March Newsletter

Deadlines

Business Taxes.......................................................March 15, 2022

Arkansas Annual Carrier Report ..........................March 31, 2022

Tags beginning with E and F expire...................... March 31, 2022

Annual renewal INC or LLC....................................... April 1, 2022

Personal Taxes..........................................................April 15, 2022

Fuel Taxes

Keep in mind that your fuel taxes need to be on file

through 4th quarter 2021 in order to receive 2022 IFTAs.

If you run in the state of Arkansas in 2021, an annual carrier report will need

to be filed by March 31, 2022.

Make sure to continue keeping track of your fuel and mileage for 1st quarter 2022 which

covers January 1st – March 31st.

MCS 150 Update

In accordance with FMCSA MCS-150 regulation 49 CFR Part §390.19, every two

years all motor carriers are required to update their MCS-150 information with the

FMCSA. This update must be completed in the appropriate month, every even or odd

year, based on your DOT#, even if your information has not changed, and regardless of

when you last updated.

Failure to complete a biennial update in your assigned month may cause deactivation of

your USDOT number and could result in civil penalties of up to $1,000 per day (not to

exceed $10,000).

If your USDOT number ends with the number 3, your MCS-150 may need to be updated.

If the 3 is preceded by an even number, you must renew by the end of March this year.

If the 3 is preceded by an odd number, you are not due for an update until March of

next year.

CORPORATIONS

If you have an INC or LLC, your annual renewal will need to be filed by April 1st. If your

corporation is based in Georgia, the renewal fee is $100. Please contact a corporations

representative for pricing for other states.

PERMITS

If your trucks cross state lines....

Companies need to have the 2022 IFTA stickers (red) on your truck as the grace

period for running on 2021 (green) stickers has ended. Keep in mind that your fuel taxes

through 4th quarter 2022 need to be on file in order to receive 2023 IFTAs. If you will not

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. Otherwise, you will be

responsible for tax liabilities from the state – even after your business is closed.

FUEL TAXES

If you have an IFTA account...

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.

Drug and Alcohol Clearing House

Drug and Alcohol Clearing House:

January 6, 2022 was the mandatory effective date for the use of the Clearinghouse

mandated by Congress to report and query information about driver drug and alcohol

program violations. Employers must conduct both electronic queries within the

Clearinghouse and manual inquiries with previous employers to cover the preceding three

years. The Clearinghouse will improve highway safety by helping employers, FMCSA,

State Driver Licensing Agencies, and State law enforcement to quickly and efficiently

identify drivers who are not legally permitted to operate commercial motor vehicles

(CMVs) due to drug and alcohol program violations. This secure online database will

provide access to real-time information, ensuring that drivers committing these violations

complete the necessary steps before getting back behind the wheel, or performing any

other safety-sensitive function. Get News and Updates about the Clearinghouse by

visiting the following weblink https://clearinghouse.fmcsa.dot.gov/ .

The Financial Integrity Group | info@tfig.org |

877-233-9014 | www.tfig.org