Nevada IFTA Information
Located in the western part of the United States is Nevada, otherwise known as “The Battle Born State” that currently has a population of nearly 3 million people. In Nevada you have to submit an application the Department of Motor Vehicles to receive an IFTA license. Under the Hurricane Sandy Waiver, Nevada does not charge for applications or decals.
State Requirements IFTA Nevada Licensing
Welcome to the exciting world of professional trucking! Without you, Americans would not enjoy the convenience of having everything we want and when we want it. As a new trucker, one of the first things you’ll want to do is learn about the International Fuel Tax Agreement and how it applies to you. Some of the basic IFTA Nevada requirements are shown below.
Nevada is your base jurisdiction if your business is based in the state and all operational controls and records are maintained and can be made available to the state. Your vehicle(s) should meet the following qualifications:
- Qualifying vehicles are those that are designed, used, or maintained for transporting people or property, and/or
- Has two or more axles and a GVW or registered weight over 26,000 pounds, and/or
- Has three or more axles regardless of weight, and/or
- Has a combination GVW exceeding 26,000 pounds.
The International Fuel Tax agreement was created to provide a more efficient method of reporting and disbursing fuel taxes among the jurisdictions. Drivers are required to report fuel purchases and usage to their base jurisdiction on a quarterly basis. The IFTA quarterly due dates are:
Quarterly IFTA Due Dates
|Q1 January – March||April 30|
|Q2 April – June||July 31|
|Q3 July – September||October 31|
|Q4 October – December||January 31|
To avoid fines or penalties, you must file quarterly taxes before the due date. Delinquency can result in a $50 fine or 10% of the total tax liability — whichever is greater. It can also interfere with the renewal of your IFTA license.
Renewing Your Nevada IFTA License
A Nevada IFTA license is issued for one year, from January 1st to December 31st. Before your license can be approved for renewal, you must be up-to-date with all IFTA tax payments and reports. To avoid delays in receiving your renewal, you must submit the application before November 30th. The IFTA allows a grace period through to the end of February to compensate for any unforeseen delays. However, the grace period does not apply unless you have submitted your application before the deadline.
You’ll receive a license and two IFtA decals. A copy of the license must be carried in the cab of each vehicle. Also, an IFTA decal must be displayed on the exterior of the vehicle’s cab, one on each side. If the decals are destroyed or stolen, you can apply for an IFTA sticker replacement.
We understand that you would prefer to spend your valuable time driving instead of keeping up with forms and reports for several hours a day. That’s why TruckingOffice will be the solution you’re looking for to help you get organized and save time and money.
How TruckingOffice Can Help
Our program makes it easier to meet IFTA deadlines and simplifies your recordkeeping. All of your invoices, fuel tax purchases, mileage, dispatches, vehicle maintenance, and more are tracked and managed by the latest technology. Your miles are calculated automatically using PC*Miler. Plus, you’ll be able to access your information anytime from any computer. Our goal is to give you more time to drive and grow your business. Call today to find out more. One of our experts will be happy to talk with you about our services.