A company-provided vehicle has always been a huge perk. However, recent trends have made it more expensive to maintain a company fleet. Is reimbursement of an employee-owned vehicle a better option?

As vehicle expenses increase, employees may complain that their car allowance isn't enough. Some employers may try adding a fuel card or fuel reimbursement. Others may switch entirely to a mileage...

The fixed and variable rate allowance or FAVR provides a tax-free way to offset employee vehicle costs. This method is an IRS-compliant, cost-effective vehicle reimbursement plan.

Many organizations pay a mileage rate to reimburse workers for the use of a personal vehicle. But how do you know it accounts for all reimbursable vehicle expenses? Some expenses like auto insurance...

With inflation running high and employees unable to deduct business mileage on their tax returns, businesses are turning to non-taxable car allowances. The best option is the fixed and variable rate...

Mileage reimbursement is a way to recognize the efforts of employees who use their vehicles for work. A lot of confusion surrounds determining mileage rates and reimbursable expenses. This guide will...

After three years of vehicle price increases and inflation in vehicle-related costs, now is a good time to reevaluate your company fleet. Your organization may benefit from switching some or all...

Most businesses experience both fixed expenses and variable expenses. Knowing the difference is important, especially if your organization reimburses employees for their business vehicle expenses.

Interest in FAVR vehicle plans, also known as fixed and variable rate car allowances, is on the rise. Many organizations are wondering about this alternative to a standard taxable car allowance....