ROCK HILL, SC / ACCESSWIRE / July 22, 2022 /The International Fuel Tax Agreement (IFTA), was made between the 48 contiguous states and 10 Canadian provinces. Truck owners are required to file IFTA if their vehicle weighs 26,000 pounds or more, has three or more axles, and travels through two or more jurisdictions.
The data required to file IFTA includes the number of miles traveled and gallons of fuel purchased in each jurisdiction. IFTA must be filed quarterly with the vehicle's base jurisdiction so that the base jurisdiction can distribute the taxes to the states where fuel was purchased in.
It's officially time to begin filing IFTA for the second quarter of 2022 and TruckLogics offers an easy-to-use IFTA reporting solution. Truckers can simply sign up for the new "TruckLogics IFTA only option" to generate IFTA reports in just a few minutes. Truckers have an option to add fuel and mileage data manually, via Motive (formerly KeepTruckin), or by using an excel template provided by the TruckLogics system.
Based on the data provided, TruckLogics will generate IFTA reports in the format required by the base jurisdiction. This TruckLogics IFTA-only option comes as a pay-as-you-go model, where truckers can only pay for the reports they generate.
TruckLogics is also popularly known for providing the Trucking Management Solution that helps streamline trucking business operations. Truckers can create loads, dispatches, invoices, track income and expenses, manage truck maintenance, pay drivers, and much more. There is a no-obligation 15-day free trial available for those who want to see if TruckLogics Trucking Management Solution is right for them.
When asked about the start of IFTA reporting for the second quarter Agie Sundaram, the CEO and Co-founder of SPAN Enterprises, the parent company of TruckLogics, responded, "TruckLogics not only offers a simple solution to IFTA reporting for the second quarter but also offers a full Trucking Management Software with a locally-based support team that is available to answer any questions you may have about the software."
The IFTA filing deadline for the second quarter is due by August 1, 2022. Generate an IFTA report now at TruckLogics.com to quickly generate an accurate IFTA report where the tax rates are calculated for you.
TruckLogics, a leading Trucking Management Software, has been helping hundreds of trucking fleets streamline their business operations with both the full TMS and its recently added IFTA-only option.
SPAN Enterprises, the parent company of TruckLogics, creates industry-leading solutions for IRS tax e-filing and the transportation industry. Located in the heart of downtown Rock Hill, South Carolina, SPAN Enterprises is proof that big ideas can grow and thrive in a small town.
SPAN Enterprises develops, supports, and grows powerful applications. This includes TaxBandits, ExpressTaxExempt, ExpressTruckTax, ExpressExtension, and more. Learn more at https://www.spanenterprises.com/.
Please direct all media inquiries to Nicole Jankov, Content Writer, at nicolejankov@spanenterprises.com.
SOURCE: SPAN Enterprises
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https://www.accesswire.com/709487/IFTA-Reporting-For-The-Second-Quarter-Of-2022-Is-Here
