When it comes to providing a car allowance or reimbursement to employees, it is important to craft a financially sustainable plan. Here are five ways to achieve accurate reimbursements without cost...
The travel and expense (T & E) category of an operations budget is one of the toughest to control. One easily overlooked subcategory is reimbursement for vehicle travel. Performing a review of this...
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.
A company car is an amazing perk to an employee. But it is a high expense for an employer. With the prices of new vehicles at historic highs, 2023 is a good time to consider alternatives. Here are...
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, 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.