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What is Fuel Tax Reporting Software?

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    Function

    • Fuel tax reporting software keeps track of business activities and tax liabilities of trucking companies and private fleets. Using this software not only enables you to produce reports, but it will also prepare you for audits and filing taxes.

    Features

    • Fuel tax reporting software can calculate business activities such as the fuel you purchased and the distance you drove. Fuel tax reporting software can also calculate International Fuel Tax Agreement (IFTA) miles and taxes. IFTA is a contract between states and Canadian provinces. IFTA's objective is to streamline the reporting of fuel taxes by interjurisdictional vehicle carriers. Fuel tax reporting software can also produce detailed reports.

    Benefits

    • You can rely on fuel tax reporting software to provide the latest fuel tax rates. This is because the software automatically downloads the most current tax rates.

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