fuel purchases in your account.
You can also quickly import your information by using the quick entry screen to upload all of your IFTA reporting information for a month at a time, or the bulk upload feature to import all of your data at once. Plus, you can even import your mileage records directly from your GPS.
Keeping Detailed Records
As IFTA experts we know that keeping detailed records is extremely important, which is why you can make organized trip sheet entries. Our trip sheets allow you to track starting and ending locations, beginning and ending dates, miles traveled per jurisdiction, odometer readings and more!
At the end of the quarter, all of your information will be totaled in an easy to read IFTA report. We will automatically calculate all of the totals needed to complete your IFTA return, including the amount of IFTA tax you owe. You can email, print, and use the report to instantly fill out your IFTA return!
To help you keep detailed records for your business, all of your information will be saved per quarter and can be easily accessed online from any location. This will help in the event of an IFTA audit because your information will be readily available.
Also, the dedicated, US-based ExpressIFTA support team is here to help. If you need any assistance with your IFTA report give us a call at 704.234.6005. We’re also available via live chat and offer 24/7 email support at support@ExpressIFTA.com