Now that gas prices have fallen from this summer's historic highs, it is worth considering how to plan for future fuel price volatility and its effects on your business. Adopting a FAVR vehicle...
With gas prices at record levels, it raises the question of whether a company's car allowance or vehicle reimbursement program should factor in the fuel efficiency of the vehicles being used.
In 2022, adaptability and flexibility are the keys to a competitive and cost-effective vehicle reimbursement program or car allowance. The pandemic has left both challenges and opportunities in its...
In 2022, it pays to outsource the administration of your company car allowance policy. Here are the top ten reasons why.
Paying an equal car allowance or mileage rate has long been the norm. But today's economy requires a different approach. It all starts with a standardized vehicle.
The recent spikes in gas prices may rise further. A couple of weeks ago, we discussed how prices at the pump can impact car reimbursements. Today let's take a step back and look at the bigger picture.
A company car is an amazing perk to an employee. But it is a high expense for an employer, and an underutilized tool during the pandemic, pushing some companies to look for alternatives. Here are...
Each year, the IRS updates its rules and guidelines for non-taxable, accountable vehicle reimbursements. If your organization uses or is considering a FAVR car allowance, here's what you should know.
