The story of the past few years has been inflation. Everyone is experiencing higher costs. One way for your business to reduce costs is to switch from paying a standard car allowance to a tax-free...

If your company pays a monthly vehicle stipend, 40% or more of that money could go to federal and state coffers. With tax withholding reducing an employee's take-home pay so much, is this the best...

Thinking of adding a fuel card to your company car allowance policy? Read this guide to the pitfalls of paying directly for fuel. Then learn a better solution.

As we move into 2025, writing a new car allowance policy is a good way to keep up with changing times. But how do you create a fair and effective policy? This guide will help you navigate the...

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.

You company's car allowance covers a wide range of employee vehicle expenses. If you have not adjusted the allowance amount in the past three years, don't be surprised if employee retention has...

When an organization pays a car allowance, it is typical to pay the same amount to all employees who drive for the company. But a more equitable approach can immediately improve any organization's...

Car allowances remain one of the most popular ways for employers to offset their employees' business vehicle expenses. However, few organizations take time to calculate a fair amount based on...

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.