No one likes to receive notice of an IFTA audit. The International Fuel Tax Agreement (IFTA) is for motor carriers operating in interstate commerce (crossing state lines) with a combined gross vehicle weight rating (GVWR) over 26,000 pounds. The agreement […]
One of the major sources for highway funding comes from taxes levied on fuel. Diesel fuel is taxed by the federal government at 24.4 cents per gallon. Each state adds to that tax but at differing amounts. State taxes on […]
The American Trucking Associations released its annual forward-looking analysis of the trucking industry July 19.