How does the IFTA tax work? You file the quarterly report with all the miles driven and fuel used for all states. Then the program redistributes paid taxes from collecting states to states that it is due and calculates tax due or tax refund. How to calculate your quarterly IFTA report? Th...
How does the IFTA tax work? You file the quarterly report with all the miles driven and fuel used for all states. Then the program redistributes paid taxes from collecting states to states that it is due and calculates tax due or tax refund. How to calculate your quarterly IFTA report? Th...
3. Bulk Fuel Storage If you have a bulk fuel storage facility, you can obtain credit for tax paid on fuel withdrawn from that facility if you maintain the following records: location of the bulk storage facility from which withdrawals are made quarterly inventory reconciliations for each storage...