The car allowance is one of the most overlooked business tools within most organizations. It seems simple enough and easy to maintain. But the simplicity of a standard monthly payment carries hidden...
Mileage reimbursements for employees are standard in many industries. The approach is straightforward and seems fair. But the IRS-approved FAVR mileage reimbursement is being touted as a more...
Wondering what portion of your mileage reimbursement rate should cover fuel costs? There is a way to calculate it and help determine whether your reimbursement rate can handle the recent spikes in...
High fuel costs are here to stay for the foreseeable future. With both gas and diesel prices at historic highs and no end in sight, here are some ways to protect your business.
A company provided vehicle has always been a huge perk. However, recent trends have made it more expensive to maintain a company fleet. Is switching to a car allowance or vehicle reimbursement a...
In 2022, adaptability and flexibility are the keys to a competitive and cost-effective vehicle reimbursement program or car allowance. The pandemic has left both challenges and opportunities in its...
In 2017, California approved a law that increases the gas tax every year on July 1 based on the California Consumer Price Index. As gas prices continue to rise, business owners face serious...
In times of high gas prices, organizations that pay a car allowance feel pressure to provide employees with a gas card or fuel reimbursement. However, there are more cost-effective ways to protect...
When an employee drives a personal vehicle as part of their job, the company typically reimburses the driver for the cost of the business use of the vehicle. Many employers pay a cents-per-mile rate...
