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...

The IRS mileage rate was designed to be a tax deduction tool for individual taxpayers, but it has become the standard rate for business vehicle reimbursements. The results are costlier than you...

If you provide a vehicle reimbursement to employees working in Illinois, gas tax increases could put your organization in a bind. The IRS business mileage rate cannot guarantee compliance with the...

A standardized mileage rate, such as the IRS rate, and employee-reported mileage both can make it hard to control costs while supporting employees sufficiently – here are three best practices to...

[UPDATED] We now know what the IRS standard business mileage rate will be in 2021. Here are steps your organization can take to stay responsive to these changes.

If your company uses the IRS business mileage rate to reimburse employees, you are using the wrong tool for the task. This vehicle reimbursement approach has significant shortcomings in a normal...

The IRS has just released the 2020 standard business mileage rate. Whether your company uses the IRS for reimbursements or is considering it, here's what you need to know to be prepared for 2020.

You don’t have to overpay to reimburse your employees – unless, that is, you’re paying the IRS standard mileage rate. With ease comes a price, but there are alternatives.