The current IRS rules for business mileage deductions continue until 2026. The Tax Cuts and Jobs Act (2017) removed business expense deductions for employees. These rules continue to affect whether...

Managing a corporate vehicle fleet effectively is crucial for businesses that rely on vehicles for their operations. This guide will provide insights into fleet management, mileage tracking, and the...

Businesses and employees operating in the state of Texas should be familiar with laws governing mileage reimbursements. Texas does not have strict reimbursement laws, but competitive businesses pay...

If your organization has workers in Virginia who use a personal vehicle for their jobs, you need to be familiar with applicable laws. While Virginia does not legally require employers to reimburse...

After three years of vehicle price increases and inflation in vehicle-related costs, now is a good time to reevaluate your company fleet. Your organization may benefit from switching some or all...

In a report last year, LinkedIn estimated that the cost of losing an employee often equals 1.5 to 2 times that employee's salary. Here are some ways to calculate that cost and determine whether your...

Not everyone realizes that the IRS treats car allowances as taxable income. If your organization does not withhold taxes on employee car allowances, it's time to start.

It is common for businesses to pay the same car allowance or reimbursement to all employees who operate vehicles. But some organizations offer more individualized reimbursements. Which is the right...

Proof of employees' auto insurance will not be enough to protect your business in the event of an accident. It is vital to keep records of each employee's insurance policy declaration pages.