A company car is an amazing perk to an employee. But it is a high expense for an employer. With the prices of new vehicles at historic highs, 2023 is a good time to consider alternatives. Here are...
What's an industry standard car allowance? Turns out, most companies ignore their employee car allowance when they could instead turn it into a business tool to attract and retain talent.
The Illinois Wage Payment and Collection Act, California's Labor Code Section 2802, and other state labor laws require full reimbursement of employee business expenses. In an inflationary economy...
The fixed and variable rate allowance (FAVR) provides a tax-free, defensible, and cost-effective tool to offset employee vehicle expenses.
With mobile employees facing historically high vehicle-related costs, now is the time to re-calculate your car allowance vehicle reimbursement.
2022 has been an expensive year for most businesses. As you head into 2023, your business may be weighing whether to pay a car allowance or mileage reimbursement to employees. Our answer may surprise...
The year 2022 brought record-level vehicle expenses, which has put a lot of financial stress on employees who drive as part of their jobs. How has your organization responded? Here are four ways to...
Whatever the circumstances of your employees – working from a vehicle, working from home, or working in the office – it is important to know their state's reimbursement laws. In states that require...
We often get asked by company managers or employees who drive for work how much auto insurance they should carry. Different states have different required minimum coverages, but all of these fall...
