New York fuel tax exemptions may have hidden consequences

Tax exempt fuel from New York may cost carriers in the long run. Drivers who purchased fuel from the state of New York may be in for a nasty surprise. The fuel tax suspension ran for seven months last year from June 1- December 31, 2022 was lifted January 2023. Basically distributers were required [...]

2023-10-25T20:16:45+00:00October 25th, 2023|Taxes|

The pitfalls of duty free fuel when IFTA comes due

This past quarter my company saw a dramatic increase in fuel purchases done on Indian Reserves and at Duty Free Shops. You might wonder why is this news worthy, well it directly ties in with every carrier’s IFTA tax liability at the end of the quarter. Generally speaking, higher then normal tax liability that can have my customer gasp when they receive their IFTA tax bill.

2022-12-08T20:33:40+00:00November 28th, 2022|Fuel Taxes, Money saving ideas, Taxes, trucking|

NY Highway Use Tax Certificates of Registration are expiring

New York recently announced that the current Series 21 Highway Use Tax Certificates of Registration and decals will expire December 31, 2015. Carriers will have to renew their Highway Use Tax Certificates of Registration before the end of the year. New York will issue renewals later this year. What is HUT The state of [...]

2016-11-14T18:45:49+00:00February 4th, 2015|Taxes, Tid bits, trucking, United States|

New York Highway Use Tax Renewals

New York Highway Use Tax Renewals now here. New York State Thruway shield (Photo credit: Wikipedia) The State of New York is reminding carriers that the Series 20 Highway Use Tax (HUT) and Automotive Fuel Carrier (AFC) registrations will expire on December 31, 2012.  Carriers who operate in the State of New [...]

2016-11-14T18:46:00+00:00October 3rd, 2012|Taxes, United States|

Are Heavy Vehicle Use Tax Fees Going Up?

Are Heavy Vehicle Use Tax Fees Going Up? A comment on our blog suggested that Heavy Vehicle Use Tax fees might be increasing. I looked up the information and sure enough it does appear that at the very least it is being taken into consideration. Proposed rules under the Safe and Efficient Transportation Act [...]

2016-11-14T18:46:13+00:00July 28th, 2011|Taxes|
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