IFTA TAX FILING 1ST QUARTER 2012
 -
RSS Follow Become a Fan

Delivered by FeedBurner


Recent Posts

SERIOUS AUTO TITLE PROBLEMS: Dealer/Auction Went out of Business Without Giving a Title (Segment 5)
SERIOUS AUTO TITLE PROBLEMS: DMV MADE A MISTAKE ON MY AUTO TITLE! (SEGMENT 4)
SERIOUS AUTO TITLE PROBLEMS: RECEIVED A JUMPED AUTO TITLE (SEGMENT 3)
SERIOUS AUTO TITLE PROBLEMS: SELLING A VEHICLE WITHOUT A TITLE (SEGMENT 2)
SERIOUS AUTO TITLE PROBLEMS (SERIES)

Most Popular Posts

IFTA FILING 2ND QTR 2011 IS DUE
Multiple Owners on a Vehicle Title
VEHICLE TITLE SKIPPING
WHAT IS A NON REPAIRABLE CERTIFICATE
Motor Carrier Permits: IRP/IFTA Trip Permits, Overload Permits& Hauling Permits

Categories

1st Quarter IFTA Tax Filing
3rd Quarter IFTA Tax Filing 2012
4th Quarter IFTA Tax Filing
ABANDONED VEHICLES SERVICE ASSISTANCE
ABANDONED VEHICLES TITLE HELP
AUTO DEALER/AUCTION OUT OF BUSINESS
BILL OF SALE
Bought a Vehicle Online Without a Title
Bought a Vehicle That's Stolen?
BOUGHT A VEHICLE WITHOUT GETTING TITLE
Bought Vehicle From Private Seller and Lost Title
Buying a Vehicle With a Lien on It
Buying and Titling a Rebuilt Motorcycle
CAR TTITLE MISTAKES BY THE SELLER AND THE BUYER
CURBSTONING
Department of Transportation Safety Requirements
DMV Title and Registration Expert
Freight Broker
Heavy Vehicle Usage Tax
IFTA ASSISTANCE/FUEL TAX
IFTA Filing 1st Quarter 2012
IFTA FILING 2012 2ND QUARTER
IFTA FUEL TAX FILING HELP
ILLEGAL DEALERS SELLING VEHICLES ONLINE
INCORRECT INFORMATION ON VEHICLE TITLE
INTERSTATE OPERATING AUTHORITY
INTERSTATE REGISTRATION PLAN (IRP) HELP
IRP Jurisdiction Concerns
LEASING A VEHICLE IN VIRGINIA
LIEN MISTAKES ON AUTO TITLES
Liens on Vehicles & Titles: Part Two
MECHANIC & STORAGE LIEN
Mechanic and Storage Liens
Mistakes on Vehicle Titles
Motor Carrier Permits
Multiple Owners on a Vehicle Title
NON-REPAIRABLE CERTIFICATE
Odometer Discrepancies
OPERATING AUTHORITY
Owner Operator Assistance
SALES TAX ON VEHICLE IN VIRGINIA
Salvage Title and Branding
Selling a Vehicle Without a Title
Selling a Vehicle: Necessary DMV Documents
SERIOUS
SERIOUS AUTO TITLE PROBLEMS
Starting a Trucking Company
Tips to Prepare Your IFTA Quarterly Taxes
Title & Register an Antique Vehicle
TITLE SKIPPING
TITLING A TRAILER
TOW COMPANY WON'T RELEASE VEHICLE
Trucking Citations
Unified Carrier Registration (UCR)
VEHICLE LIENS PART ONE
Vehicle Title Assistance
Vehicle Title Fraud Help
Vehicle Title Services
VIN (Vehicle Identification Number)
VIRGINIA AUTO REGISTRATIONS
When To Title Your Vehicle

Archives

August 2015
May 2015
April 2015
February 2015
January 2015
November 2014
October 2014
March 2014
February 2014
October 2013
August 2013
June 2013
March 2013
January 2013
November 2012
September 2012
August 2012
July 2012
June 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011

powered by

Wisdom & Authority Title Solutions

IFTA TAX FILING 1ST QUARTER 2012








The time to prepare and organize for your IFTA filing 2012 for first quarter is now.  For those who are aware of the importance of IFTA compliance; you know that this is serious business.  The following pointers are reminders to help you through your IFTA situation:


IFTA Filing Preparation Records:

-Log Books
-Fuel Receipts/Fuel Records


What Happens If IFTA Taxes Aren't Filed on Time or At All:

-Late fees and penalties are accrued
-Suspension of IFTA Account
-Will be prohibited from obtaining an IFTA license (even a renewal)
-Will affect your IRP status


Issues that Can Trigger an Audit:

-The usage of multiple log books at one time
-Unrealistic miles from "point A-point B"
-Fuel Receipts/records in jurisdictions but don't have the jurisdictions listed as (miles traveled through)
-Little or no record of fuel receipts



Another area in regards to IFTA filing is the failure to file on time; will have serious financial consequences on the operations of your motor carrier establishment.  For example, due to the length of delinquency, the late fee plus interest can be hefty.  Accordingly, if you take a risk and choose to operate your vehicle without having your IFTA license (due to a suspended account from filing delinquencies) you are taking a big chance of facing citations, audit issues, and or getting shut down by DOT.  In essence your motor carrier livelihood is affected due to the consequences of operating without your IFTA credentials.

Wisdom & Authority Titling Solutions is here to assist you with your IFTA filing needs.  Help is still available to those who are trying to file from 4th quarter 2011 and other past quarters as well.  The longer you wait to file, the more you will have to pay in interest.  If your IFTA matter is overwhelming, I have a solution for you today!  Don't forget, the end of 1st Quarter 2012 ends on March 31!



3 Comments to IFTA TAX FILING 1ST QUARTER 2012:

Comments RSS
Alonzo Izaiah on Friday, January 11, 2013 6:18 AM
This is a significant blog about IFTA TAX FILING 1ST QUARTER 2012. I know so far this is serious business. So, I have come to acquire much knowledge on IFTA TAX FILING by the assist of your blog. Thanks a lot mate for this kind of allotment. Keep it up.
Reply to comment


Shanel White on Friday, January 11, 2013 12:08 PM
Alonzo, thanks for your feedback; it is greatly appreciated. Check back for more information regarding IFTA taxes.
Reply to comment


Shanel White on Monday, January 28, 2013 9:43 AM
You are most welcomed! Feel free to share future comments and even give any concerns that you might have. Check back for future updates.
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment