IFTA Reporting with ES Advantage
Filing quarterly International Fuel Tax Agreement, otherwise known as IFTA reports, is a much easier process than it used to be and thanks to modern fleet tools, like telematics and the ES Advantage app, tracking your fuel and miles has never been easier. As we get closer to the end of Q2, we wanted to provide some helpful information and announce a new offering to the ever-growing ES Advantage community.
2023 IFTA Deadlines
As you may already know, IFTA operates on a strict system of quarterly deadlines – or every three months. Reporting is due on the final day of the month following the end of each quarter. Should that day fall on a weekend, reports are due the next business day.
Deadlines for 2023 are as follows:
- Q1 – May 1, 2023
- Q2 – July 31st, 2023
- Q3 – October 31, 2023
- Q4 – January 31, 2024
While filings can be done via paper, most fleet owners and owner-operators these days opt to e-file their reports, simply because it saves time and energy.
Leveraging Technology to File Your IFTA Reports
If you operate state to state, you are required to file an IFTA report each quarter – there is no way around it and there are no shortcuts. You will be required to submit an application for each state that you run through and obtain an IFTA sticker. Each state has a slightly different process, so be sure to take your time when filling out each application so you do not miss important steps.
Once you have your license and decal, you will be required to file detailed fuel and mileage for each state you operate within each quarter. Tracking should start and stop as you cross state or provincial lines.
While this might sound like a daunting task, technology can help you streamline the process. Modern telematics and GPS eliminate the need for paper tracking. Most telematics providers have IFTA reporting tools to help you pull the data you need to accurately track your mileage.
The other half of the equation is fuel. Digital fuel cards are gaining popularity because they automatically track every transaction at the pump. Instead of holding onto paper receipts and hoping you don’t misplace one, you will always have a detailed purchase history at your fingertips.
IFTA Reporting Through ES Advantage
At ES Advantage, our goal is to provide you with the best tools available to run your business. We now offer our community members two ways to manage their IFTA reporting.
For the past couple years we have provided reports for a self-reporting process. With the click of a few buttons, you have the information you need to manually calculate your IFTA fuel tax each quarter.
Additionally, we now offer full service IFTA reporting for $20/month per truck. By outsourcing the process with our ES Advantage vendor network partner, you can save time each quarter, ensure that your reporting is audit-proof, and streamline the entire process.
If you’re interested in our new IFTA reporting service, contact the ES Advantage team at 888-585-2551.
To learn more about all the ES Advantages, connect with our team and start saving today.
