What are the tax rules for mileage reimbursements? Many employers pay a cents-per-mile rate because it is simple to calculate. But it is important to know the IRS rules about taxes on mileage...

When it comes to understanding vehicle allowances, navigating the intricacies of tax regulations can be daunting. The Internal Revenue Service Publication 463 provides guidance, but it is 60 pages...

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

The current IRS rules for business mileage deductions continue until 2026. The Tax Cuts and Jobs Act (2017) removed business expense deductions for employees. These rules continue to affect whether...

Employers are not required by federal law to reimburse mileage incurred by employees for work. But they absolutely should adopt some kind of vehicle reimbursement plan.

Not everyone realizes that the IRS treats car allowances as taxable income. If your organization does not withhold taxes on employee car allowances, it's time to start.

Every year, when the IRS releases its new standard mileage rates, a new maximum standard automobile cost for FAVR programs is released. The cap for 2024 was increased once again as vehicle costs...

If your organization operates a fleet of company vehicles, now is a good time to evaluate the tools you use to support this program. By adopting the right tools you can reduce your organization's...

Every HR leader wants to ensure that employees are treated with fairness in compliance with applicable laws. When it comes to vehicle reimbursements, a fair, compliant policy can go a long way to...