What is your car allowance amount based on? If it’s not based on data, you could be in trouble. You may be overpaying or underpaying. Here's how to obtain the benchmarking data you need.
Calculating a fair vehicle reimbursement amount is not as simple as multiplying a mileage rate by miles driven. This is because paying an equal rate to employees is not equitable.
Every year, when the IRS releases its new standard mileage rates, a new maximum standard automobile cost for FAVR programs is released. The cap for 2024 was increased once again as vehicle costs...
In the state of Massachusetts, most employees who operate a vehicle for work purposes are entitled to reimbursement of travel expenses outside the normal commute to their work site. Here's what your...
Your company's car allowance policy is either helping or hindering your organization's objectives. Here are three ways to make sure your policy is optimized to fit your goals.
Illinois in 2018 joined eight other states that legally require employers to reimburse employees for the use of a personal vehicle at work. Here is the best way to reimburse these employees and...
Businesses that use the IRS mileage rate to reimburse employees are using the wrong tool for the task. Let's look at three key reasons to avoid mileage reimbursement at the IRS business rate.
Employees working in California are covered under one of the country's strictest labor codes. Here's how to properly reimburse your employees for the use of a personal vehicle for work.
If you have not updated your vehicle allowance or reimbursement plan in the last two or three years, your plan has probably not kept up with inflation. Here are some ways to tell.
