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Are there penalties for traveling without valid IFTA credentials or a fuel trip permit? Yes. If you travel in an IFTA jurisdiction without valid IFTA credentials or a fuel trip permit, you may be subject to a penalty, fine or citation, depending on the jurisdiction's laws. When are IFTA reports due? Jan 07, 2017 · I made a spreadsheet to do ifta but in the end it is really just redundant and opens up a great possibility to forget to add the info into it.. I mean, I write the miles on paper as I cross each state line and then at the end of the trip I calculate the miles for each state. IFTA SOFTWARE OPTIMIZE YOUR FUEL EFFICIENCY. Take the pain out of recording and submitting one of your company’s largest expense, toughest compliance and most time-consuming reporting with our fully integrated IFTA fuel tax software that saves unprecedented time and company resources. The responsible party should obtain the IFTA license and file quarterly taxes. No matter who obtains the IFTA license, the driver of an IFTA-licensed vehicle must carry a copy of the license and the vehicle must display IFTA decals. We also recommend that a copy of the lease agreement be kept in the vehicle's cab.