Get Your IFTA Filing Done Right: Tips for a Stress-Free Process
Filing your quarterly International Fuel Tax Agreement (IFTA) report is crucial to running your business. It can also be a complicated and time-consuming process. But don’t worry - you can quickly meet the IFTA quarterly deadline with the right approach. In this post, we’ll share tips to help you get your IFTA filing done right and on time.
When is the Quarterly IFTA Due?
Before diving into the tips, let’s ensure we’re clear on the quarterly IFTA deadline. The due date for the first quarter (January to March) is April 30th. The second quarter (April to June) is due on July 31st. The third quarter (July to September) is due on October 31st. And the fourth quarter (October to December) is due on January 31st of the following year.
Tips to Meet the Quarterly IFTA Deadline
1. Keep Accurate Records
The key to successful IFTA filing is keeping accurate records. Keep track of every mile driven and every gallon of fuel purchased, including the location where the fuel was purchased and the price per gallon. Accurate records will make it easier to calculate your fuel tax and avoid errors on your IFTA report.
2. Use an IFTA Fuel Tax Calculator
An IFTA fuel tax calculator can help you calculate the amount of fuel tax you owe for each jurisdiction. This can save you time and reduce the risk of errors. Many software programs and apps can help you streamline the process and keep accurate records.
3. File on Time
Filing your IFTA report on time is critical. You may be subject to penalties and interest charges if you miss the deadline. Ensure you plan and allow enough time to complete the filing process before the due date.
4. Get Help if You Need It
If you’re struggling with your IFTA filing, don’t hesitate to seek help. Many resources are available, including IFTA support services, software providers, and tax professionals specializing in the trucking industry. Getting professional help can save you time and money in the long run.
Vallon Consulting Offers IFTA Service for the 1st Quarter.
By choosing Vallon Consulting’s IFTA filing service, you can enjoy the following benefits:
Accurate and timely filing: Our team of experienced professionals will handle your IFTA filings accurately and submit them before the deadline.
Save time and effort: Outsourcing your IFTA filing to us means you can focus on other aspects of your business, such as growing your client base and improving your services.
Avoid penalties: Our professionals are up-to-date with the latest IFTA regulations and will ensure that your business complies with all requirements, helping you avoid penalties and fines.
Peace of mind: With Vallon Consulting, you can rest easy knowing that experts are handling your IFTA filings, giving you peace of mind and allowing you to focus on growing your business.
Don’t let IFTA filing be a burden on your trucking business. Let Vallon Consulting simplify the process with our affordable and reliable IFTA filing service. Take advantage of our limited-time offer and sign up for our service today for just $75.
About Vallon Consulting LLC: Vallon Consulting is A Full-Service Trucking Consulting Company that tackles some of the most critical challenges and obstacles in the trucking industry. Our diverse global team is passionate about helping carriers and fleet managers meet their goals and ensure business stability. We do this by providing services, solutions, resources, and education.
At Vallon Consulting, We Take A “No Carrier Left Behind” Approach. Our Mission is to provide services and resources that address our client’s unique needs. You can learn more about us online at www.vallonconsulting.com and stay tuned with industry updates by following us on Instagram, LinkedIn, Facebook, and Twitter.
