Truckers, only 8 days remain until IFTA 1st Quarter 2013 comes to a close! This post will serve as a reminder that IFTA filing for first quarter is drawing near, as well as how to prepare for filing and other miscellaneous items to take into consideration. For those who are new to IFTA tax filing, the information you are about to read will help you to digest important factors that goes into IFTA filing and for those who are used to IFTA and may even be facing some challenges; now is the time to stay in compliance or get a new start as well.
IFTA 1st Quarter Tax Deadline:
IFTA 1st Quarter ends on March 31, however the deadline to file 1st Quarter's taxes ends on April 30. As a reminder, if you don't file your 1st quarter IFTA taxes by April 30, you will face late charges, and interest/penalties.
How to Prepare For Filing:
Staying on top of your IFTA tax filing from the beginning makes the preparation process much easier for the trucker and the IFTA tax preparer. Tips to consider are:
Miscellaneous Items to Take into Consideration:
Wisdom & Authority Title Solutions is committed to helping you stay in motor carrier compliance. Motor Carrier tax matters can be complex and extremely frustrating for truckers, so whether your tax matter is mild, basic or complex, we can help. If your taxes are late by one quarter or seriously delinquent, help is available for that as well.