January Newsletter From TFIG!

Our office will be closed Jan 1st

Happy New Year! Please carefully review the news below to be sure you are in compliance for 2018.

USPS TRACKING If you would like us to add a tracking number to the mail we send out to you, there will be a $4.00 additional charge per envelope. It seems especially around the holidays that there are many delays with mail and this will allow you to track your packages once they are sent out - https://www.usps.com/ .

PERMITS

Permits for New Mexico, Oregon, IFTAs and UCR expired December 31 ^st . You only need permits for New Mexico and Oregon if you are running through those states; otherwise, UCR and IFTAs are all you will need to renew to continue crossing state lines. If you have not already renewed these, you are not in compliance with DOT and may be susceptible to a fine. Please see the attached letter on the grace period for IFTA stickers.

If you will be renewing your IFTA stickers, keep in mind that your fuel taxes through 3 ^rd quarter 2017 need to be on file in order to receive 2018 IFTAs. If you won’t be running out of state or if you plan on shutting down your business, please contact a fuel tax representative to ensure everything is filed correctly.

Remember that our permit specialists here at TFIG can also help you in getting your trip, fuel, oversized and overweight permits. We will review details of your load to ensure that you meet each state’s requirements for safe traveling.

FUEL TAXES

Effective January 1, 2018 the state is requiring all IFTA applications be submitted electronically. There will be a 5-7 business days for processing. The state will mail your IFTA stickers to you once it is processed. Your fuel taxes for 4 ^th quarter 2017 are due to the state by January 31 ^st . Our office will need your trip sheets or log books with fuel receipts for October 1 ^st – December 31 ^st 2017. Your paperwork must be in our office by January 16 ^th to avoid late penalties.

If fuel taxes are filed after January 31 ^st , the state will charge a $50 late penalty or 10% of what is owed, whichever amount is greater. Keep in mind that an additional 1% of your total owed is applied to every month your fuel taxes are late!

You may send your information via fax, email or mail. When sending your fuel tax information through fax or email, please call us to be sure we did receive it.

Fax: 770-228-4242

Email: fueltaxes@tfig.org

Mail: PO Box 1455, Griffin, GA 30224

Overnight: 410 East Taylor Street, Suite G, Griffin, GA 30223

If you have an IFTA account and did not run in 4 ^th quarter, we will still need a statement from you to file a zero return to the states on your behalf. Our fuel tax processing fee is $65 for the first truck/driver and $30 for each additional truck/driver per quarter. If the documents submitted are not organized, there will be an additional $25 charge per truck/driver. The processing fee for a zero return is $45.

ACCOUNTING

Need help preparing your 1099s and W2s? We can do them for you! Don’t forget that payroll quarterly taxes are due on January 31st and 1099 deadline is January 12th. We can also process your personal and business taxes for you. Business taxes are due by March 31 ^st . We offer specialized bookkeeping and accounting services to keep your business records on track. Call our accounting department today at 770-233-6098.

REGISTRATION

Tags beginning with A and B expire January 31 ^st . Those of you with tags beginning with C or D should send us your paperwork now to avoid late filing penalties. If your tag begins with E or F , the IRP office is requesting that your renewal paperwork be turned in by January 15 ^th . Our tag work processing fee begins at $76.

CORPORATIONS

If you have an INC or LLC, your annual renewal will need to be filed by March 31 ^st . If your corporation is based in Georgia, the renewal fee is $100. Please contact a corporations representative for pricing for other states.

OTHER SERVICES

DOT COMPLIANCE

The Department of Transportation requires that all drivers operating vehicles of 26,000 pounds or more be enrolled in a drug and alcohol consortium. Our office covers the drug testing costs for you; so you don’t need to worry about any additional fees.

TEMPORARY PERMITS

Our permit specialists here at TFIG can help in getting your trip, fuel, oversized and overweight permits. We will review details of your load to ensure that you meet each state’s requirements for safe and compliant traveling.

LOG AUDITING

We also offer a log auditing service for just $15 a month per driver. We will review your driver’s logs to ensure they are properly documented.

The Financial Integrity Group | info@tfig.org | 877-233-9014 | www.tfig.org