Your employer may provide you with a car allowance or a mileage reimbursement to pay for the business use of your personal vehicle. If your job requires you to use a vehicle to carry out...

A fair car allowance should be based on the vehicle costs employees reasonably incur while driving for work—not a competitor’s payment, a national average, or an amount carried forward from an old...

A car allowance may look simple from the employee’s perspective: the company adds a fixed payment to each paycheck. Behind that payment, however, several teams may be responsible for eligibility,...

If employees use personal vehicles for work in California, a standard monthly car allowance may not be enough.

California Labor Code Section 2802 requires employers to reimburse employees for...

With a significant portion of today's workforce working remotely, a responsive business vehicle program is essential. The secret is to start with a standardized vehicle, not a standardized rate. This...

Your company's car allowance covers a wide range of employee vehicle expenses. But what is a car allowance supposed to cover? If you have not adjusted the allowance amount in the past three years,...

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, a large share of that payment may be lost to federal income tax, FICA, and state income tax. For employees, that means a $600 allowance may deliver far...

Vehicle allowances can become outdated when fuel, insurance, maintenance, depreciation, registration, taxes, and repair costs change but the monthly payment stays the same.

Even if your company...