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Thursday, July 14, 2016

Want to Avoid an IFTA Audit? Avoid These Errors!

Alright, Trucking Nation. The 2nd Quarter IFTA deadline is getting closer and closer, and we need to focus on avoiding an audit.

We’re gonna take this step by step, and focus on the heavy hitters.

The following are some of the red flags IFTA auditors keep their eyes out for:

Non-continuous Jurisdictions


Alright, this is kind of obvious, but it happens. Your trip logs must show continuity from your starting point to your destination. That includes every district in between.

There’s no way your vehicle began in New Jersey and then suddenly shows up in Ohio. Make this kind of error, and an auditor will be knocking on your door in no time.

Gaps in Mileage


If your end of day trip logs don’t match up with the beginning of the next day, you got yourself a mileage gap.

This usually happens because drivers don’t realize that their personal or leased miles must also be included on the trip logs.

Over-simplified Fuel Calculations


When reporting fuel, it is not acceptable to divide your miles traveled by a predetermined Miles Per Gallon estimate as MPG will naturally fluctuate. The precise fuel use and mileage must be recorded.

Skewed MPG


If your average MPG has drastic variations from one quarter to the next, without a legitimate reason such as differing road conditions, varying weights of the loads carried, etc, an audit could be triggered.

Excessively High/Low MPG


The average MPG for a heavy vehicle is between 5-10 MPG.

If your MPG falls outside of this range, you probably made an error in calculations.

The tough part is, some states won’t let you file your IFTA return until your MPG is within that acceptable range.

However—even if you avoid these obvious errors—you can still be chosen at random for auditing.

If you feel your IFTA return is too complicated, or you don’t have time to dedicate to it, contact one of the dedicated specialists at Truck Services of North America. We not only calculate the tax amount due and prepare the return based on the information provided to us, we also file it directly with the state.

Give us a call at 803.386.0320 or fill out our service request form today!


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Friday, July 1, 2016

HVUT Refunds: Form 8849

Congrats, you!


You finally got out of the old hunker of a rig, and now you drive a brand new shiny truck that’s from this century.


But you paid your 2290 for the truck before you sold it and now you’re out $500.


Well what if I told you could get that money back? Some may call it magic, others call TSNAmerica.


When we file a Form 8849 on your behalf for your sold/destroyed/stolen vehicle, we’ll help you get your paid 2290 tax fee back.


Unsure? Let me give you some background on the form and how we can do it.


Form 8849


To put it simply, Form 8849 is designed to let the IRS know that you’ve sold your truck, or that it was destroyed or stolen and the taxes you paid on it should be returned for it that you need back.


Your previous truck is considered exempt, so that tax money should come back to you.


How Does That Work?


That’s simple too! To get money back with Form 8849, just give TSNAmerica a call.


Be ready to provide us with your correct name and address ready, also your EIN, the vehicle’s information, and when it was sold/destroyed/stolen. Then let us do the rest.  


One More Time for Clarity


Your sold, stolen, or destroyed vehicle is worth money if you paid your HVUT Form 2290 before selling it.  


All you need to do to get a refund back on the taxes for that truck is to give us a call and let us help you.


So what are you waiting for? Pick up the phone and call TSNAmerica at 803.386.0320. We’ll be glad to help you get the money back that you deserve.

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