No federal law requires employers to reimburse their employees' business vehicle expenses. But many companies choose to – for good reasons.

Car allowances are often underestimated as a business tool in many organizations. They appear straightforward and easy to manage. However, the apparent simplicity of a regular monthly payment...

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....

Many companies use the IRS's published standard mileage rates as a mileage reimbursement rate. However, the question of whether to pay that exact rate to employees is actually somewhat complicated.

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.

With inflation continuing to keep prices high, is it time to increase your car allowance? If you have not increased yours in the last three years, the answer is "Yes." But the way to do it might not...