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),...

It’s an HR manager’s worst nightmare. While working, an employee causes an auto accident with injuries. And the employee was uninsured. This is why businesses should mandate and verify employee...

If an employee causes a car accident while on the job, the company will likely face some liability. Vehicular accidents are one of the leading causes of work-related injuries and fatalities. Let's...

Without question, a company car is a huge perk. Employees get to drive a nice vehicle without all the expense and liability. The company can attract top talent while projecting a uniformly classy...