Missing fuel receipts
Without receipts, fuel tax paid at the pump may not be credited on your return.
IFTA · INTERSTATE FUEL TAX · QUARTERLY
IFTA filed quarterly.Miles and fuel matched.
For interstate carriers, we organize mileage and fuel records by jurisdiction and prepare your quarterly IFTA return, so the fuel tax you paid at the pump is credited and what you owe is right.
QuarterlyIFTA returns prepared
By jurisdictionmiles and gallons
Nationwideinterstate carriers
Sound familiar?
Every mile is taxed somewhere.IFTA sorts out where.
Miles that do not add up
Jurisdiction miles and fleet MPG have to make sense against your trips and fuel purchases.
Audit exposure
IFTA audits review trip records, and gaps in mileage records can lead to assessments.
What’s included
Your IFTA file.
The same office prepares your returns, payroll and sales tax, so the work is built for the filings that come after it.
Quarterly IFTA returns
Taxable miles and gallons reported by jurisdiction every quarter.
Mileage organization
Trip, ELD or GPS mileage sorted by state and province.
Fuel receipt reconciliation
Fuel purchases matched to receipts so tax-paid gallons are credited.
Fleet MPG review
We check average miles per gallon for reasonableness before filing.
Quarters with no travel
Returns filed even in quarters with no qualifying miles, as IFTA requires.
Record keeping
Mileage and fuel records organized and kept in your client file for audit.
How it works
From first call to done.
- Step 1Share your recordsSend ELD or trip reports and fuel receipts or fuel card statements.
- Step 2We reconcileMiles and gallons are totaled by jurisdiction and checked against each other.
- Step 3Review and fileYou approve the return and we file it with your base jurisdiction.
- Step 4Calendar keptNext quarter’s due date and records are tracked in your file.
The Ozfield difference
One office for your fleet.Taxes, books and coverage.
Most people use one company for taxes, another for books and a third for insurance. With Ozfield, one team sees it all, so nothing gets lost between offices.
Trucking industryBookkeeping set up for fuel, tolls, repairs and driver pay.Heavy vehicle use taxForm 2290 and Schedule 1 filed from the same fleet records.Trucking insuranceTruck coverage shopped by our agency, in the same office as your tax file.Safety servicesCompliance calendars that line up with your IFTA quarters.
Mr. Orkun and his team are very professional. I highly recommend this place for insurance and tax returns.
FAQs
Good questions.
Something else on your mind? Call 773-536-9272 and our office will walk you through it.
Who needs an IFTA license?
Carriers operating qualified motor vehicles in more than one IFTA jurisdiction. Generally that means two axles and over 26,000 pounds, three or more axles, or a combination over 26,000 pounds.
When are IFTA returns due?
Quarterly, on April 30, July 31, October 31 and January 31.
Do I file if I did not drive?
Yes. An IFTA licensee files a return every quarter, even one with no miles or fuel to report.
Where do Illinois carriers file?
Illinois-based carriers file IFTA returns with the Illinois Department of Revenue, which also issues the annual license and decals.
How long should I keep records?
IFTA requires mileage and fuel records to be kept for four years from the return due date or filing date, whichever is later.
Quarter closing soon?
Send your miles and fuel receipts, and we will build the return from them.