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...
[Updated for 2023] 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...
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...
In 2017 Congress passed a massive tax reform for the years 2018-2025. Under the rules of these tax years, paying a taxable car allowance just isn't worth it.
It's tax season again and time to review the IRS rules regarding business mileage deductions. The Tax Cuts and Jobs Act (2017) made major changes to the rules around miscellaneous tax deductions that...
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 2022 was increased significantly over 2021.