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From time to time, we like to feature a question we have received. This time, the question is about whether a fixed and variable rate reimbursement (aka FAVR car allowance) is superior to a...

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For many industries 2020 was a year of loss, forcing them to re-evaluate priorities and figure out how to survive. COVID-19 is now forcing many organizations to decide whether to continue offering a...

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The fix and variable rate allowance (FAVR) provides a tax-free, defensible, and cost-effective tool to offset employee vehicle expenses.

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Topics: FAVR

Each year, the IRS updates its rules and guidelines for non-taxable, accountable vehicle reimbursements. If your organization uses or is considering a FAVR car allowance, here's what you should know.

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As your business evaluates business vehicle plan options for 2021, adopting a fixed and variable rate reimbursement, also known as a FAVR car allowance, should be high on your list. Find out why we...

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Topics: FAVR

2020 has been a rough year for everyone. As you head into 2021, your business may be weighing whether to pay a car allowance or mileage reimbursement to employees. Our answer to this question may...

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With so many Americans working remotely right now, many workers are putting fewer business miles on their vehicles than they did before the COVID-19 pandemic struck. Now is an important time to shore...

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With the COVID-19 pandemic hitting the United States, it's no longer "business as usual." As painful economic losses mount and more people work from home, we are entering an unprecedented phase. What...

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