2nd Quarter Filing: Available Now!

Well July is nearly underway, and along with the warm weather comes the beginning of both HVUT season and the 2nd quarter filing deadline. Trying to remember what needs to be done can be a daunting task, but luckily for you, Truck Services of North America is here.

Below you’ll find everything you need to know about the 2nd quarter deadline, and how we can help!

What Do I Need to File?

For the quarter that just ended, there are several use taxes that are due before the quarter’s filing deadline including:

• NY Highway Use Tax- All vehicles with a gross taxable weight of over 18,000 lbs must file quarterly based on the amount of miles traveled on New York highways during the period. If you only travel through New York on occasion, a temporary trip permit can be obtained, although you cannot use more than 10 temporary permits per year. If you need help acquiring one of these permits, give us a call!
• Oregon Highway Use Tax- Oregon requires all vehicles with a gross taxable weight over 26,000 lbs to pay a weight-mile tax for the amount of mileage traveled on Oregon roads. The higher the weight of the truck, the higher the tax paid per mile is. Vehicles in Oregon also must pay a bond for their vehicle to the Department of Transportation as a guarantee of payment of fees and taxes.
• New Mexico Highway Use Tax- All vehicles with a gross taxable weight of over 26,000 lbs must file quarterly based on the number of miles traveled on New Mexico roads. Each year, companies that operate in New Mexico must obtain a New Mexico Weight Distance Tax Permit for each vehicle that travels on public roads. The tax amount for vehicles varies, as it is graduated and increases as the weight of the vehicle increases. 
• Kentucky Highway Use Tax- The Kentucky highway use tax is determined by the mileage traveled by each heavy truck within the state of Kentucky. The tax is only for vehicles with a taxable gross weight of over 60,000 lbs. (Except for buses and vehicles with farm licenses) Before you can file this tax, you also must have a tax license in Kentucky with a valid KYU number. 
• IFTA Fuel Tax- The lower 48 states and Canadian provinces are all subject to the International Fuel Tax Agreement. The agreement requires all motor carriers that operate in more than one jurisdiction file a quarterly fuel tax report with the mileage traveled and fuel purchased in each state. This helps ensure that the taxes collected are redistributed to the state where the tax is due. 

In addition to the second quarter ending, July 1 is also the beginning of the HVUT renewal season. While there may be a lot going on during the month of July, be sure you don’t forget to file!

When Do I Have to File?

The quarterly deadline for IFTA taxes and weight-mile taxes is on July 31. HVUT season is also underway, and although this tax period runs during the same time as the others, you have until August 31 to file Form 2290 for an HVUT return.

If you were thinking that you’ll just wait until the last minute to get everything done then think again. The longer you wait, the less time you leave yourself in the event of a mistake, and you are more likely to subject yourself to excess fees and late penalties. If you don’t feel like filing or don’t think you’ll be able to find the time to get everything done by the end of the month, then luckily for you, there’s TSNAmerica. We can file your 2290 over the phone with a short 5-minute call!

Let TSNA Help

Between having to file a plethora of things every year, some annually and others quarterly, we know it can be a confusing mess. That’s why at Truck Services of North America we are always up-to-date on the latest trucking regulations. Not only can we answer your questions but we can also help you take care of permit registration, tax filing, and more. All it takes is a quick phone call! You can reach us by phone at 803.386.0320 or you can email us at support@tsnamerica.com.

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Highway Use Tax 2nd Quarter Filing Period Now Open!

2nd Quarter Filing Period for KYU (Kentucky Use Tax), New Mexico Weight Distance Tax, NY HUT (New York Highway Use Tax) and Oregon Weight-Mile Tax is now open.  The deadline to file these returns is July 31, 2013.

Kentucky Use Tax (KYU Number) 

• All commercial motor vehicles (except buses) with a gross weight of 60,000 lbs and over traveling into or through Kentucky must be registered with the state. Carriers with an active KYU Number are then required to file a quarterly return and pay mileage taxes to Kentucky. New qualifying vehicles must be listed with Kentucky prior to the vehicle entering the state. Temporary permits are also available.

