Is your car allowance taxable? It all depends on whether it's an IRS-accountable plan or a non-accountable plan, which answers the question if they should be claimed as income or reimbursement....

Both employers and employees often ask us whether their car allowance or mileage reimbursement should be taxed. Here’s a typical question and how we answer it:

The 2018 tax reform has placed new pressure on businesses to fully reimburse employees who use personal vehicles for work. The new tax code eliminates the federal deduction for unreimbursed...

This spring, taxpayers will file under the new tax code for the first time. Changes in the rules governing miscellaneous deductions will affect thousands of workers who receive a taxable car...

The results are in: most companies ignore best practices. Outmoded car allowances set companies up for expensive fixes. Don’t be like the competition.

At mBurse, we constantly say, “Equal is not equitable—it’s just equal.” This statement has almost become a cliché in the office, but this statement is true. The reason is simple: giving equal...

Gas prices are rising again, which means reported business mileage will rise, and employee productivity will drop. New changes in the tax code to limit deductible business expenses only increase...

According to AAA, the average cost of owning and operating a new motor vehicle in 2017 was $8,469. But it’s not actually that simple. If you drove a small sedan, you may have spent closer to...

Paying the same car allowance or mileage rate to all mobile employees is like serving the same amount of food to the U.S. Olympic swim team as to the golf team. Most golfers won’t need much more...