Before IFTA, commercial or passenger vehicles with 3 or more axles, or over 26,000 pounds, had to obtain permits for every border crossed. This was labor intensive and costly, as fines could be imposed.
IFTA benefits drivers in many ways including one license covering all jurisdictions, a single quarterly tax form filed with a base jurisdiction, and home state audits.
While IFTA has simplified the process of reporting fuel, many challenges still face drivers today. Filing and submitting quarterly taxes, tracking miles, adding fuel purchases, calculating fuel used per state, and calculating taxes owed per jurisdiction all must be completed to fulfill IFTA requirements.
Finding time to complete the extensive fuel tax checklist can be very difficult and expensive if not done properly. Many solutions to managing your IFTA compliance are slow, unreliable and incomplete.