New Mexico Weight Distance Tax 

• All commercial motor vehicles with a gross weight in excess of 26,000 lbs. must be registered with the state before traveling into or through New Mexico. Entrance can be paid at the port if not registered; however, it is not cost effective to pay at the port unless you travel through New Mexico only once or twice per year. Once a Weight Distance Tax account in New Mexico is established quarterly reports must be filed and mileage tax paid.  

New York Highway Use Tax (NYHUT) 

• Carriers operating certain commercial motor vehicles that weigh 18,000 lbs or greater in New York are required to register and obtain NYHUT tax credentials. Once a NYHUT account has been established, carriers must file and pay mileage tax on a quarterly basis.

Oregon Weight-Mile Tax 

• All commercial carriers with a gross vehicle weight in excess of 26,001 lbs. must obtain a temporary or annual permit to travel into or through Oregon. Oregon does not belong to the International Fuel Tax Agreement; however, a proper tax permit must be obtained before entering this state. Heavy fines are imposed on carriers entering into Oregon without the proper credentials. 
• Oregon requires all new entrants to become bonded before permanent credentials are issued. Bonds may be placed by a Surety Company or posted with cash. The size of your fleet will determine the amount of the bond required.

As a premier processing agency, Truck Services of North America can assist with your NY HUT, KYU, New Mexico and Oregon Weight Distance Taxes.  We can help you obtain the necessary credentials and file your quarterly returns for you. TSNA takes the paperwork out of your way. Check out all our services at TSNAmerica.com and fill out the Service Request Form, email us at support@TSNAmerica.com or call 803.386.0320.

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Get Prepared For Highway Use Tax Returns

June is the final month of the 2nd Quarter for Highway Use Tax.  Kentucky, New Mexico, New York & Oregon all require a use tax license if you operate in that state. Each license requires a quarterly return must be filed.  The 2nd Quarter Return filing deadline is July 31, 2013.

Kentucky Use Tax (KYU Number) 

• All commercial motor vehicles (except buses) with a gross weight of 60,000 lbs and over traveling into or through Kentucky must be registered with the state. Carriers with an active KYU Number are then required to file a quarterly return and pay mileage taxes to Kentucky. New qualifying vehicles must be listed with Kentucky prior to the vehicle entering the state. Temporary permits are also available.

New Mexico Weight Distance Tax 

• All commercial motor vehicles with a gross weight in excess of 26,000 lbs. must be registered with the state before traveling into or through New Mexico. Entrance can be paid at the port if not registered; however, it is not cost effective to pay at the port unless you travel through New Mexico only once or twice per year. Once a Weight Distance Tax account in New Mexico is established quarterly reports must be filed and mileage tax paid.  

New York Highway Use Tax (NYHUT) 

• Carriers operating certain commercial motor vehicles that weigh 18,000 lbs or greater in New York are required to register and obtain NYHUT tax credentials. Once a NYHUT account has been established, carriers must file and pay mileage tax on a quarterly basis.  

Oregon Weight-Mile Tax 

• All commercial carriers with a gross vehicle weight in excess of 26,001 lbs. must obtain a temporary or annual permit to travel into or through Oregon. Oregon does not belong to the International Fuel Tax Agreement; however, a proper tax permit must be obtained before entering this state. Heavy fines are imposed on carriers entering into Oregon without the proper credentials. 
• Oregon requires all new entrants to become bonded before permanent credentials are issued. Bonds may be placed by a Surety Company or posted with cash. The size of your fleet will determine the amount of the bond required.

As a premier processing agency, Truck Services of North America can assist with your KYU, New Mexico, NY HUT, and Oregon Weight Distance Taxes.  We also handle IFTA, (International Fuel Tax Returns). TSNA takes the paperwork out of you.  Check out all our services at TSNAmerica.com and fill out the Service Request Form, email us at support@TSNAmerica.com or call 803.386.0320.

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