Automated Fuel Tax Reporting
IFTA was created to simplify the fuel tax reporting system and eliminate the need for separate permits. While IFTA has been successful, it hasn’t come without challenges. From deciphering driver handwriting to completing extensive paperwork, for many fleets, IFTA compliance is a time-intensive chore. What’s more, IFTA jurisdictions require audits of 3% of IFTA accounts, and penalties can include a fine plus interest, so getting it wrong can mean facing an audit and jeopardizing profit.