| IFTA Fuel Tax reporting and payments are an | | | | trucking receipts for their fleet was time-consuming |
| important requirement for all trucking companies in | | | | and in case if any mistake either by owners or by |
| United States and Canada. The fuel taxes in all 48 | | | | drivers, the possibility of error on your fuel tax reporting |
| states of United States and 10 provinces of Canada | | | | could lead a completely new set of worries. |
| are not the same. They vary according to the place, | | | | To automate this task of reporting IFTA Fuel Tax and |
| so it is very tough for trucking company owners to file | | | | minimize the possible errors caused by manual |
| International Fuel Tax. | | | | calculation, some companies came up with a |
| International Fuel Tax Agreement (IFTA) is a common | | | | customized software application, specially developed |
| legal understanding between United States and | | | | to handle all tasks related to IFTA Fuel Tax reporting. |
| Canada (48 states of US and 10 provinces of | | | | The IFTA Fuel Tax Software reduces the complexity |
| Canada), that deals with simplification of reporting fuel | | | | involved in this task and makes it just a game of few |
| tax by motor carriers. | | | | mouse clicks. The software does all the calculation |
| According to IFTA, trucking companies have to pay | | | | itself providing you accurate details of taxes to file in |
| quarterly taxes to all states (where there trucks are | | | | individual states. |
| ferrying). Even the tax rates in different states are | | | | Due to an attractive market for IFTA Fuel tax |
| different and the tax is calculated based on miles | | | | Software, there are several players in development of |
| driven by a truck in any particular state. Trucking | | | | such customized applications. However, it is completely |
| companies has to rely upon the manual logs | | | | up to the trucking company owners to test and judge |
| maintained by drivers on daily basis. It was not less | | | | the best possible software applications suiting their |
| than a nightmare to finalize the IFTA taxation process | | | | needs. The licensing, applications, reporting features, |
| for trucking company owners. | | | | and user interface were some of the decision makers |
| For owners of several trucks, keeping track of all | | | | for purchasing a IFTA Fuel Tax Software. |