In the wake of the 2018 tax reform businesses MUST fully reimburse employees who use personal vehicles for work. The changes in tax code have eliminated the federal deduction for unreimbursed...

Over time, an auto allowance can resemble a snowball rolling down the side of a mountain. It starts small and simple, but leads to far-reaching – and sometimes destructive – consequences. That's...

As vehicle expenses increase, employees may complain that their car allowance isn't enough. And now that they can no longer deduct mileage on their taxes, these workers are feeling the pinch. Some...

Employees who drive a personal vehicle for work often receive a vehicle allowance to offset costs. Most people receive the allowance as a monthly lump sum. But does that monthly payment cover all...

Lately there's been a buzz around FAVR vehicle plans, also known as fixed and variable rate car allowances. Many organizations are wondering whether this would be a better alternative to a...

Is your car allowance taxable? It depends on whether it's an IRS-accountable plan or a non-accountable plan. Let's look at the guidelines.

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:

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.