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How to Save Money with a Tax-Free Car Allowance

by mBurse Team Member, on Feb 22, 2021 7:00:00 AM

It's tax season, and filers will again be reminded that they cannot deduct miscellaneous business expenses if they are an employee. This means no mileage deduction for workers who receive a car...

The FAVR Car Allowance, Defined

by mBurse Team Member, on Feb 15, 2021 7:00:00 AM

The fix and variable rate allowance (FAVR) provides a tax-free, defensible, and cost-effective tool to offset employee vehicle expenses.

Tags: FAVR

3 Questions to Improve a Typical Car Allowance

by mBurse Team Member, on Feb 1, 2021 7:00:00 AM

Company car allowances policies are often some of the most overlooked policies in the organization. But these policies are more important than you might think.

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