Top 5 Common Mistakes When Renewing Your IFTA License and How to Avoid Them
IFTA license renewal is the most crucial for fleet owners and truckers, as it ensures smooth interstate operations and compliance with the International Fuel Tax Agreement. Many business owners and drivers unknowingly commit avoidable mistakes in processing an IFTA renewal application . These blunders can pave the way for penalties, delays, and operational complications. To keep things rolling, here are the top five mistakes and what to avoid: 1. Missed Renewal Deadline The IFTA license has renewal processes, and of course, deadlines are involved. In the event you miss the deadline, you will incur suspension, fines, or even be shut down. How to Avoid This: You should mark the renewal dates on your calendar and make reminders. Since a few states allow online submission, you can get it done early. 2. Incomplete IFTA Renewal Application Another big mistake is submitting an incomplete or inaccurate application. Undisclosed information or wrong information can cause dela...