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Showing posts with label online tax filing. Show all posts
Showing posts with label online tax filing. Show all posts

Thursday, April 14, 2016

5 Signs You’re not Ready for the Road

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Everybody has their pre-trip rituals. Sometimes that means stocking up on hygiene essentials, replenishing your nonperishable foods, or maybe catching up on this month's reruns.

Oh, and don’t forget, ensuring that you and your truck are ready for the road.

Obviously, inspecting and maintaining your vehicle are top priorities, but there are a few other concerns to watch out for.

Skimping out on Truck Inspections


Now, this goes without saying… but don’t skip over your pre-trip inspection. They’re designed not only for your safety, but to save you money as well.

I mean, it’s a lot cheaper to fix a problem when you’re parked than it is to have a flipped over trailer.

Yeah, that was one of the harder parts of getting your CDL—it’s a lot of memorization. But as a transportation professional, it’s what sets you apart from the rest.

You Ride Without Trip Planning


Experience is the best teacher you can have in this field. And the experienced truckers know you need to plan your trip ahead of time.

Download a trucking management program like TruckLogics, and use ProMiles for precise trip routing. ProMiles only chooses routes appropriate for heavy vehicles, eliminating costly mistakes, detours, and out-of-route mileage.

With TruckLogics and ProMiles, you can quote services to clients with more accuracy, instead of just rough estimations.

Plus, your recordkeeping afterward will increase thanks to one-click Trip Sheet generation!

Your House is in Disarray


We’ve mentioned tidying your cab before, but what about your house? Maybe you didn’t get to mow the lawn before heading out, or you know it’s time to do some Spring cleaning. Or on an even more personal note, someone in your family needs you.

Remember, downtime is important. Not just for your mental health, but for your financial livelihood, as well.

You're Just Going to Eat Fast Food Again


Come on, guys. We’ve talked about this. We know you don’t have a lot of time to plan meals, but with just a little bit of planning, you can eat a nutritious diet that keeps you away from the Big Mac.

You’re gonna spend most of your day sitting as you drive, so eating healthy enough to keep the pounds away will offset the decrease in calorie burning activity. And besides, you can always just do a trucker workout when you get off the road.

You Don't Have a Plan for Tax Filing


We hate to remind you of this ourselves, but your IFTA filing deadline is just around the corner.

That’s right, IFTA is coming!

And planning is everything when it comes to generating your IFTA report. Get ready for the upcoming deadline by calculating your IFTA tax amount ahead of time with the Fuel Tax Calculator.



And you remember all those Trip Sheets you generated with TruckLogics? Yeah, adding Trip Sheets to ExpressIFTA is easy.



Proactivity is the key to being a successful trucker. Ask yourself if you’re ready for the road!

As far as your IFTA report goes, if you run into any questions, the dedicated customer support team over at ExpressIFTA is ready to help! Give us a call at 704.234.6005 or shoot us an email at Support@ExpressIFTA.com.

What are your pre-trip rituals before hitting the road? Are you ready for every occasion?



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Wednesday, June 29, 2011

Expected delay for filing IRS Form 2290(2011-12)

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The annual filing season of IRS Form 2290 for 2011-12 may be delayed.  IRS will not accept any paper format or e-filing at this time. An announcement on when it will be in place is expected to be made by IRS.

A meeting was conducted by IRS regarding the extension of time for tax filings for Form 2290.  Right now, the tax legislation is tied up in Congress. A new legislation need to be passed before IRS can collect the 2011-12 Form 2290 tax for the entire year.

Normal tax filing is not going to happen because of issues within the congress. IRS may wait as long as possible so that a single tax return is all that will be necessary for the 2011-12 tax Year. However a backup plan is in place so that a 3 month tax (July, August and September) can be collected by August 31st filing deadline. When the new legislation is passed, it will determine what happens for the reminder of the 2011/12 tax year.

Please register at www.ExpressTruckTax.com to get the latest updates on Form 2290.
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Monday, March 28, 2011

How Fuel Tax-IFTA (International Fuel Tax Agreement) Works?

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What is IFTA?
The International Fuel Tax Agreement, or IFTA, represents a tax collection agreement by and among the 48 contiguous United States and the 10 Canadian Provinces bordering the United States.  IFTA is a quarterly tax on qualified highway motor vehicles that operate in at least 2 out of the 58 total jurisdictions.  

Who Must Pay?
A vehicle is considered to be a qualified motor vehicle if it is used, designed, or maintained for the transportation of persons or property and has a gross vehicle or registered gross vehicle weight of more than 26,000 pounds.  A Vehicle is also considered to be a qualified motor vehicle if it has three axles, regardless of its weight.  Finally, a vehicle is considered to be a qualified motor vehicle if the combined weight of all of its parts is greater than 26,000 pounds.

How Does it Work?
Each Vehicle has a Base Jurisdiction, which is the state or province in which the vehicle is registered.  Fuel Tax must be filed with each jurisdiction each quarter.  Each state or province has a different Rate and those rates change quarterly.  Each driver must keep a trip log of how many miles are traveled in each state or province, as well as how much fuel was purchased in each state or province.  

What is IFTA’s Purpose?
The official purpose of IFTA is “to promote and encourage the fullest and most efficient possible use of the highway system by making uniform the administration of motor fuels use taxation laws with respect to qualified member vehicles operated in multiple member jurisdictions.”  When IFTA is filed with the appropriate jurisdiction, The Fuel Tax Report is then used to determine the tax amount due as well as the refund due.  It is also used to redistribute taxes from collecting jurisdictions to jurisdictions that it is due.  One of the reasons for the Fuel Tax is to ensure that a vehicle pays taxes to all deserving jurisdictions. For Example: if a vehicle travels through a state, but buys no gas while in that state, then there was no fuel tax paid to that state through the purchase of gasoline.  Part of their tax would then be redistributed to the state that received no fuel tax.
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ExpressTruckTax Blog

E-file your HVUT Form 2290 with ExpressTruckTax.