I am hoping to get some help with some ifta questions. When we are running 'not for hire" do we still need to track ifta? What about when we are returning empty? I appreciate any advice. We are a brand new company running hotshot with a 40' flatbed.
IFTA Questions
Discussion in 'Ask An Owner Operator' started by Redhawkhauling, Feb 24, 2024.
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If you have a DOT/MC # on your truck you can’t run “Not for hire”. You’re a carrier involved in interstate commerce, loaded or empty.
All your miles are taxed. -
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I can’t imagine hot shot companies cutting corners, especially when their info is written on their back door windows in window paint. I imagine a lot of them get a rude awakening when it’s time for their new entrant audit.Opendeckin, Siinman, Concorde and 3 others Thank this.
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Not for hire means not for hire...ever. It isn't a status you jump in and out of.Grumppy Thanks this.
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Read carefully what I am going to type - THERE IS NO SUCH THING AS NOT FOR HIRE.
If you are running with apportioned plates, you are going to account for every mile driven in each state. -
Your going to pay fuel tax regardless (unless you are burning off-road), so there really is no "IFTA" tax. All IFTA does is proportion the fuel tax that you pay when you buy fuel in one state and not another, based on your overall mpg and miles run in each state, and send a credit from states where you bought more than needed to states where you bought less than needed.
gokiddogo, m16ty, Siinman and 1 other person Thank this. -
As someone who filed individual fuel tax reports pre-ifta figuring miles using the HHG mileage tables; the current online IFTA if simple and easy.
Anyone else remember the doors full of decals and the line of license plates, waffle plate, etc. on the front bumper?
By obtaining aportioned plates you agree to aportion fuel tax for all miles and galions.larry2903, Siinman, Concorde and 1 other person Thank this. -
I do. IFTA and IRP are much better than the way we used to do it.larry2903, Siinman, Concorde and 1 other person Thank this.
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Bingo cards were a pain in the ###...
larry2903, Siinman, Concorde and 1 other person Thank this.
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