If you can’t quantify what your car allowance covers, you could be in trouble. Vehicle costs have risen significantly, and employees no longer have the ability to deduct business mileage on their...

As the prices of new and used vehicles continue to rise and gas prices remain historically high, businesses are increasingly forced to ask whether the company car is still worth it.

As the fourth quarter begins, we near the fourth year in which employees who receive a car allowance cannot write off mileage on their tax returns. This reality combined with rising gas prices,...

The fixed and variable rate (FAVR) reimbursement provides a tax-free, defensible, and cost-effective tool to offset employee vehicle expenses. Leveraging data to reimburse auto expenses, FAVR is...

From time to time, we like to feature a question we have received. This time, the question is about whether a fixed and variable rate reimbursement (aka FAVR car allowance) is superior to a...

The IRS mileage rate was designed to be a tax deduction tool for individual taxpayers, but it has become the standard rate for business vehicle reimbursements. The results are costlier than you...

Company car allowances policies are often some of the most overlooked policies in the organization. But these policies are more important than many people realize.

In 2017 Congress passed a massive tax reform for the years 2018-2025. Under the rules of these tax years, paying a taxable car allowance just isn't worth it.

If your employees travel for business in their personal vehicles, and they receive a flat car allowance, you are probably violating California’s labor code. CA Labor Code, Section 2802(a),...