In recent years many of us can look back a decade or less when our lives were simplified with the help of app technology for mobile devices or cloud-based tools. There have been countless swings in the innovative technology that helps with time efficiency in both our personal and professional lives. However, in the professional aspect the argument could be made that the commercial and industrial sector of businesses might be lacking in tech savvy tools.
Everyone involved in the world of commercial trucking is familiar with the term IFTA (International Fuel Tax Agreement), but not everyone knows why IFTA exists and what its intended functions are. IFTA is an agreement between the majority of U.S. states and the majority of Canadian provinces designed to simplify the way that commercial truck or bus drivers who travel through multiple tax jurisdictions report the taxes on the fuel they purchase.