TAX AND
RECOVERY SAVINGS
Our ability to decrease our clients’ tax related expenses has been proven for nearly 40 years. Our experts roll up their sleeves and investigate tax payment inefficiencies and complete all the necessary work to ensure our clients receive the refunds and exemptions of which they are entitled.
FUEL TAX RECOVERY
What Are Fuel Taxes?
​Fuel Taxes are monetary assessments made on the purchase of motor fuels by federal, state, county, and municipal governments and regulatory agencies throughout the United States, US territories, and Canada. For the most part, these assessments are made to support the construction and maintenance of public streets, roads, highways, and bridges throughout the country.
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Fuel taxes can account for as much as $0.60 of each gallon of motor fuel. Contact us today and discover how much your company can save.
How Fuel Tax Can Be Recovered?
The fact is there's no universal formula or easy process for recovering fuel taxes. However, depending on the industry, the type(s) of fuel used by your fleet, the mix of vehicles and equipment, the taxing jurisdiction(s), where and how fuels are purchased and consumed, and a variety of other criteria, many opportunities exist for the recovery of motor fuel taxes. ​
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Examples of commonly overlooked Fuel Tax Recovery opportunities:
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Power Take Off (PTO)
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Off-Road
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Idle Time
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Refrigerated Units
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Exempt Government Agencies
What We Do
NECS is AMERICA'S EXPERT IN FUEL TAXES®. Our experienced professionals will:
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Analyze your company's fleet operations, equipment, fuel purchasing methods, and fuel usage
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Gather required supporting documentation
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Contact all appropriate taxing authorities and file necessary paperwork
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Monitor the refund process
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Handle all questions and/or requests for additional information
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Reconcile any differences
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Represent tax filings in case of regulatory review or audit
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NECS® was awarded the United States Postal Service Quality Supplier Award (QSA) for fuel tax recovery work performed on behalf of the USPS.
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We are dedicated to being the fuel tax experts you can trust for the most up-to-date fuel tax information and refund opportunities.
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Discover how much your company can save.
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2290 RECOVERY
HVUT Recovery & Audit
Companies are responsible for filing Heavy Vehicle Use Tax (HVUT) annually for qualifying vehicles. However, certain business and operational fluctuations that occur after filing HVUT Form 2290, may entitle these companies to a refund of overpaid taxes. Overpayments happen more frequently than you might think.
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Don't continue paying more than you should.
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Sales & Use Tax Recovery
Various state and local taxing jurisdictions impose sales and use taxes on purchases of all types. NECS® can remove the burden and stress of identifying tax exempt purchases and refund opportunities from your company’s internal resources, allowing them to focus on core business operations.
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NECS will:
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Review and audit your purchases for refund opportunities
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Gather required supporting documentation
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Prepare your refund applications
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File all paperwork with appropriate entities
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Monitor the refund process
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Assist you in filing the applicable sales tax exemption certificates with vendors to prevent future sales tax assessments
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Implement a plan to reduce your Sales and Use Taxes.
SALES & USE TAX RECOVERY
AUDIT REPRESENTATION
Is your company facing an audit?
NECS stands ready to provide the expert representation you need, and the peace-of-mind you deserve. With over 100 years of combined experience in the areas of motor fuels and excise taxes, the professionals at NECS® offer sound audit representation and greatly reduce your risk of paying costly fines.
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We also offer counsel in the areas of audit planning, identifying non-compliance issues, maximizing fleet fuel use efficiency, and selecting the most efficient fuel purchasing option.