FuelCred: For Fuel Tax Refunds 1.17.0

FuelCred is a fuel savings solution that offers businesses the opportunity to save up to 40% on fuel expenses, without the inconvenience of ads, gas cards, or gas program subscriptions.

When purchasing fuel at the pump, you pay a federal tax of approximately 20 cents per gallon. However, if you use fuel in off-road equipment, such as a lawnmower for your landscaping business, this tax is 100% refundable!

FuelCred simplifies the process of claiming your fuel tax refund by automating it. On average, FuelCred users receive an annual refund of about $600. Regardless of the size of your business, all businesses are eligible for this benefit.

By using FuelCred, you won't be missing out on free money. Download the FuelCred app today to start maximizing your savings.

How It Works:

1. Utilize the "Find Cheap Fuel" feature to access real-time information on the lowest gas and diesel prices available.
2. FuelCred determines which gas stations offer the best prices based on projected tax savings derived from your previous fuel usage.
3. FuelCred keeps track of your fuel tax refund and generates the refund form automatically at year-end, enabling you to claim your refund efficiently.

Features:

• Automatically identifies and monitors fuel purchases made using your business or personal credit card.
• Fetches local gas prices and provides recommendations for the most suitable options by analyzing your past fuel transactions.
• Tracks current regional gas and diesel prices as well as fuel price trends.
• Allows you to compare your fuel usage and tax refunds with previous years.
• Automatically generates the IRS fuel refund form for both 2019 and 2020, facilitating the process of obtaining your refund.

Disclaimer: Service Station and Fuel Price Data provided by OPIS (Oil Price Information Service)

For more information, please refer to our Terms of Use.