EMA Requests Speedier Federal Motor Fuel Excise Tax Claim Processing

EMA is receiving reports from energy marketers that they are once again experiencing delays in the processing of federal motor fuel excise tax (FET) ultimate vendor claims for sales of clear, tax-excluded diesel fuel to state and local governments.

In response, EMA sent a letter today to Acting IRS Commissioner Scott Bessent expressing concern over the delays and asking for a return to timely processing as soon as possible. EMA emphasized that many small business energy marketer operations could be disrupted if the delays are not resolved quickly.

The PPA has also received reports from membership on this issue and has engaged in working with congressional leadership to resolve the matter on a case-by-case basis. Please contact Ted Harris at tharris@papetroleum.org if you are experiencing a delay of over 60 days and would like the PPA to coordinate outreach with your legislator.

Tired of Delayed IRS Tax Refunds?

EMA Member Service Benefit with IRS-Approved E-File Company ThinkTrade to Help Streamline IRS Tax Refunds

After hearing from marketers’ concerns regarding IRS tax refund delays, the Energy Marketers of America (EMA) partnered with ThinkTrade, an IRS authorized e-filing service provider and a BBB accredited company with A+ rating, enabling safe and secured filing for taxpayers. ThinkTrade will grant EMA member companies a 15 percent discount off ThinkTrade’s e-filing services through a dedicated landing page to prepare, file and pay federal excise tax returns on IRS Forms 720, 8849 and 2290.

With over two decades of experience serving customers, ThinkTrade has a proven track record of delivering savings and support to trucking companies of all types and sizes when filing federal excise taxes. Energy marketers will also have access to ThinkTrade’s dedicated 24/7/365 support team, which provides one point of contact for all e-filing service needs.