You company's car allowance covers a wide range of employee vehicle expenses. If you have not adjusted the allowance amount in the past three years, don't be surprised if employee retention has...
No federal law requires employers to reimburse their employees' business vehicle expenses. But many companies choose to – for good reasons.
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...
Interest in FAVR vehicle plans, also known as fixed and variable rate car allowances, is on the rise. Many organizations are wondering about this alternative to a standard taxable car allowance....
When deciding on a mileage reimbursement rate, many companies look for guidance to the published standard mileage rates from the IRS. But the question of whether to pay that exact rate to employees...
More and more businesses have been choosing to adopt FAVR programs over traditional car allowances, mileage reimbursements, and fleet programs. Here's a brief overview of FAVR car allowances and why...
Every organization with employees who operate a vehicle on the job should have a vehicle safety policy. Addressing distracted driving is a key way to strengthen your organization's policy, save...
Whether your business operates a fleet of company vehicles, pays a car allowance, or reimburses vehicle costs, today's sky high car insurance rates are playing a role in your budget. Here's how to...
Many sales reps receive a car allowance to cover their vehicle travel costs. By adopting a FAVR car allowance and adding a mileage app, you can turn that monthly payment into a source of productivity.
