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MC Number And DOT Number: Know the Difference Between Them

October 2, 2020 by admin0Dot NumberMC AuthorityUSDOT Number

Dot Number and Motor Carrier (MC) Numbers are prerequisites to starting your own trucking company. However, most people find these two regulations too complex to understand. They are unable to figure out if their company needs one, both, or none as getting something that we don’t need can waste our money. If you’re also trying to determine what you really need, you need to follow these general rules:

  • For interstate commerce, you need both the DOT Number and the MC Number.
  • For intrastate commerce, you need only a DOT Number.
  • To haul your own property or construction equipment, you need only a DOT Number.
  • To haul someone else’s property while working for hire, you need DOT as well as MC Number.

What is a DOT Number?

A DOT Number serves as a driver’s license for your trucking company. It is often used to verify that you’re commercially using a vehicle to haul your own products or move equipment with a qualified CMV.

What is an MC Number?

MC Number or operating authority is required if you are planning to work-for-hire in interstate commerce or haul hazardous products.

The MC Number is more expensive as compared to the DOT Number.

There are various types of trucking authority, including:
  • Motor Carrier of Household Goods
  • Motor Carrier of Property
  • Broker of Household Goods
  • Broker of Property

Since FMSCA doesn’t offer refunds in case you apply for the wrong authority type, it may cost you a lot. So, you must consult with experts to figure out the kind of authority you require.

Final Words

Not knowing the differences between DOT and MC can trouble your trucking company. A plethora of rules and exceptions make it hard for owners to determine whether to get a USDOT Number, an MC Number, or both.

If you want to get rid of your doubts and get these numbers, approach the experts of Global Multi Services. We can help you get what your business needs and save your money significantly.

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What is the International Fuel Tax Agreement (IFTA)?

October 2, 2020 by admin0IFTA DecalIFTA Fuel Tax ReturnsIFTA PermitIFTA ProgramTemporary IFTA Permit

IFTA is a pact among 48 US states and some Canadian provinces that demand interstate motor carriers to report fuel taxes. For example, you may purchase fuel in Omaha, but haul in bulk in Atlanta, and both of these states have different fuel taxes. To balance these costs, IFTA considers what you actually paid for in taxes compared to the state where you haul in bulk. Precisely, where you buy your fuel doesn’t mean that you pay taxes for that. These taxes are distributed evenly to each state where needed.

How Does International Fuel Tax Agreement Work?

IFTA requires you to quarterly file reports to demonstrate the taxes you paid and the taxes you should have paid. In reports, you need to show the number of miles driven and the quantity of fuel purchased in each state. Since each state collects different taxes, the cost of your taxes is determined by the miles you cover in each state instead of just paying the tax from where you purchase the fuel.

You can easily get these numbers as your electronic logging devices tracks all the information required in an IFTA report. Besides, your fuel card includes where and when you purchased your fuel. Thus, you can accurately do the paperwork, which varies from state to state.

Once you submit the report, you may have to pay more taxes or get a tax return.

Get Your IFTA Reports Done and Save Money

At Global Multi Services, we intelligently take care of everything you need to keep your company compliant right from getting the operating authority to obtaining permits. If you want to file your IFTA tax returns accurately and save yourself from hefty fines, approach our experts without any second thought. We will leave no stone unturned to provide you the best services and save your time as well as money.

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