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 [...]
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.
Carriers who have previously or are currently registered with the state of New York's Highway Use Tax (HUT) and who reside out of state have started to receive notices in the mail in regards to a court settlement. This notice says that the New York State will issue refund cheques to out of state [...]
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 [...]
In 2011 Ontario introduced a license plate fee hike that would gradually raise the price of Ontario plates a “modest” 70% […]
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 [...]
If the heat didn’t give it away the calendar does, it’s summer time! Along with pleasant thoughts of vacations, going to the beach or cottage also comes the unpleasant thought of taxes. Yes with summer also comes Heavy Vehicle Use Tax or Form 2290 filing. […]
IRS Form 2290 Heavy Vehicle Use Tax Now Due Starting today November 1, 2011 you can begin to file your IRS Form 2290 Heavy Vehicle Use Taxes (HVUT). You have until November 30th 2011 to file and remit payment, after this date carriers will be assessed fines and penalties. All carriers that [...]
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 [...]
